191-199 Dexter, Providence, RI 02907
- $2,750,000
- 18
- BA
- 10,623
- SqFt
- List Price
- $2,750,000
- Status
- NEW
- MLS#
- 73580212
- Bathrooms
- 18
- Living Area
- 10,623
- Lot Size (Acres)
- 0.32
- Year Built
- 1900
Property Description
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.
Additional Information
- Taxes
- $37,067
Mortgage Calculator
Listing courtesy of Listing Agent: Joy Riley from Listing Office: Westcott Properties.
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