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Turnkey 5-Unit Office/Condo Portfolio 5 Office Condos Offered at $2,986,231 CAD in Providence, RI
Investment Highlights
- Fully leased, professionally maintained units
- Prime locations near universities and transit
- Ideal for long-term hold or 1031 exchange
- Strong in-place income across diverse unit types
- Turnkey condition with capital improvements
Executive Summary
Portfolio Includes:
College Hill, Providence – 5-unit condo portfolio totaling 7,481 SF with rents from $2,700–$4,500/month. Walking distance to Brown, RISD, and Downtown. Includes 3 parking spaces.
Highlights:
Fully leased, professionally maintained units
Strong in-place income across diverse unit types
Prime locations near universities and transit
Turnkey condition with capital improvements
Ideal for long-term hold or 1031 exchange
College Hill, Providence – 5-unit condo portfolio totaling 7,481 SF with rents from $2,700–$4,500/month. Walking distance to Brown, RISD, and Downtown. Includes 3 parking spaces.
Highlights:
Fully leased, professionally maintained units
Strong in-place income across diverse unit types
Prime locations near universities and transit
Turnkey condition with capital improvements
Ideal for long-term hold or 1031 exchange
Data Room Click Here to Access
- Operating and Financials
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $2,986,231 CAD | Status | Active |
| Price / SF | $399.18 CAD / SF | Number of Properties | 5 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 7,481 SF |
| Price | $2,986,231 CAD |
| Price / SF | $399.18 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 7,481 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 178-184 Bowen St, 3rd Floor - Unit 8, Providence, RI 02906 | Office Condo | 1,880 SF | 1885 | - |
| 178-184 Bowen St, 3rd Floor - Unit 16, Providence, RI 02906 | Office Condo | 1,870 SF | 1885 | - |
| 178-184 Bowen St, 3rd Floor - Unit 5, Providence, RI 02906 | Office Condo | 1,616 SF | 1885 | - |
| 178-184 Bowen St, 2nd Floor - Unit 7, Providence, RI 02906 | Office Condo | 1,100 SF | 1885 | - |
| 178-184 Bowen St, 1st Floor - Unit 6, Providence, RI 02906 | Office Condo | 1,015 SF | 1885 | - |
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Turnkey 5-Unit Office/Condo Portfolio
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