Property profile

612 Charles St Providence, RI 02904

OFF-MARKET
Investment properties
Property ID
US76-0019451
2,240 SF 0.07 ac lot Built 2005
Individually Owned 3-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,240 SF
Lot 0.07 ac (3,200 SF)
Zoning code C-2
APN PROV M:71 L:4
UPID US76-0019451

Cap rate & NOI

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

Location

612 Charles St Providence, RI 02904-1347
Providence metro Census 2900 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k

Owner & transaction history

since 2023
Last sale
$415,100
7 recorded transactions
2023
$415,100
2022
$349,900
2021
Price N/A
2020
Price N/A
2020
Price N/A
2019
$180,000
2013
$1

Zoning & alternative use

C-2 · Providence, RI
Zoning description

The intent of the C-2 General Commercial District is intended for more intensive commercial uses and key commercial nodes, including larger retail establishments

General category COMMERCIAL

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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