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169 Waterman Street

Providence, RI 02906
  • $1,750,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 1358121
UPDATED: 143 min ago
$1,750,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,138
    SQFT
  • $423
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

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 6 units rented well below market and 1 vacant unit. 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.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-15T17:37:32.597.
www.krekorianteam.com/homes/150255980
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169 Waterman Street Providence, RI 02906

  • Price: $1,750,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 143 min ago
  • MLS #: 1358121
0
Beds
0
Baths
0
½ Baths
0.16
Acres
4,138
SQFT
$423
$/SQFT
1900
Built
Neighborhood:
College Hill/Wayland
County:
Providence
Area:
Providence
Property 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 6 units rented well below market and 1 vacant unit. 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.
Exterior Features

Construction Materials Frame Foundation Details Brick Mortar Stone Levels Three Or More Parking Total 7

Interior Features

Basement Full Basement YN Yes Cooling None Cooling YN No Heating Gas

Property Features

Community Features Near Schools Public Transportation Restaurant Shopping Electric Circuit Breakers Human Modified YN No Land Lease YN No Laundry Features Common Area Laundry Room New Construction YN No Owner Pays Electricity Hot Water Insurance Sewer Taxes Water Possible Use Multi Family Property Sub Type Commercial Road Frontage Type City Street Security Features Fire Alarm Fire Escape Sewer Connected Sanitary Structure Type Apartment Multi Family Tax Annual Amount 34608 Tax Assessed Value 986000 Tax Lot 553 Tax Year 2023 Utilities Electricity Available Natural Gas Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected Water Source Connected Public Zoning R-3

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of RE/MAX Professionals: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-15T17:37:32.597.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882