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169 Waterman Street Providence

$1,650,000
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. Previously used as cooperative housing with under market rents. 5 units are now vacant.

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
  • Bus
  • Commuter Bus
  • Private School
  • Restaurants
  • Schools
  • Shopping
  • Heating: Gas Connected
  • Heating Fuel: Gas Connected
  • Laundry
  • Free Standing
  • Urban
  • Year Built: 1900

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Market Trends for Commercial
in Providence

  • Overview
    Homes for Sale Today59-14.5% decrease in inventory
    New on Market *10-41.2% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$195.28$115 increase in List Price/Sq.Ft.
    Avg. Sale Price *$506,625$213,375 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.23%-0.4% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$196.72$41 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *15961 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Re/Max Professionals

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