Log In/Sign Up
Your email has been sent.
17 Ledge St 6 Unit Apartment Building $1,339,377 CAD ($223,230 CAD/Unit) 5.63% Cap Rate Providence, RI 02904



Investment Highlights
- Great parking, Newer Roof
- Great floor plan and bedroom sizes, excellent build quality.
- Owner Occupied Commercial building
Executive Summary
Exceptional 6-unit investment opportunity in Providence. Proposed Cap Rate of 11.06%, this Well Maintained owner occupied updated multi-family commercial residential property featuring a total of 13 bedrooms across six units. This income producing asset offers strong rental potential with an energy efficient heating system already in place, helping reduce operating costs. Situated on an oversized lot with ample parking for 15+ vehicles- an uncommon and highly desirable feature for tenants. Centrally located with convenient access to restaurants, shopping, public transportation, and major amenities, making it attractive for both tenants and investors alike. whether you're expanding portfolio or seeking a high-performing asset, this property delivers on location, functionality, and long-term value.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | PROV-710597-000000-000000 | Total Assessment | $907,617 CAD |
| Land Assessment | $90,666 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $816,951 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
PROV-710597-000000-000000
Land Assessment
$90,666 CAD
Improvements Assessment
$816,951 CAD
Total Assessment
$907,617 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 53
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
17 Ledge St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
