606 River St Providence, RI 02908
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 606 River St
- Year built
- 1900
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional investment opportunity presents a portfolio of seven properties totaling 3,485 square feet located in Providence, Rhode Island. The package includes seven buildings, built in 1900, and situated at 606 River and several other addresses in the city. This unique offering provides a diverse mix of properties, presenting a strong potential for significant returns. Each property boasts a strong rental history, ensuring immediate income generation for the investor. The portfolio offers a versatile investment strategy, with a mix of property types and unit counts, ideal for expanding an existing portfolio or making a strategic entry into the Rhode Island commercial real estate market. The properties are well-maintained and located in desirable neighborhoods, offering both immediate income and long-term appreciation potential. This is a rare opportunity to acquire a diversified, income-producing real estate package, rarely seen on the market. The asking price for this entire portfolio is $5,577,000. The properties are sold as a single package. This is a truly unique opportunity for a savvy investor seeking a substantial and diversified portfolio in a thriving Rhode Island market. The properties are located in Providence County, RI, zip code 02908.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4359
- Latitude
- 41.838
