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Two-Building Multifamily Property
For Sale
Contact for pricing
Pending

552 - 552r Union Av, Providence, RI 02909

Two buildings totaling six fully occupied units with month-to-month tenants and gross rent of $5,948 per month.

Property SizeContact for details
Days on Market137

Property Features for 552 - 552r Union Av

General Information

Standard status Pending
Property subtype Special Purpose
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: Century 21 The Seyboth Team
Listed By: Kyle Seyboth · License #RI, MA
Source: Crexi
Added: Apr 12 Changed: Aug 22 Last Checked: Aug 25 at 12:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 The Seyboth Team

Investment Insights

Based on property information with market context.

This multifamily offering includes two buildings with a total of six units, all currently occupied. The property’s tenants are on month-to-month terms, and the reported gross rental income is $5,948 per month.

Located in the heart of Silver Lake, the buildings offer easy access to major highways, as well as nearby restaurants and other amenities.

The opportunity is structured around a small, fully leased portfolio with month-to-month occupancy, providing immediate rental income while keeping tenancy terms flexible.

Key Highlights

  • Two‑building multifamily property with 6 units total
  • All units are fully occupied with month‑to‑month tenants
  • Gross rental income of $5,948 per month

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

723
Businesses Nearby

Demographics for 02909, RI

46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two buildings totaling six fully occupied units with month-to-month tenants and gross rent of $5,948 per month.
Where is this apartment building located?
The property is located at 552 - 552r Union Av Providence, RI.
What are key features of this property?
This property features: Two‑building multifamily property with 6 units total; All units are fully occupied with month‑to‑month tenants; Gross rental income of $5,948 per month
(508) 726-3492 Call to check price and availability
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