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1 Greystone Ave
North Providence, RI 02911
1 & 2-4 Greystone Ave · Multifamily Property For Sale
·
9 Units
Executive Summary
Strong performing investment opportunity featuring two income-producing properties in a highly desirable rental location between Waterman Avenue and Putnam Pike near Centredale in North Providence. The properties benefit from excellent access to Route 44 and I-295 and are located near the new Amazon distribution center currently under development, adding long-term demand to the area. With low vacancy and immediate cash flow, this is an ideal opportunity for investors seeking stable returns with additional upside.
Property Highlights
? Consistent income with positive cash flow from day one
?? Prime North Providence location near Centredale
?? Convenient access to Route 44 & I-295
?? Close proximity to the new Amazon distribution center
?? 1 Greystone Street: 9-unit multifamily with a mix of 1- and 3-bedroom units
?? Ample on-site assigned parking
?? Coin-operated laundry facility in the basement
? Several units recently upgraded commanding market rents
?? 2–4 Greystone Street: Duplex with two 3-bedroom / 1-bath units
?? Unit 2 Greystone recently fully renovated with new flooring, tile, lighting, countertops, and in-unit washer/dryer
?? Opportunity to increase rents further as units turn over and upgrades continue
A rare investment opportunity combining stable in-place income, recent renovations, and future rent growth potential in a strong rental market.
Property Highlights
? Consistent income with positive cash flow from day one
?? Prime North Providence location near Centredale
?? Convenient access to Route 44 & I-295
?? Close proximity to the new Amazon distribution center
?? 1 Greystone Street: 9-unit multifamily with a mix of 1- and 3-bedroom units
?? Ample on-site assigned parking
?? Coin-operated laundry facility in the basement
? Several units recently upgraded commanding market rents
?? 2–4 Greystone Street: Duplex with two 3-bedroom / 1-bath units
?? Unit 2 Greystone recently fully renovated with new flooring, tile, lighting, countertops, and in-unit washer/dryer
?? Opportunity to increase rents further as units turn over and upgrades continue
A rare investment opportunity combining stable in-place income, recent renovations, and future rent growth potential in a strong rental market.
Property Facts
| Price Per Unit | $317,408 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| No. Units | 9 | Building Size | 7,065 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Low-Rise | ||
| Zoning | MG - Manufacturing | ||
| Price Per Unit | $317,408 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 7,065 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | MG - Manufacturing |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
Property Taxes
| Parcel Number | NPRO-000020-000000-000621 | Improvements Assessment | $1,207,692 CAD |
| Land Assessment | $176,025 CAD | Total Assessment | $1,383,717 CAD |
Property Taxes
Parcel Number
NPRO-000020-000000-000621
Land Assessment
$176,025 CAD
Improvements Assessment
$1,207,692 CAD
Total Assessment
$1,383,717 CAD
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