80 Veazie Street

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30296616
Property Subtypes: Low-Rise/Garden
Status: Pending/Contingent
Number of Units: 6 Units
Building Size (RSF): 4,500 SF
Gross Land Area: 11,325 SF
Sale Price: $269,000
Unit Price: $44,833.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Average Occupancy Rate: 77
Last Updated: 10/18/2018

Overview / Comments

1970s raised ranch 6-unit investment property within close proximity to PC. House sits on 11,000+ sqft lot, which means possibility for further development/second building. 4500 sqft of living space, with two garden level 2 bed/1 bath units and 4 upper level 3 bed/1 bath units. One of the lower level units is vacant and needs rehab. Most units are Section 8, but could easily be transitioned to student housing. One heating system. Separate electric meters. Plenty of parking.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Percent Occupied: 77%
Property Located Between: Between Douglas and Admiral
Highway Access: Easy access to 146 and 95
Airports: TF Green
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 3
Year Built: 1900
Parking Type: Surface
Total Parking Spaces: 10
Heat Type: Oil
Heat Source: Baseboard
Fuel: Oil
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 38,677 250,636 433,373
Median Age: 32.04 33.73 35.78
Households: 13,978 95,683 167,420


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