41.82914 -71.39208
$2,700,000
Contract Pending
6,500Sqft
6,534Lot Size
Commercial/Business in East Side of Providence
Excellent investment opportunity! 6 Unit building in between Wayland Sq and College Hill. Close to all the major universities. This entire building was completely rehabbed in 2005. Solid rental history and currently fully leased. Laundry in units, central heat/air, modern kitchen and baths, huge ceilings, hardwoods throughout. 21 Beds 14 bath total:: 1, 2 bed, 3, 3 beds, 1, 4 bed, and 1, 6 bed. RENTAL INCOME $217,800; NOI $165,780;
Courtesy Of Legacy Real Estate Company

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1920
  • County: Providence
  • Taxes: $31,752.00
  • Zoning: RP
  • Subdivision: Wayland/College Hill
  • MLS Number:1267287

Additional Features

  • Zoning:
    • RP
  • Cooling:
    • Central Air
  • Furnished:
    • 0
  • Laundry:
    • In Units
  • Building Description:
    • Residence
  • Loading Dock:
    • None
  • Location:
    • Suburban
  • Occupied By:
    • Tenant
  • Seating Capacity:
    • 0
  • Type:
    • Apartment
  • Basement Details:
    • Full
  • Foundation:
    • Concrete
    • Mixed
  • Acres:
    • 0.15
  • Close To:
    • Bus
    • Commuter Bus
    • Golf
    • Highway Access
    • Hospital
    • Interstate
    • Marina
    • Private School
    • Public School
    • Railroad
    • Recreational Facilities
    • Schools
    • Shopping
    • Swimming
    • Tennis
  • Electric:
    • 400 Amps
  • Heating System:
    • Central Air
    • Central Heat
    • Gas Connected
  • Sewer:
    • Connected
  • Complex Name:
    • 387 389 ANGELL ST
  • Number of Buildings:
    • 1
  • Road:
    • Blacktop
  • Water:
    • Connected
    • Public Connected
  • Franchise:
    • N
  • Owner Pays:
    • Sewer
    • Snow Removal
    • Trash Services
    • Water
  • Tenant Pays:
    • Electric
    • Heat
    • Hot Water
  • Above Grade SQFT:
    • 6500
  • Building Levels:
    • 3
  • Cap Rate:
    • 6.10
  • Divisable:
    • N
  • Electric Exp:
    • 0.00
  • Freestanding:
    • Y
  • Lease Assignable:
    • N
  • Lease Considered:
    • N
  • Lease Renewal Option:
    • N
  • Lot Size Sq Ft:
    • 6534
  • Maintenance Exp:
    • 0.00
  • Minimum Space Leased:
    • 0.0000
  • Number Of Units Leased:
    • 6
  • Onsite Parking Spaces:
    • 2
  • Total Parking Spaces:
    • 2
  • Use Type:
    • Residential
  • Years Current Owner:
    • 15
1 Charles Street Providence RI 02904
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