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124 - 126 Waterman Avenue East Providence

$725,000
4,620 sq ft

The Property

This five-unit property in East Providence is an ideal investment opportunity. The units are in great condition and are currently fully rented. The property includes 11 off-street parking spots and a two-car garage that could generate extra income. It is located in a great area, making it even more appealing to potential tenants.

This building has a proven record of strong rental history for over 20 years. The rents are currently lower than market value. The five units include four one-bedroom units and one two-bedroom unit. In addition to being in great condition, each unit has separate utilities and coin-operated laundry and storage in the basement.

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Listing Details

MLS Number

1380193

Lot Size:

0.11 acres

Features

  • Basement: Full
  • Laundry Room
  • Sprinklers
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Baseboard, Forced Water, Gas on Gas
  • Heating Fuel: Baseboard, Forced Water, Gas on Gas
  • Laundry
  • Suburban
  • Year Built: 1910

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Market Trends for Commercial Sale
in East Providence

  • Overview
    Homes for Sale Today814.3% increase in inventory
    New on Market *1-66.7% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$231.33$118 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$750,000$750,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.00%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$153.19$153 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *221221 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?

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

Listed by Slocum

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