For Sale
$1,100,000
387 BroadwayProvidence, RI 02909
Historic Providence Multifamily Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
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
387 Broadway, Providence, Rhode Island
Nearby Similar for Sale
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