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196 Waterman Street

Providence, RI 02906
  • $895,000
  • STATUS: Active Under Contract
  • ON SITE: 21 Days
  • MLS #: 1308752
Under Contract
UPDATED: 55 min ago
$895,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,039
    SQFT
  • $295
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

196 Waterman on the East Side of Providence, located in the Wayland Square neighborhood, is a four-unit building, currently housing a real estate company on the first floor, two psychiatry offices on the second floor and a two-bedroom residential apartment on the third floor. Gross rents equal $86,000 annually. (NOTE: The property is legally zoned for four residential apartments). Fully restored inside and out in 2006, this is a stunning example of turn-of-the-century architecture. The first floor has its own heating and cooling system, and the second and third floors share a system. Every unit has air-conditioning. All heating, cooling and hot water is included in the rents because there is one gas meter, but could be easily separated. All units are already separately metered for electric. There are five off-street parking spaces. All a short walk to shops, restaurants and cafes. Zero vacancy rate. A prize to own for the years to come.

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-05-20T12:37:53.423.
www.onshorerealtors.com/homes/128159550
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196 Waterman Street Providence, RI 02906

  • Price: $895,000
  • Status: Active Under Contract
  • On Site: 21 Days
  • Updated: 55 min ago
  • MLS #: 1308752
0
Beds
0
Baths
0
½ Baths
0.12
Acres
3,039
SQFT
$295
$/SQFT
1900
Built
Neighborhood:
Wayland
County:
Providence
Area:
Providence
Property Description
196 Waterman on the East Side of Providence, located in the Wayland Square neighborhood, is a four-unit building, currently housing a real estate company on the first floor, two psychiatry offices on the second floor and a two-bedroom residential apartment on the third floor. Gross rents equal $86,000 annually. (NOTE: The property is legally zoned for four residential apartments). Fully restored inside and out in 2006, this is a stunning example of turn-of-the-century architecture. The first floor has its own heating and cooling system, and the second and third floors share a system. Every unit has air-conditioning. All heating, cooling and hot water is included in the rents because there is one gas meter, but could be easily separated. All units are already separately metered for electric. There are five off-street parking spaces. All a short walk to shops, restaurants and cafes. Zero vacancy rate. A prize to own for the years to come.
Exterior Features

Foundation Details Combination Levels Three Or More Parking Total 5

Interior Features

Basement Full Basement YN Yes Cooling Central Air Furnished Unfurnished Heating Forced Air

Property Features

Business Type Mixed Community Features Highway AccessNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingSidewalks Electric 100 Amp Service Land Lease YN No Laundry Features Common Area Owner Pays Air ConditioningGasHot WaterSnow RemovalSewerTaxesWater Possible Use Multi-FamilyMixed UseResidential Property Sub Type Commercial Road Frontage Type City Street Sewer Connected Tax Annual Amount 20383 Tax Assessed Value 555400 Tax Lot 504 Tax Year 2021 Tenant Pays Electricity Utilities Electricity AvailableNatural Gas ConnectedSewer Connected Water Source Connected

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Mott & Chace Sotheby's Intl..





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-05-20T12:37:53.423.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891