FiftyTwoSouth

I've been living in Federal Hill for almost a year now (thanks for your help back then, guys; I found a great place right off Atwells!). I'm a student and my campus is in the middle of downtown. It's about a 20 minute walk for me right past some really good bakeries. Some of the area is trying to gentrify itself by converting old multifamilies into "luxury" condos (hardwoods, granite, stainless appliances, etc.), but many of the rental prospects are still very reasonable. Plus it does have that coveted "community" feel with almost everything within walking distance. Hope that helps! ~ 52S

Hi all, First of all, thanks so much for this thread. It has been invaluably useful as I try to figure out my life for the next three years. I will be moving to Providence from South Florida as a graduate acting student at Brown/Trinity Rep. (I promise, at all my parties outdoor urination is strongly discouraged). I'm basically looking for some direction, not knowing much about the housing market in Prov. My budget is about $200K and I'd love a place in a fun, safe neighborhood preferably within walking/biking distance to Trinity Rep. I have a friend up there with an entrepreneurial bent trying to talk me into a multi-family, but from what I've seen the more realistic options for my price range are a single-family or a loft/townhouse. And I'd be fine with renting out a room to help with expenses, if I can find a place big enough. Of course, it would be nice if I could take a little appreciation when I sold it as well. So basically, I'm looking for an affordable, well located property with low maintenance that generates its own income. I'd also love it if it made Julianne fries. Could someone please give me some general ideas as to where I should start looking? Or should I just rent for three years, since those rates seem so low? Help!