65 Russo St - Apartments FOR SALE


Providence, RI 02904- Charles
$725,000 USD
401-575-1285
65 Russo St, Providence, RI for Sale
$725,000 USD
Apartments - FOR SALE
1/14
null | 8.73% Cap Rate

65 Russo St
Providence, RI 02904
Charles


OVERVIEW

Welcome to 65 Russo Street, a prime investment opportunity in a high-demand rental area. This fully occupied 6-unit residential building features all 2-bedroom, 1-bathroom units, generating over $8,000 in monthly rental income with solid long-term tenants in place. The property offers immediate cash flow and significant upside potential through value-add improvements and rental rate increases. Additionally, there is an exclusive opportunity to purchase an adjacent vacant lot—ideal for future development or added amenities (inquire for more details). Whether you're looking to expand your portfolio or enter a stable rental market with growth potential, 65 Russo Street checks all the boxes. Don't miss this chance to acquire a performing asset with room to scale. Can also be sold as a package with 21 Russo St.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

6

PRICE/UNIT

$120,833

CAP RATE

8.73%

% 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

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,357 SF

ZONING

R2

APN/PARCEL ID

PROV-980329-000000-000000

ASK ABOUT THIS PROPERTY

Riley WhiteKeller Williams RealtyMore Info
401-575-1285

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Riley WhiteKeller Williams RealtyMore Info
401-575-1285

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