For Sale
$1,100,000
387 Broadway Providence, RI 02909
Historic Providence Multifamily Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $1,100,000 asking price for a stabilized multifamily investment.
- Six-unit apartment building in Providence, RI.
- 4,695 square feet, with a $234.29 price per square foot.
- 8.18% cap rate and $90,000 net operating income (NOI) with 85% occupancy.
- Located on Broadway in Providence's historic zone, close to downtown, Federal Hill, and Route 95.
- Three-story building, built in 1900, on a 5,000 square foot lot, with C/R zoning.
Property Details for 387 Broadway
- Property type
- Mixed-use properties, Apartment buildings
- Square Feet
- 4,695 SF
- Class
- C
- Year Built
- 1900
- Buildings
- 1
- Stories
- 3
- Units
- 6
Location Insight
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Latitude
- 41.8196918
- Longitude
- -71.4308022
Nearby Similar for Sale
FAQs
- What type of property is this?
- Mixed-use property - Historic Providence Multifamily Investment
- Where is the mixed-use property located?
- The property is located at 387 Broadway Providence, RI.
- What is the asking price?
- The asking price for this property is $1,100,000.
- What are key features of this property?
- This property features: $1,100,000 asking price for a stabilized multifamily investment.; Six-unit apartment building in Providence, RI.; 4,695 square feet, with a $234.29 price per square foot.
- How can I contact the broker?
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