Under $300K Investment Properties for Sale in Providence, RI
776- 3 Bed
- 1 Bath
- 1036 sft
26- 1 Bed
- 2 Bath
- 810 sft
71- 3 Bed
- 1 Bath
- 1313 sft
125- 3 Bed
- 1 Bath
- 1540 sft
Why Invest in Providence, Rhode Island?
Providence, RI offers strong investment potential in properties under $300k, especially in multifamily units and fixer-uppers. Stable demand from renters and modest appreciation make these affordable buys appealing for cash flow-focused investors. With average rents supporting yields around 7-9% and cap rates of 6-8%, under-$300k properties deliver reliable returns. The city's hot market ranking and limited supply enhance long-term value in this price segment. Investor interest remains high due to proximity to jobs and universities.
Frequently Asked Questions
Yes, multifamily homes and condos under $300k are available, offering strong cash flow from rentals. These properties benefit from high renter demand near universities and jobs. Focus on East Side or South Providence for best value.
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