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Multifamily Investment Opportunity
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1 Greystone Ave, North Providence, RI 02911

Eleven residential units on 18,643 SF of land.

Property SizeContact for details
Lot Size0.43 Acres
Days on Market1021

Property Features for 1 Greystone Ave

General Information

Standard status Active
Class C
Total Parking Spaces 20
Lot size 0.43 Acres
Property subtype Multifamily
Zoning MG

Building Details

Stories 3
Units 11
Listing Agency: Sweeney Real Estate
Listed By: Thomas Sweeney · License #RI
Source: Crexi
Added: Oct 27, 2023 Changed: Aug 11 Last Checked: May 12 at 8:03PM

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 Sweeney Real Estate

Investment Insights

Based on property information with market context.

This multifamily portfolio investment features eleven residential units situated on approximately 18,643 square feet of land. The property consists of two buildings. The first building contains nine units, including five one-bedroom, one-bathroom units and four three-bedroom, one-bathroom units. The second building offers two units, each with three bedrooms and one bathroom. The property provides over 20 parking spaces and is located along a bus line. It is also within walking distance of the Woonasquatucket River and a cricket field.

Key Highlights

  • Eleven (11) Residential Units
  • Multi‑Family Portfolio Investment
  • 20+ Parking Spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market Florist

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

Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby

Demographics for 02911, RI

16,384
Population
6,894
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
6,554
Density / Sq Mi
$85,803
Median Household Income
$53,209
Median Earnings
$1,480
Median Rent
$319,300
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 - Eleven residential units on 18,643 SF of land.
Where is this apartment building located?
The property is located at 1 Greystone Ave North Providence, RI.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Eleven (11) Residential Units; Multi‑Family Portfolio Investment; 20+ Parking Spaces
(401) 331-9300 Call to check price and availability
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