$650,000

Must see! 69 Phebe Street offers an existing multifamily home on a distinctive through-lot that extends from Phebe Street to Waite Street dual frontage that creates flexibility well beyond a typical residential parcel. The current home features 4 bedrooms, 2 full bathrooms, and approximately 1,352 square feet of living space, along with a detached 3 car garage, off-street parking, hardwood and tile flooring, and an unfinished basement. A buyer may generate income from the existing property while evaluating additional use of the land. What sets this offering apart is the lot. Approximately 7,841 square feet with access and frontage on two streets. Preliminary plans have been prepared and approved for the buildable portion of the property. Potential paths to explore subject to independent verification with the City of Providence. This sale is attractive to investors, developers, builders, contractors, and owner-occupants seeking both existing housing with room to build new and grow. Lot schematics and additional property information are available to serious buyers. Buyer and buyer's agent to independently verify zoning, permitted uses, ADU eligibility, building plans, approvals, setbacks, utilities, and all development possibilities with the City of Providence and appropriate professionals. See attached document.