17 Ledge St - Apartments FOR SALE


Providence, RI 02904- Charles
$975,000 USD
401-742-0744
17 Ledge St, Providence, RI for Sale
$975,000 USD
Apartments - FOR SALE
1/52
null | 5.63% Cap Rate

17 Ledge St
Providence, RI 02904
Charles


HIGHLIGHTS

  • Great parking, Newer Roof
  • Owner Occupied Commercial building
  • Great floor plan and bedroom sizes, excellent build quality.

OVERVIEW

Exceptional 6-unit investment opportunity in Providence. Proposed Cap Rate of 11.06%, this Well Maintained owner occupied updated multi-family commercial residential property featuring a total of 13 bedrooms across six units. This income producing asset offers strong rental potential with an energy efficient heating system already in place, helping reduce operating costs. Situated on an oversized lot with ample parking for 15+ vehicles- an uncommon and highly desirable feature for tenants. Centrally located with convenient access to restaurants, shopping, public transportation, and major amenities, making it attractive for both tenants and investors alike. whether you're expanding portfolio or seeking a high-performing asset, this property delivers on location, functionality, and long-term value.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$129 USD /SF

# OF UNITS

6

PRICE/UNIT

$162,500

CAP RATE

5.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1870

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R3

APN/PARCEL ID

PROV-710597-000000-000000

ASK ABOUT THIS PROPERTY

Esther DenetteKeller Williams CoastalMore Info
401-742-0744

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Esther DenetteKeller Williams CoastalMore Info
401-742-0744

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