169 Waterman Street Providence, RI 02906
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.
- Property TypeCommercial
- NeighborhoodCollege Hill/Wayland
- CountyProvidence
- Taxes$34,608
- HOA/Condo/Coop Fees$0
- Days on Site12 Days
- MLS StatusActive
- MLS ID Number1358121
- Home Size Source N/A
- Year Built1900
- Lot Size6970 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Frame
- Parking Spaces 7
- Electric Circuit Breakers
- Basement Full
- Number of Stories 3Three Or More3
- Water Public
- Security Fire AlarmFire Escape
- Utilities Electricity AvailableNatural Gas AvailableNatural Gas ConnectedWater ConnectedSewer Connected
- Foundation Brick/ MortarStone
- Zoning R-3
Interior Features
- Cooling None
- Heating Gas
- Laundry Features Common AreaLaundry Room
Exterior Features
- Road Frontage City Street
Community Features
- Community Features Near SchoolsPublic TransportationRestaurantShopping
- Security Features Fire AlarmFire Escape