169 Waterman Street, Providence, Commercial

$ 1,650,000
169 Waterman Street, ,
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Overview

  • Updated On:
  • December 24, 2024

Description

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. Previously used as cooperative housing with under market rents. 5 units are now vacant. 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.

Address: 169 Waterman Street
State/County:
Zip: 02906
Country: US
Open In Google Maps
Property Id : 238689
Price: $ 1,650,000
Basement: Full
Bridge Modification Timestamp: 2024-12-24T12:04:05.626Z
Building Area Total: 4138
Building Features: Laundry Room
Community Features: Bus,Commuter Bus,Private School,Restaurants,Schools,Shopping
Construction Materials: Frame
Contract Status Change Date: 2024-08-01
Cooling: None
Electric: Circuit Breakers
Foundation Details: Brick/Mortar,Stone
Gas: Connected
Heating: Gas Connected
Laundry Features: In Building
Lease Expiration: 2024-08-31
List Agent Direct Phone: 401-286-5931
List Agent Email: stacia@sellri.com
List Agent Full Name: Stacia Pietropaolo
Listing Contract Date: 2024-08-01
Listing Id: 1365272
Living Area Units: Square Feet
Lot Features: Free Standing,Urban
Lot Size Area: 6970
Lot Size Square Feet: 6970
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-12-24T12:00:37.467Z
Number Of Buildings: 1
Number of Units in Community: 0
Number of Units Leased: 2
Number of Units Total: 0
Occupant Type: Tenant
Original Entry Timestamp: 2024-08-01T18:56:45.573Z
Original List Price: 1650000
Ownership Type: Corporation
Parking Total: 7
Possible Use: Multi-Family,Multi 5Plus
Road Frontage Type: Municipal
Security Features: Fire Alarm,Fire Escape
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-08-01T18:56:45.573Z
Stories Total: 3
Street Name: Waterman
Street Number: 169
Street Suffix: Street
Structure Type: Apartment,Multi Family
Tax Annual Amount: 34608
Tax Year: 2023
Utilities: Electricity Connected,Gas,Municipal Water,Sanitary Sewers
Water Source: Connected
Year Built: 1900
Zoning: R-3
Other Features
Ceiling Height: 7-9 Ft
Electrical Utility Available
Has Heating System
Property Attached
$ 6,397.38
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,397.38

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Alyse Antone Smyth, Esq.