169 Waterman ST, Providence, RI 02906

$1,650,000  |  Commercial/Business  |  Apartment  |  MLS # 1365272

Rare opportunity to own a 7 unit apartment building (zoned for 6) in the heart of College Hill/Wayland neighborhoods. Quick walk (4 blocks) to Brown Campus and Thayer Street make this a high demand location. Currently used as cooperative housing with 5 units rented well below market and 2 vacant units. All leases expire in August 2024. Opportunity awaits to reposition this investment property-choose your own tenants and set your own rents! Each unit has its own gas meter and boiler. Gas fired hot water tanks are on a house meter. 1 electric meter. Small laundry room on site in basement for Tenants. Hardwood floors and fireplaces give these apartments charm. Vinyl siding and replacement windows allow for easier upkeep. Parking for up to 7 cars on property plus street parking available. Fire code compliant.


Location
City Providence
Historic None
Near Bus, Commuter Bus, Private School, Restaurants, Schools, Shopping
Interior
Living Area 0 Sq.Ft.
Cooling None
Electric Circuit Breaker
Basement Type Full
FurnishedNo
Exterior
Foundation Type Brick, Stone
Parking Spaces 7
Sewer Connected
Additional Information
Assessment $986,000
Assessor Lot 553
Assessor Plat 14
Building Levels 3
Water Supply Connected
Zoning R-3

Listing Office: RE/MAX Professionals
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2016 State-Wide Multiple Listing Service. All rights reserved.

Information is deemed reliable but is not guaranteed

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.