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314 Angell St 9 Unit Apartment Building $3,150,000 ($350,000/Unit) 6.45% Cap Rate Providence, RI 02906
EXECUTIVE SUMMARY
8 Multi-family apartments at Brown University in a restored historic building with stunning architectural details.
New sprinkler fire suppression system, new fire alarm system, new circuit breakers and updated electrical systems, updated kitchens and baths.
Accessory Dwelling Unit approved for 2 Bedroom and 2 Bath apartment where there is now a garage.
Large lot and parking. College Hill, East Side of Providence
New sprinkler fire suppression system, new fire alarm system, new circuit breakers and updated electrical systems, updated kitchens and baths.
Accessory Dwelling Unit approved for 2 Bedroom and 2 Bath apartment where there is now a garage.
Large lot and parking. College Hill, East Side of Providence
PROPERTY FACTS
| Price | $3,150,000 | Building Class | C |
| Price Per Unit | $350,000 | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 11,730 SF |
| Cap Rate | 6.45% | No. Stories | 3 |
| No. Units | 9 | Year Built | 1928 |
| Property Type | Multifamily | Parking Ratio | 0.77/1,000 SF |
| Property Subtype | Apartment | Cross Streets | Stimson Ave |
| Apartment Style | Low-Rise | ||
| Zoning | R1 - Historic, RP | ||
| Price | $3,150,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 6.45% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 11,730 SF |
| No. Stories | 3 |
| Year Built | 1928 |
| Parking Ratio | 0.77/1,000 SF |
| Cross Streets | Stimson Ave |
| Zoning | R1 - Historic, RP |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | - |
1 1
Walk Score®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | PROV-110013-000000-000000 | Improvements Assessment | $1,338,800 |
| Land Assessment | $369,000 | Total Assessment | $1,707,800 |
PROPERTY TAXES
Parcel Number
PROV-110013-000000-000000
Land Assessment
$369,000
Improvements Assessment
$1,338,800
Total Assessment
$1,707,800
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314 Angell St
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