Four buildings and 14 units anchor this Dexter Street assemblage in Providence's West End/Armory neighborhood, off Westminster Street near Cranston Street, offered together on two contiguous R-3 lots totaling 13,776 square feet (Map 31, Lots 142 and 143). The unit mix spans seven one-bedroom, six two-bedroom, and one four-bedroom apartment, for 23 bedrooms and 15 bathrooms in all, with each unit separately metered for heat, hot water, and electric. A two-car garage adds to ample off-street parking, with a dedicated space assigned to every unit, and lead certificates are on file across the portfolio. The portfolio is priced at a 6.0% cap rate on current income. Long-term ownership has kept rents meaningfully below market. Lead Certificates for all units; floor plans and 3D walk through available for most units.
| Location | |
|---|---|
| City/Town | Providence |
| County | Providence |
| Community Features | Bus, Commuter Bus, Highway Access, Recreational Facilities, Restaurants, Schools, Outdoor Pool, Playground, Restaurant |
| Interior | |
|---|---|
| Living Area | 10,623 sq. ft. |
| Heating | Baseboard, Forced Water |
| Additional Information | |
|---|---|
| Tax Assessment | $1,424,500 |
| Zoning | R3 |
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