Map
Listed price in listed location currency (USD).
$2,750,000

0018

MLS® 1421663

Overview

Key Facts

Type 
Levels Commercial Sale
Size 10623 sqft
Garage 
Taxes $37,067
Days Active 1
Lot Size 13776 SF
Approx. Age 1900
Avg. Price Per Sqft $258
MLS® Number 1421663

Property Address: 191 Dexter St, Providence, RI, 02907-2404

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1421663
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
Driveway
Garage Spaces
HeatBaseboard, Hot Water
A/C

Extras

Map

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