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3 Studio Apartments and a Home on One Lot 42-44 E Transit St 3 Unit Apartment Building $1,770,600 CAD ($590,200 CAD/Unit) 5.84% 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 | $1,770,600 CAD | Building Class | C |
| Price Per Unit | $590,200 CAD | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 2,000 SF |
| Cap Rate | 5.84% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | ||
| Zoning | R-2 | ||
| Price | $1,770,600 CAD |
| Price Per Unit | $590,200 CAD |
| Sale Type | Investment |
| Cap Rate | 5.84% |
| 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 | $580,455 CAD |
| Land Assessment | $448,688 CAD | Total Assessment | $1,029,143 CAD |
Property Taxes
Parcel Number
PROV-170393-000000-000000
Land Assessment
$448,688 CAD
Improvements Assessment
$580,455 CAD
Total Assessment
$1,029,143 CAD
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3 Studio Apartments and a Home on One Lot | 42-44 E Transit St
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