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3 Studio Apartments and 4 BR Home on One Lot 42-44 E Transit St 3 Unit Apartment Building $1,738,500 CAD ($579,500 CAD/Unit) 6.46% Cap Rate Providence, RI 02906
Executive Summary
Four units, to include 3 studios in one building and a 4Br house.
Fully rented in Fox Point near Brown University, Rhode Island School of Design, and the compelling shopping and restaurants of Wayland Square.
Fully rented in Fox Point near Brown University, Rhode Island School of Design, and the compelling shopping and restaurants of Wayland Square.
Property Facts
| Price | $1,738,500 CAD | Building Class | C |
| Price Per Unit | $579,500 CAD | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 2,000 SF |
| Cap Rate | 6.46% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | ||
| Zoning | R-2 | ||
| Price | $1,738,500 CAD |
| Price Per Unit | $579,500 CAD |
| Sale Type | Investment |
| Cap Rate | 6.46% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | R-2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | 650 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | PROV-170393-000000-000000 | Improvements Assessment | $568,559 CAD |
| Land Assessment | $439,493 CAD | Total Assessment | $1,008,052 CAD |
Property Taxes
Parcel Number
PROV-170393-000000-000000
Land Assessment
$439,493 CAD
Improvements Assessment
$568,559 CAD
Total Assessment
$1,008,052 CAD
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3 Studio Apartments and 4 BR Home on One Lot | 42-44 E Transit St
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