191 Dexter Street, Providence, RI 02907
sale
$2,750,000
|
Other
Courtesy Of Westcott Properties Inc
Four buildings and 14 units anchor this Dexter Street assemblage in Providence's West End/Armory neighborhood, off Westminster Street near Cranston Street, offered together on two contiguous R-3 lots totaling 13,776 square feet (Map 31, Lots 142 and 143). The unit mix spans seven one-bedroom, six two-bedroom, and one four-bedroom apartment, for 23 bedrooms and 15 bathrooms in all, with each unit separately metered for heat, hot water, and electric. A two-car garage adds to ample off-street parking, with a dedicated space assigned to every unit, and lead certificates are on file across the portfolio. The portfolio is priced at a 6.0% cap rate on current income. Long-term ownership has kept rents meaningfully below market. Lead Certificates for all units; floor plans and 3D walk through available for most units.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Frame
- Floors: 3
- Heating System: Baseboard
- MLSID: 1421663
- Parking Spaces: 18
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