Price Reduced 3.59%
Price History
$725,000
3/18/2025
$699,000
4/5/2025
124 126 Waterman Avenue, East Providence, RI, 02914
1910
This five-unit property in East Providence is an ideal investment opportunity. The units are in great condition. The property includes 11 off-street parking spots and a two-car garage that could generate extra income. It is located in a great area, making it even more appealing to potential tenants. This building has a proven record of strong rental history for over 20 years. The rents are currently lower than market value. The five units include four one-bedroom units and one two-bedroom unit. In addition to being in great condition, each unit has separate utilities and coin-operated laundry and storage in the basement. One unit is now available to rent, freshly painted, featuring a new bathroom floor and new toilet. It's available instantly with a revised rental rate at your chosen price to immediately boost the cap rate!
Status:
Active
Type:
Commercial
Furnished Remarks:
Unfurnished
Laundry Remarks:
Common Area,Laundry Room
Units:
5
Complex:
Central
Heating:
Baseboard, Gas, Hot Water
Cooling:
None
Basement:
Full
Parking:
11-car
Est. Taxes:
$9,710
Assessment
$405,900
Permitted Use
Multi-Family
Utilities
Electricity Available,Natural Gas Connected,Sewer Connected
Amenities:
Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Street Lights, Sidewalks
Days on Market:
38
MLS #:
1380193
Community Info
School Info
Walk Score
Mass Transit
Yelp
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