Overview
- Updated On:
- September 10, 2024
Description
AMAZING OPPORTUNITY to own this SIX unit on Broadway! Located in the heart of Providence’s emerging historic zone! Located just off Federal Hill and a few minute’s walk to downtown Providence. Zoned comm/res. Fully occupied with great income. Units have their own utilities and bills. Off street parking. Laundry on site. Potential for future storage. Low maintenance. Close to all area colleges: Brown, JW, RIC, PC and RISD. Plus seconds from route 95, it’s a commuter’s dream! MUST have financing in place prior to showing, no exceptions. Call Right Now!
Address: 387 Broadway Way
City: Providence
Area: Broadway Federal Hill
State/County: Providence
Zip: 02903
Country: US
Open In Google Maps Property Id : 1266806
Price: $ 1,100,000
Basement: Full
Bridge Modification Timestamp: 2024-09-10T01:43:40.388Z
Building Area Total: 4695
Building Features: Laundry Room,Restrooms
Cap Rate: 8
Community Features: Bus,Commuter Bus,Highway Access,Hospital,Interstate,Public School,Railroad,Recreational Facilities,Restaurants,Schools,Shopping
Contract Status Change Date: 2024-08-20
Cooling: Window Unit(s)
Electric: Circuit Breakers
Electric Expense: 150
Foundation Details: Brick/Mortar
Gross Income: 105000
Heating: Electric Air Cleaner
Insurance Expense: 6800
Laundry Features: Common Area,In Building
List Agent Direct Phone: 401-263-5281
List Agent Email: tonylanniri@gmail.com
List Agent Full Name: Tony Lanni
Listing Contract Date: 2024-08-20
Listing Id: 1365679
Living Area Units: Square Feet
Lot Features: Paved,Sidewalks,Local Historic District,Free Standing,Historic,Urban
Lot Size Area: 5000
Lot Size Square Feet: 5000
Lot Size Units: Square Feet
Maintenance Expense: 500
Mls Status: Active
Modification Timestamp: 2024-09-10T01:40:58.117Z
Net Operating Income: 90000
Number Of Buildings: 1
Number of Units in Community: 0
Number of Units Total: 0
Occupant Type: Tenant
Original Entry Timestamp: 2024-08-20T17:10:20.943Z
Original List Price: 1100000
Owner Pays: Common Area Maintenance,Water
Parking Total: 4
Possible Use: Commercial,Investment,Medical/Dental,Mini-Storage,Mixed Use,Multi-Family,Office,Other,Residential,Multi 5Plus
Road Frontage Type: High Traffic,Municipal,Sidewalks,Street Lights
Road Surface Type: Blacktop
Sewer: Public
State or Province: RI
Status Change Timestamp: 2024-08-20T17:10:20.943Z
Street Name: Broadway
Street Number: 387
Street Suffix: Way
Structure Type: Apartment,Historic
Tax Annual Amount: 14335
Tax Year: 2024
Utilities: Electricity Connected,Gas Available,Municipal Water
Water Source: Connected,Private
Year Built: 1900
Other Features
Electrical Utility Available
Has Cooling System
Has Heating System
Property Attached
$ 4,264.92
per month- Principal and Interest
- Property Tax
- HOA fee
$ 4,264.92
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