Check Out This Unique Multifamily Now Available!
This multifamily investment property is located in the west end of Providence. The four unit property features 3 – 2 bedrooms one bath apartments. Furthermore, a separate unit is included with 3 bedrooms and one bathroom. In fact, all units have separate heat and hot water with 2 year old tanks. Boilers are all ~10 years old.
132 Wendell Street, Providence RI Investment Property
Benefits of Real Estate Investment
According to investopedia, one of the best ways to start investing in real estate is to buy a multi family property.
KEY TAKEAWAYS:
Firstly, owning rental real estate can be a smart way to diversify your investment portfolio. And generate a steady income.
Then second, a multifamily property can multiply your income with only incremental added cost.
And last, multifamily rentals are typically easier to finance and compound returns more quickly.
The Bottom Line
“Much like stocks, real estate investing allows for one to be successful through several different strategies. One of the most popular ways to invest in real estate is to own a collection of rental properties. Properties that only have one residential rental unit are commonly referred to as single-family properties, while apartment complexes that have multiple rental units are known as multi-family properties.” Investopedia.com
So, don’t wait on this unique opportunity to invest in real estate. Contact us today!
