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68 Russo St
Providence, RI 02904
Multifamily Property For Sale
·
9 Units
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 5,898 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 1.7/1,000 SF |
| Zoning | R2 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,898 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | R2 |
ABOUT 68 RUSSO ST , PROVIDENCE, RI 02904
2 Buildings , 9 Units, Side by Side Lot Package for Sale. Impressive 9% Cap Rate, convenient north end location just off of I-95, and low maintenance. 68 Russo is a spacious 2 Family with many attractive qualities. First floor is a 2 bed 1 bath while 2nd unit is a townhouse style unit extending into 3rd floor with a total of 4 bedrooms and 2 baths. Plenty of off street parking, vinyl siding, monthly building income of $2,050. 70 Russo is 6 unit comprised of all 2 bedrooms plus a bonus studio unit with a monthly income of $5,600. Features of this building include, new roof, new boilers, fire coded, off Street parking and more. Total of 9033sqft gross living space between all 9 units & 2 buildings. Detail profit and loss statement attached.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
| 4+2 | 1 | - | - |
| Studios | 1 | - | - |
PROPERTY TAXES
| Parcel Number | PROV-980324-000000-000000 | Improvements Assessment | $593,000 |
| Land Assessment | $66,000 | Total Assessment | $659,000 |
PROPERTY TAXES
