238-240 Brown Street is a turn-of-the-century two-family home full of character and charm updated with modern amenities in the heart of College Hill, offering easy access to Downtown, Amtrak, Brown, RISD & Whole Foods. The property can serve as a strong cash flow investment property or an owner-occupied home with tenants paying your mortgage. The 1, 466 sqft 1st-floor apartment has 2 beds and 1 bath and can be delivered vacant at closing. The kitchen was recently gut-renovated with quartz countertops, an island, stainless appliances w/ dishwasher, and garbage disposal. Kitchen opens to dining room plus double parlor rooms w/ period mantelpiece. Could be rented for $2800. Entryway was recently refinished, plus period windows have been rehabbed. 2nd and 3rd floors are a 2500 sqft 6 bed and 2 bath townhouse currently rented through June '24 for $4200 to Brown seniors. The third-floor bathroom was recently gut-renovated. The exterior was just painted. Forced air heating systems (easy to add AC). Fenced, urban garden/yard with grass and brick paver patio. The current rent is below market value. The front porch has separate front door entrances. Off-street parking for 4 cars.
