Financial
Distress signals
Property profile

189 Waterman St Providence, RI 02906

OFF-MARKET
Investment properties
Property ID
US76-0220817
4,339 SF 0.18 ac lot Built 1905
Last sale Oct 1996
Entity Owned Owner of record is a legal entity (LLC / corporation). 29-yr Hold Held for 29 years.
Saved · see the list in your Dashboard
Market Trends Soon

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$838k
Assessed land$326k
Assessed improvement$513k

Value estimate

· Sep 2026
$865k
$779k – $952k
CAP approach$945k
Sales comparison$576k

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?
R-P
The purpose of the R-P Residential Professional District is intended to preserve and enhance the residential integrity of select heavily ...
General categoryCOMMERCIAL
JurisdictionPROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service11.0
Kitchen & Bath10.3
Daycare Center10.2

Location

189 Waterman St Providence, RI 02906-4077
County assessor Recorded deeds · 1 transfer 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
193 Waterman, Providence, RI 02906-4064 $1,175,000 Dec 2025 4,614 SF
203 Governor, Providence, RI 02906-3221 $650,000 Jul 2023 3,981 SF
381 Angell, Providence, RI 02906-3214 $1,050,000 Dec 2022 4,507 SF
320 Angell, Providence, RI 02906 $1,725,000 Sep 2022 4,758 SF
117 Ives, Providence, RI 02906-3810 $899,900 Feb 2022 4,134 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 189 Waterman St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message