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169 Waterman Street Providence, RI $ 1,750,000
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$ 1,750,000 Get more info
169 Waterman Street
$ 1,750,000
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169 Waterman Street

Providence, RI, 02906
$ 1,750,000
Baths0.0 Sq 4,138

Monthly Estimate*

$ 11,631

169 Waterman Street, Providence, RI 02906 - Image 1
169 Waterman Street, Providence, RI 02906 - Image 2
169 Waterman Street, Providence, RI 02906 - Image 3
169 Waterman Street, Providence, RI 02906 - Image 4
169 Waterman Street, Providence, RI 02906 - Image 5
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Studio

Commercial Property for sale in Providence, RI

for $1,750,000. This 4,138 square foot building was built in 1900 on a lot size of 0.160009.

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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Commercial Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 34,608

Style

Commercial

Lot Size

0.160009

Year Built

1900

Town/City

Providence

County/Region

Providence

MLS | Web ID

1358121
Features
General
Sewer Connected Sanitary
Heating Gas
Cooling None
Utilities ElectricityAvailable NaturalGasAvailable NaturalGasConnected MunicipalUtilities WaterConnected SewerConnected
Zoning R-3
Security Features FireAlarm FireEscape
Construction Materials Frame
Year Built 1900
Electric CircuitBreakers
Stories 3
Levels ThreeOrMore
Property SubType Commercial
Tax Year 2023
Community Features NearSchools PublicTransportation Restaurant Shopping
County Providence
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name College Hill/Wayland
Possible Use MultiFamily
Garage Y/N N
Status Active
City Providence
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 0
Lot Size Units SquareFeet
Lot Size Square Feet 6970.0
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 6
Street Name Waterman
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 34608.0
Home Warranty Y/N N
Trash Expense 0.0
Water Sewer Expense 4926.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/169-Waterman-ST-Providence-RI-02906
Days on Market 10
Structure Type Apartment MultiFamily
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 986000
Tax Lot 553
Ownership Type Corporation
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Interior
Basement Full
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 4138.0
Laundry Features CommonArea LaundryRoom
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 7.0
Lot Size Area 6970.0
Foundation Details BrickMortar Stone
Number of Buildings 1
Spa N
Building Area Total 4138.0
Street Suffix Street
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 169
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* Excluded Features
List By
Re/Max Professionals

Broker

stacia@sellri.com

Email

Affordability Calculator

$14,515
Per Month
80%
20%
0%
Monthly Principal & Interest
$11,631
Monthly Property Taxes
$2,884
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/6/2024$1,750,000 Listed Price

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169 Waterman Street, Providence, RI, 02906 is a Commercial Property for sale at $1,750,000 with 4,138 sqft and a lot size of 0.160009. 169 Waterman Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 02906 which is in Providence, RI

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