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169 Waterman Street Providence

$1,650,000
0 4,138 sq ft

The Property

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.

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Listing Details

MLS Number

1365272

Lot Size:

0.16 acres

Features

  • Basement: Full
  • Laundry Room
  • Heating: Gas Connected
  • Laundry
  • Type: Apartment,Multi Family
  • Year Built: 1900

Listed by RE/MAX Professionals

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