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202-204 Chapin Ave 6 Unit Apartment Building $1,598,155 CAD ($266,359 CAD/Unit) 7.49% Cap Rate Providence, RI 02909
Executive Summary
6 Unit Apartment Building
Renovated
Asking 7.5% CAP Rate on existing rent
Room to increase rents to market rent
Renovated
Asking 7.5% CAP Rate on existing rent
Room to increase rents to market rent
Property Facts
| Price | $1,598,155 CAD | Building Class | C |
| Price Per Unit | $266,359 CAD | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 6,563 SF |
| Cap Rate | 7.49% | No. Stories | 3 |
| No. Units | 6 | Year Built/Renovated | 1930/2025 |
| Property Type | Multifamily | Parking Ratio | 1.22/1,000 SF |
| Property Subtype | Apartment | Cross Streets | Service Rd 1 |
| Apartment Style | Low-Rise | ||
| Zoning | R3 | ||
| Price | $1,598,155 CAD |
| Price Per Unit | $266,359 CAD |
| Sale Type | Investment |
| Cap Rate | 7.49% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 6,563 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1930/2025 |
| Parking Ratio | 1.22/1,000 SF |
| Cross Streets | Service Rd 1 |
| 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 |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | PROV-370259-000000-000000 | Improvements Assessment | $830,104 CAD |
| Land Assessment | $0 CAD | Total Assessment | $830,104 CAD |
Property Taxes
Parcel Number
PROV-370259-000000-000000
Land Assessment
$0 CAD
Improvements Assessment
$830,104 CAD
Total Assessment
$830,104 CAD
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202-204 Chapin Ave
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