506/508 Branch Ave Providence

Multi-Family for Sale
Also listed as Industrial
Catylist Listing ID: 30664615
Property Subtypes: Duplex/Fourplex, Mid-Rise, Mixed Use
Number of Units: 2 Units
Building Size (RSF): 2,944 SF
Gross Building Area: See Agent
Gross Land Area: 8,000 SF
Sale Price: $329,000
Unit Price: $164,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 1,344 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/26/2021

Overview / Comments

2 Unit Multifamily for sale in the providence neighborhood. 2 x 1BR 1 Bath, Separate utilities, hardwood floors and updated kitchens. Property is located on 2 x 4000sf and zoned C-2, suitable for multiple commercial purposes.

Great opportunity for a contractor with a central location, garage and parking spaces available. 2 Garages at the back of the property ~800sf each.
- Garage real left - 800sf, 4 door currently one unit
- Garage real right - 800sf, 3 units, 2 door unit, and 2 x 1 door units.

508 Branch

506 Branch

Attachments & Media

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: PR 099-0153
Percent Occupied: 100%
Highway Access: close to RI 146 and I95.
Total Number of Buildings: 3
Property Condition: Average
Number of Stories: 2
Year Built: 1920
Zoning Description: C2
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 35,189 255,373 435,143
Median Age: 31.82 33.72 35.8
Households: 12,966 97,644 167,635


Photograph of Listing Agent

Michael A Alves

Keller Williams Realty Leading
ECCPN Member
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