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Investment Highlights

  • Fully leased, professionally maintained units
  • Prime locations near universities and transit
  • Ideal for long-term hold or 1031 exchange
  • Strong in-place income across diverse unit types
  • Turnkey condition with capital improvements

Executive Summary

Portfolio Includes:
College Hill, Providence – 5-unit condo portfolio totaling 7,481 SF with rents from $2,700–$4,500/month. Walking distance to Brown, RISD, and Downtown. Includes 3 parking spaces.

Highlights:
Fully leased, professionally maintained units
Strong in-place income across diverse unit types
Prime locations near universities and transit
Turnkey condition with capital improvements
Ideal for long-term hold or 1031 exchange

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income -
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Gross Rental Income
Annual -
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual -
Net Operating Income
Annual $99,999

Property Facts

Price $2,175,000
Price / SF $290.74 / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 7,481 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
178-184 Bowen St, 3rd Floor - Unit 8, Providence, RI 02906 Office Condo 1,880 SF 1885 -
178-184 Bowen St, 3rd Floor - Unit 16, Providence, RI 02906 Office Condo 1,870 SF 1885 -
178-184 Bowen St, 3rd Floor - Unit 5, Providence, RI 02906 Office Condo 1,616 SF 1885 -
178-184 Bowen St, 2nd Floor - Unit 7, Providence, RI 02906 Office Condo 1,100 SF 1885 -
178-184 Bowen St, 1st Floor - Unit 6, Providence, RI 02906 Office Condo 1,015 SF 1885 -
Show More > < Show Less
  • Listing ID: 36867507

  • Date on Market: 7/22/2025

  • Last Updated:

  • Address: Turnkey 5-Unit Office/Condo Portfolio, Providence, RI

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