122 Lowell Ave - Apartments FOR SALE


Providence, RI 02909- Silver Lake
$1,350,000 USD
508-726-3492
122 Lowell Ave, Providence, RI for Sale
$1,350,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

122 Lowell Ave
Providence, RI 02909
Silver Lake


HIGHLIGHTS

  • Unit mix of four 1-bedroom and four 2-bedroom apartments
  • Huge parking lot for about 28 cars
  • Nearby Rhode Island Hospital, Hasbro Children’s Hospital, Providence College, Rhode Island College, Johnson & Wales University

OVERVIEW

Well-maintained 8-unit multifamily property in a prime Providence location offering a strong investment opportunity. The building features a desirable unit mix of four 1-bedroom and four 2-bedroom apartments, appealing to a wide range of tenants. Huge parking lot for about 28 cars. Ideally situated with convenient access to shopping, dining, and everyday essentials, the property is just minutes from the vibrant neighborhoods of Federal Hill and Olneyville, known for their diverse restaurants, cafes, and local businesses. Downtown Providence is a short drive away, providing entertainment, nightlife, and cultural attractions. Commuters will appreciate easy access to Route 6 and Interstate 95. The property is also close to Rhode Island Hospital and Hasbro Children’s Hospital, as well as major educational institutions including Providence College, Rhode Island College, and Johnson & Wales University. Nearby parks such as Donigian and Merino Park offer outdoor recreation. Easy access to public transportation and T.F. Green Airport adds to the property’s appeal.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$129 USD /SF

# OF UNITS

8

PRICE/UNIT

$168,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lowell Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R-3

APN/PARCEL ID

PROV-001120-000237-000000

ASK ABOUT THIS PROPERTY

Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

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Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.