Property profile

193 Waterman St Providence, RI 02906

OFF-MARKET
Investment properties
Property ID
US76-0096872
4,614 SF 0.21 ac lot Built 1900
Entity Owned
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 4,614 SF
Lot 0.21 ac (9,165 SF)
Zoning code R-3
APN PROV M:14 L:536
UPID US76-0096872

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Counselor
  • Psychotherapist

Location

193 Waterman St Providence, RI 02906-4064
Providence metro Census 3601 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.59M
CAP Approach CAP
$1.01M
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$1.30M

Owner & transaction history

since 2025
Last sale
$1.2M
6 recorded transactions
2025
$1.2M
2021
$900,000
2018
Price N/A
2017
$660,000
1998
$155,000
1969
Price N/A

Zoning & alternative use

R-3 · Providence, RI
Zoning description

The purpose of the R-3 Residential District is intended for higher density residential areas of detached single family, two family and three family residential development as well as rowhouse development, additionally, l…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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