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280 Benefit Street Providence

$1,650,000
0 3,920 sq ft

The Property

Solid legal 7 unit building on Benefit St, in the heart of College Hill. This building consists of 3 studios, 3 one bedroom units, and 1 two bedroom unit. Rents include gas and electric, but units are separately metered for electric. 12 year young roof, electrical updated in 2018.

Many units have been updated throughout and laundry in the building. NOI $74,000. Total Rents $120,000.Fully leased for next cycle through 5/31/2023.

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Listing Details

MLS Number

1302716

Lot Size:

0.09 acres

Features

  • Basement: Full
  • Laundry Room
  • Heating: Baseboard, Central Heat, Gas Connected, Steam
  • Laundry
  • Type: Apartment
  • Year Built: 1859

Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today63-83.9% decrease in inventory
    New on Market *13-35% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$108.37$46 increase in List Price/Sq.Ft.
    Avg. Sale Price *$660,000$660,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *84.95%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$248.76$249 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *156156 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 Legacy Real Estate Company

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