Listing Agency: Elite Commercial Realty i***@yahoo.com Show Phone

Listed By: Michael Alves · License #REC.0016995

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 3:56PM

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Investment Insights

Based on property information with market context.

This apartment property contains six units arranged as three two-bedroom residences and three three-bedroom residences. The building is described as being in B condition, providing a clear overview of its existing physical state.

The property is located at 818 Charles St in Providence, Rhode Island, on an oversized lot.

Key Highlights

• Six‑unit apartment property
• Three two‑bedroom units and three three‑bedroom units
• Building described as being in B condition

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Daycare Center Kitchen & Bath Showroom Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

678

Businesses Nearby

Explore this area Business Placement

Demographics for 02904, RI

31,542

Population

14,483

Households

2.2

Avg Household Size

41

Median Age

32%

College-Educated

88%

High-School Grad

5.2 sq mi

ZIP Area

6,066

Density / Sq Mi

$64,637

Median Household Income

$47,040

Median Earnings

$1,217

Median Rent

$302,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Balanced unit mix includes three two-bedroom and three three-bedroom residences.

Where is this apartment building located?

The property is located at 818 Charles St Providence, RI.

What are key features of this property?

This property features: Six‑unit apartment property; Three two‑bedroom units and three three‑bedroom units; Building described as being in B condition