Financial
Distress signals
Property profile

226 Waterman St Providence, RI 02906

OFF-MARKET
Investment properties
Property ID
US76-0055044
3,633 SF 0.1 ac lot Built 1920
Last sale Aug 2025 · $1,075,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$664k
Assessed land$328k
Assessed improvement$336k

Value estimate

· Sep 2026
$375k
$338k – $413k
CAP approach$790k
Sales comparison$1.22M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$323/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$217 – $444
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The intent of the C-2 General Commercial District is intended for more intensive commercial uses and key commercial nodes, including larg...
General categoryCOMMERCIAL
JurisdictionPROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.0
Laundry Service11.0
Auto Parts Store10.0

Location

226 Waterman St Providence, RI 02906-4387
County assessor Recorded deeds · 3 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
217 Angell, Providence, RI 02906-2120 $4,863,773 Oct 2024 3,336 SF
203 Governor, Providence, RI 02906-3221 $650,000 Jul 2023 3,981 SF
196 Waterman, Providence, RI 02906-4071 $1,005,000 Apr 2023 3,444 SF
431 Lloyd, Providence, RI 02906-4546 $725,000 Jun 2022 3,621 SF
335 Ives, Providence, RI 02906-3927 $625,000 Jan 2022 3,384 SF
41 Seekonk, Providence, RI 02906 $1,475,000 Nov 2021 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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