Two-Building Multifamily
7-11 Pitman St Providence, RI 02906
For Sale
Contact for pricing
Pending
Two buildings with six total units, including five four-bedroom units and one five-bedroom, two-bath townhouse.
Days on Market104
Property Features for 7-11 Pitman St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
Keller Williams Realty Of Cent
(401) 261-8747
Listed By:
Jose Diaz · License #RES.0035354
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Jul 23 at 9:01AM
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 Keller Williams Realty Of Cent
Investment Insights
Based on property information with market context.
This sale includes two multifamily buildings offered together for a total of six units. The unit mix consists of five four-bedroom, one-bath units and one five-bedroom, two-bath spacious townhouse located on the third floor. Each unit was updated in 2017, including remodeled stainless steel kitchens and updated baths.
The properties are positioned on the East Side of Providence and are described as 100% occupied with a strong rental history. The offering includes off-street parking and two washer/dryers in each building, supporting convenient in-building laundry access for residents. The seller also references a gross income of approximately $217,000 annually and a yield based on a stated 7% cap rate.
The properties are positioned on the East Side of Providence and are described as 100% occupied with a strong rental history. The offering includes off-street parking and two washer/dryers in each building, supporting convenient in-building laundry access for residents. The seller also references a gross income of approximately $217,000 annually and a yield based on a stated 7% cap rate.
Key Highlights
- Two buildings sold together with 6 total units: five 4 bed/1 bath units and one 5 bed/2 bath third‑floor townhouse.
- Reported 7% cap rate with gross income of approximately $217,000 annually.
- 100% occupied with a documented rental history.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Two buildings with six total units, including five four-bedroom units and one five-bedroom, two-bath townhouse.
Where is this apartment building located?
The property is located at 7-11 Pitman St Providence, RI.
What are key features of this property?
This property features: Two buildings sold together with 6 total units: five 4 bed/1 bath units and one 5 bed/2 bath third‑floor townhouse.; Reported 7% cap rate with gross income of approximately $217,000 annually.; 100% occupied with a documented rental history.
