25 Jillson St - Apartments FOR SALE


Providence, RI 02905- Washington Park
$1,025,000 USD
781-776-4000
25 Jillson St, Providence, RI for Sale
$1,025,000 USD
Apartments - FOR SALE
1/17
null | 7.33% Cap Rate

25 Jillson St
Providence, RI 02905
Washington Park


HIGHLIGHTS

  • Downtown Location & Access to Amenities
  • Transit Oriented Location
  • Proximity to Local Colleges
  • Housing Demand
  • Separate Utilities
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of the multifamily investment property located at 25 Jillson Street in Providence, Rhode Island (the “Property”). The Property consists of a three-story multi-family building and contains eight (8) residential units comprised of two (2), Studio units and six (6), 1-Bedroom/1-Bathroom units with 4,480 square feet of living area in 5,631 gross square feet on a 0.18-acre parcel of land. The well-maintained property has updated common areas, laundry located in the basement, and a newer roof. The Property also features eight (8) off-street parking spaces and a detached 3-bay garage. Centrally located in the Washington Park neighborhood of Providence, 25 Jillson Street is one block from Broad Street and Eddy Street and is convenient to Interstate 95, and US Routes 1 and 1A. The Property is a short walk from Roger Williams Park (as well as the Zoo and Botanical Center) and is 2-miles from Providence’s Central Business District. The Property offers convenient access to dining, retail, and nightlife options, and several colleges and universities. The Property is also 2.8 miles from the Providence Train Station (Amtrak, Acela & the MBTA’s Providence/ Stoughton Line). Adding to the area’s appeal is the proximity to a robust employment market, local and national retailers and restaurants, and major roadways. 25 Jillson Street offers the opportunity to acquire a well-located asset in one of the strongest real estate markets in a region that is poised for future growth.

FOR SALE DETAILS

PRICE

$1,025,000 USD

PRICE/SF

$182 USD /SF

# OF UNITS

8

PRICE/UNIT

$128,125

CAP RATE

7.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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