Search
Renovated 12-Unit Apartment Building
For Sale
Contact for pricing
Pending

50 common st, Providence, RI 02908

Updated multifamily property with upgraded electrical service, renovated interiors, and off-street parking.

Property SizeContact for details
Days on Market142

Property Features for 50 common st

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 3 x 1BR/large studio, 9 x studio
Multifamily Units 12

Additional Details

Highway Access Yes

Building Details

Buildings 1
Listing Agency: Longview Properties
Listed By: Jason Rizk · License #9579855
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 10:21PM

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 Longview Properties

Investment Insights

Based on property information with market context.

This 12-unit apartment building at 50 Common St. includes three 1-bedroom/large studio units and nine studio apartments. Completed improvements include upgraded electrical service, renovated common areas and unit interiors, new appliances, replacement windows, a camera system, and a master key system. The property also provides off-street parking, and the owner pays all utilities.

The building is positioned near I-95 and directly across from the Rhode Island State House in Providence. All units have been renovated and are fully rented, with low vacancy reported. The property’s configuration combines smaller studio accommodations with three larger 1-bedroom/large studio units.

Key Highlights

  • 12‑unit apartment building with three 1‑bedroom/large studio units and nine studio apartments
  • Renovations completed to common areas and unit interiors
  • Upgraded electrical service, new appliances, and new windows

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Catering Service Daycare Center Butcher

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

12
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,177
Businesses Nearby

Demographics for 02908, RI

38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with upgraded electrical service, renovated interiors, and off-street parking.
Where is this apartment building located?
The property is located at 50 common st Providence, RI.
What are key features of this property?
This property features: 12‑unit apartment building with three 1‑bedroom/large studio units and nine studio apartments; Renovations completed to common areas and unit interiors; Upgraded electrical service, new appliances, and new windows
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message