41 Yale Ave - Apartments FOR SALE


Providence, RI 02908- Mount Pleasant
$790,000 USD
617-896-7236
41 Yale Ave, Providence, RI for Sale
$790,000 USD
Apartments - FOR SALE
1/33
null | 7.6% Cap Rate

41 Yale Ave
Providence, RI 02908
Mount Pleasant


OVERVIEW

Excellent investment opportunity. Upside in rents. Well maintained. 41 Yale Avenue is a turnkey six-unit building situated on a prominent corner lot. It features fully finished one-bedroom, one-bathroom apartments that are ready for continued income generation. The property stands out due to its strong potential for appreciation, supported by a solid estimated value and consistent market performance. The location benefits from excellent neighborhood stability, walk-ability, and proximity to employment centers and urban amenities.

FOR SALE DETAILS

PRICE

$790,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

6

PRICE/UNIT

$131,667

CAP RATE

7.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,071 SF

ZONING

R2

APN/PARCEL ID

PROV-640367-000000-000000

ASK ABOUT THIS PROPERTY

John CraigMarcus & MillichapMore Info
617-896-7236

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John CraigMarcus & MillichapMore Info
617-896-7236

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