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1582 Westminster St
Providence, RI 02909
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Stabilized 9-unit multifamily asset in a high-demand rental market.
- Ample off-street parking with garage space
- Desirable unit mix of 2-bedroom and 1-bedroom apartments
Executive Summary
LOCATION DESCRIPTION
1582 Westminster Street sits on a key commercial-residential corridor in
Providence’s West Side, an area seeing steady reinvestment and
population growth. With strong transit access, walkable amenities, and
quick connections to downtown and I-95.
1582 Westminster Street sits on a key commercial-residential corridor in
Providence’s West Side, an area seeing steady reinvestment and
population growth. With strong transit access, walkable amenities, and
quick connections to downtown and I-95.
Property Facts
| Price Per Unit | $277,728 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.36 AC |
| No. Units | 9 | Building Size | 6,926 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Low-Rise | Parking Ratio | 1.29/1,000 SF |
| Zoning | R3 | ||
| Price Per Unit | $277,728 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 6,926 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | - |
Property Taxes
| Parcel Number | PROV-350201-000000-000000 | Improvements Assessment | $1,462,617 CAD |
| Land Assessment | $135,592 CAD | Total Assessment | $1,598,210 CAD |
Property Taxes
Parcel Number
PROV-350201-000000-000000
Land Assessment
$135,592 CAD
Improvements Assessment
$1,462,617 CAD
Total Assessment
$1,598,210 CAD
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