Log In/Sign Up
Your email has been sent.
3 Studio Apartments and a Home on One Lot 42-44 E Transit St 3 Unit Apartment Building $1,250,000 ($416,667/Unit) 5.84% Cap Rate Providence, RI 02906
Executive Summary
Four units, to include 3 studios in one building and a 4Br house.
Fully rented in Fox Point near Brown University, Rhode Island School of Design, and the compelling shopping and restaurants of Wayland Square.
Fully rented in Fox Point near Brown University, Rhode Island School of Design, and the compelling shopping and restaurants of Wayland Square.
Property Facts
| Price | $1,250,000 | Building Class | C |
| Price Per Unit | $416,667 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 2,000 SF |
| Cap Rate | 5.84% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | ||
| Zoning | R-2 | ||
| Price | $1,250,000 |
| Price Per Unit | $416,667 |
| Sale Type | Investment |
| Cap Rate | 5.84% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | R-2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | 650 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | PROV-170393-000000-000000 | Improvements Assessment | $408,800 |
| Land Assessment | $316,000 | Total Assessment | $724,800 |
Property Taxes
Parcel Number
PROV-170393-000000-000000
Land Assessment
$316,000
Improvements Assessment
$408,800
Total Assessment
$724,800
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
3 Studio Apartments and a Home on One Lot | 42-44 E Transit St