103 Evergreen Lot C Street, Providence, RI 02906 - Providence County

Entitled Lot in Mount Hope-Approved for 3 Unit MultiFamily Development. Rare opportunity to build in the heart of the Mount Hope Neighborhood. This entitled lot is approved to accommodate a 3-Family apartment building, each unit thoughtfully planned at approximately 1,030 sq.ft. with 3 bedrooms, 2 baths and one off-street parking space per unit.The site also features outdoor space for a patio, fire pit, and or garden space for owners and tenants to use. Once built each unit is projected to command $3,400/month rental income, offering strong returns in high demand rental market. Enjoy the best of city living-just a short walk to a vibrant mix of coffee shops, restaurants and boutiques that make Mount Hope such a popular destination. While the entitlement supports a well sized 3 unit building, a lot is also suitable for a 2 Family or single family home, offering flexibility for developers or end-users alike. Architectural plans and permit drawings will still need to be created for submittal. An ideal project for a developer looking to capitalize a shovel-ready opportunity in a prime location.