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669 Elmwood Ave 14 Unit Apartment Building $5,464,351 CAD ($390,311 CAD/Unit) 8.92% Cap Rate Providence, RI 02907

Apartment Buildings Rhode Island Providence 669 Elmwood Ave, Providence, RI 02907

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INVESTMENT HIGHLIGHTS

  • Mixed, residential lofts, office/studio, warehouse

EXECUTIVE SUMMARY

669 Elmwood Avenue, 68,561 square foot parcel improved with a circa 1900, two and three level masonry and timber mill. Currently divided into 14 residential lofts, 43,850 SF / 3 industrial/warehouse spaces 11,400 SF and 12 office/studios 8,330 SF currently netting $323,900. Lofts are over-sized can easily be subdivided.
643 Elmwood Avenue, 19,526 square foot lot zoned C-2, development potential for 30 residential units.

ATTACHMENTS

Marketing Brochure/Flyer

PROPERTY FACTS

Price $5,464,351 CAD Building Class C
Price Per Unit $390,311 CAD Lot Size 2.02 AC
Sale Type Investment Building Size 63,580 SF
Cap Rate 8.92% No. Stories 3
No. Units 14 Year Built 1900
Property Type Multifamily Parking Ratio 0.36/1,000 SF
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low-Rise
Zoning M1 - Industrial Zoned
Price $5,464,351 CAD
Price Per Unit $390,311 CAD
Sale Type Investment
Cap Rate 8.92%
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.02 AC
Building Size 63,580 SF
No. Stories 3
Year Built 1900
Parking Ratio 0.36/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning M1 - Industrial Zoned
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Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • PROV-520044-000000-000000
  • PROV-520370-000000-000000
 Improvements Assessment $1,626,998 CAD
Land Assessment $1,458,485 CAD Total Assessment $3,085,483 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • PROV-520044-000000-000000
  • PROV-520370-000000-000000
Land Assessment
$1,458,485 CAD
Improvements Assessment
$1,626,998 CAD
Total Assessment
$3,085,483 CAD
(401) 255-7704

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 37472777

  • Date on Market: 2025-08-29

  • Last Updated:

  • Address: 669 Elmwood Ave, Providence, RI 02907

The Elmwood Multifamily Property at 669 Elmwood Ave, Providence, RI 02907 is currently available. Contact Peter Scotti & Associates for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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669 Elmwood Ave
(401) 255-7704 x

669 Elmwood Ave

Peter Scotti
(401) 255-7704

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