$1,650,000
( $398.74Per Sq Foot )
 $8,858 est/mo Sourced by Back At You

169 Waterman Street , Providence, RI 02906

Providence, RI 02906

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Description

Rare opportunity to own a 7 unit apartment building (zoned for 6) in the heart of College Hill/Wayland neighborhoods. Quick walk (4 blocks) to Brown Campus and Thayer Street make this a high demand location. Currently used as cooperative housing with 5 units rented well below market and 2 vacant units. All leases expire in August 2024. Opportunity awaits to reposition this investment property-choose your own tenants and set your own rents! Each unit has its own gas meter and boiler. Gas fired hot water tanks are on a house meter. 1 electric meter. Small laundry room on site in basement for Tenants. Hardwood floors and fireplaces give these apartments charm. Vinyl siding and replacement windows allow for easier upkeep. Parking for up to 7 cars on property plus street parking available. Fire code compliant.

Details

MLS#1365272
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1900
Days On Site49
Listing Provided ByRe/Max Professionals | Stacia Pietropaolo

Features

SQ Feet4,138
BasementY
Story(s)3
Building(s)1
ZoningR-3
Acreage0.16

Market Activity 02906

The information is being provided by Rhode Island Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Rhode Island Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateRI
CountyProvidence
CityProvidence
Zip Code02906
AreaProvidence
Community NameCollege Hill/Wayland
Listing VS Median (in College Hill/Wayland)
Price:
$1,650,000
low | high
Med:
$1,650,000
50% of Average
SqFt:
4,138
low | high
Med:
4,138
50% of Average
$ / SqFt:
$399
low | high
Med:
$399
50% of Average
On Site:
49
low | high
Med:
49.000000
100% of Average
Sourced by Back At You
Listing Updated: August 12, 2024 at 12:40:45 AM PDT