East Side Mixed Use Investment
Multi-Family
for Sale
| Catylist Listing ID: |
30660577 |
| Property Subtypes: |
Low-Rise/Garden, Mixed Use, Student Housing
|
| Number of Units: |
9 Units |
| Building Size (RSF): |
4,614 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.21 Acres
|
| Sale Price: |
$1,095,000 |
| Unit Price: |
$121,666.67 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/23/2020 |
Overview / Comments
|
This 3-story mixed use property is located on the East Side of Providence on the highly visible Waterman Street. The property is 4,614± SF and was renovated in 2017. It consists of 6 professional offices on the first floor and 3 residential units; two 2-bedrooms on the 2nd floor and a 3 bedroom unit on the third floor. The property has rare off street parking for 15+ vehicles and is close to many amenities, with quick access to I-195 and downtown Providence.
|
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Providence |
| Tax ID/APN: |
PR 014-0536 |
| Zoning: |
RESIDENTIAL - R3 (LEGAL NON-CONFORMING) |
| Percent Occupied: |
100% |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Number of Stories: |
3 |
| Year Renovated: |
2017 |
| Parking Type: |
Surface |
| Total Parking Spaces: |
15 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
28,809 |
220,144 |
445,437 |
| Median Age: |
29.61 |
33.21 |
36.05 |
| Households: |
10,656 |
82,520 |
172,152 |
|
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