244 Bowen, Providence, RI, 02906

Rarely available for sale, 244 Bowen Street is a legal 12-Unit apartment building in the heart of Brown University. This building provides immediate scale for an investor, providing (8) 1 Bed/1Bath apartments and (4) Studio/1Bath apartments. Largely occupied by graduate and medical students at Brown University, this quiet and turn-key building offers an incredible location with upside to increase rents. 100% occupied each year. Recent improvements include a newer heating system, replaced plumbing stack, hot water tank, and many replacement windows. Vinyl siding ensures a low maintenance exterior. Unbeatable location for student housing

Residential Income
$2,850,000
Location
City/TownProvidence
CountyProvidence
Interior
Living Area6,313 sq. ft.
Rooms20
HeatingNatural Gas, Steam
CoolingWindow Unit(s)
Interior FeaturesPlumbing (Mixed)
Additional Information
Tax Assessment$1,524,700
Exterior
Acreage0.0813
Listed By: William Raveis Inspire

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