Episode Details

The provided audio outlines a real estate investment opportunity featured on the "Living Elevated" podcast, showcasing a three-family residence located in Central Falls, Rhode Island. Expert broker Alex Parmenidez describes the property at 113 Summer Street as a turnkey asset designed to generate immediate passive income through its three fully occupied rental units. A primary benefit highlighted is the separation of utilities, which ensures that tenants handle their own heating and electricity costs to protect the owner's profit margins. The location is presented as a prime commuter hub, offering easy access to major highways and rail stations connecting to Providence and Boston. The source emphasizes that this building serves as a wealth-building tool for both seasoned professionals and individuals looking to offset their mortgage through owner-occupancy. Interested parties are encouraged to contact the listing agent to review financial documents or arrange a private viewing of the renovated interior.