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1 Greystone Ave North Providence, RI 02911

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Eleven-unit apartment building, North Providence, RI.

Property Features for 1 Greystone Ave

General Information

Property type
Multifamily properties
Class
C

Building Details

Stories
3
Units
11

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Listing Contact
Thomas Sweeney
Thomas Sweeney

Listing Agency: Sweeney Real Estate &Appraisal Listing Agent: Thomas Sweeney

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional multifamily investment opportunity presents an 11-unit apartment building situated on a substantial 18,643 square foot lot in North Providence, Rhode Island. The property is zoned MG and boasts a total of 20+ parking spaces, a significant advantage for residents. The complex comprises two buildings. Building one houses nine units, a mix of five one-bedroom, one-bathroom units and four three-bedroom, one-bathroom units. Building two features two additional three-bedroom, one-bathroom units. This Class C property is conveniently located along a bus line, offering easy access to public transportation. Residents also enjoy proximity to the Woonasquatucket River and a local cricket field. The asking price for this eleven-unit portfolio is $1,595,000, representing a price per unit of $145,000. The three-story building presents a solid investment opportunity in a desirable location. The property's size and unit configuration provide a strong foundation for future growth and rental income. This is a rare opportunity to acquire a well-located multifamily property in a growing Rhode Island market. The property's convenient location and ample parking make it highly attractive to tenants.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
North Providence
County
Providence
State
Rhode Island
Longitude
-71.491448605145
Latitude
41.865789734466

FAQs

What type of property is this?
Multifamily property - Eleven-unit apartment building, North Providence, RI.
Where is this multifamily property 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: 11-unit multifamily investment opportunity in North Providence, RI.; Sits on an 18,643 sq ft lot with MG zoning and 20+ parking spaces.; Two buildings: nine units in one (five 1BR/1BA, four 3BR/1BA), and two 3BR/1BA units in the other.
(401) 331-9300 Call to check price and availability
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