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17 Ledge St
Providence, RI 02904
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Great parking, Newer Roof
- Great floor plan and bedroom sizes, excellent build quality.
- Owner Occupied Commercial building
Executive Summary
Exceptional 6-unit investment opportunity in Providence. Proposed Cap Rate of 11.06%, this Well Maintained owner occupied updated multi-family commercial residential property featuring a total of 13 bedrooms across six units. This income producing asset offers strong rental potential with an energy efficient heating system already in place, helping reduce operating costs. Situated on an oversized lot with ample parking for 15+ vehicles- an uncommon and highly desirable feature for tenants. Centrally located with convenient access to restaurants, shopping, public transportation, and major amenities, making it attractive for both tenants and investors alike. whether you're expanding portfolio or seeking a high-performing asset, this property delivers on location, functionality, and long-term value.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Property Taxes
| Parcel Number | PROV-710597-000000-000000 | Improvements Assessment | $594,700 |
| Land Assessment | $66,000 | Total Assessment | $660,700 |
Property Taxes
Parcel Number
PROV-710597-000000-000000
Land Assessment
$66,000
Improvements Assessment
$594,700
Total Assessment
$660,700
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