196 Waterman Street
196 Waterman Street
196 Waterman Street
196 Waterman Street
196 Waterman Street
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196 Waterman Street
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Courtesy of Mott & Chace Sotheby's Intl.
Sold

196 Waterman Street

196 Waterman Street, Providence, RI 02906

$1,005,000
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.

4
beds

4
baths

5,584 Sq.Ft. LIVING AREA

5,227 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms4
  • full bathrooms3
  • half bathroom1
  • Laundry room Common Area
  • Flooring Carpet, Hardwood, Vinyl
  • Fireplace Masonry
  • APPLIANCES Gas Water Heater, Oven, Range, Refrigerator

Area & Lot

  • Status Sold
  • Date Sold June 9, 2022
  • Living Area5,584 Sq.Ft.
  • Lot Area5,227 Sq.Ft.
  • MLS® ID1308572
  • TypeMulti-Family
  • YEAR BUILT1900

Exterior

  • STORIES3
  • water SourceConnected, Public
  • utilitiesSewer Connected
  • lot featuresPaved
  • parkingNo Garage
  • HEAT TYPEForced Air, Gas
  • AIR CONDITIONINGCentral Air
  • sewerConnected, Public Sewer
  • SubstructureCombination
  • other exterior FeaturesPaved Driveway

Financial

  • Sales Price$1,005,000
  • Real Estate Tax $20,383/yr
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Contact Details

Robert Rutley

Phone

(401) 601-0446

Email

[email protected]

Address

100 Exchange Street Providence, RI 02903

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