65 America St 3 Unit Apartment Building $975,000 ($325,000/Unit) 8.09% Cap Rate Providence, RI 02903

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 65 America Street in the Federal Hill neighborhood of Providence, Rhode Island (the “Property”). The Property is comprised of a three-story building with three (3) residential units consisting of two (2) 3-Bedroom/1-Bathroom and one (1) 2-Bedroom/1-Bathroom with 4,350 square feet of living area in 5,948 square feet of total gross area on a 0.091-acre parcel. The Property is separately metered for electricity, gas fired heat, and gas fired hot water which the tenants pay directly. The Landlord is responsible for common area electric and domestic water and sewer. The Property includes three (3) off-street parking spaces. All of the units have been well-maintained and have been rewired (electric) and re-plumbed, and feature dishwashers, laundry in unit, granite countertops, stainless steel appliances, and basement storage. Centrally located in the Federal Hill neighborhood of Providence, 65 America Street is within a few blocks of Broadway and Westminster Street and is a short walk from Providence’s Central Business District. The Property offers convenient access to abundant dining, retail, and nightlife options, and several colleges and universities. The Property is also just 1.2 miles from the Providence Train Station (Amtrak, Acela & the MBTA’s Providence/Stoughton Line). Adding to the area’s appeal is the proximity to a robust employment market, local and national retailers and restaurants, and major roadways. 65 America Street offers the opportunity to acquire a well-located asset in one of the strongest real estate markets in a region that is poised for future growth.