191-199 Dexter,Providence, RI 02907
Providence, RI 02907
Description
Four buildings and 14 units anchor this Dexter Street assemblage in Providence's West End/Armory neighborhood, off Westminster Street near Cranston Street, offered together on two contiguous R-3 lots totaling 13,776 square feet (Map 31, Lots 142 and 143). The unit mix spans seven one-bedroom, six two-bedroom, and one four-bedroom apartment, for 23 bedrooms and 15 bathrooms in all, with each unit separately metered for heat, hot water, and electric. A two-car garage adds to ample off-street parking, with a dedicated space assigned to every unit, and lead certificates are on file across the portfolio. The portfolio is priced at a 6.0% cap rate on current income. Long-term ownership has kept rents meaningfully below market. Lead Certificates for all units; floor plans and 3D walk through available for most units.
Details
| MLS # | 73580212 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 54 |
| Listing Provided By | Westcott Properties | Joy Riley |
Features
| Bath(s) | 18 |
|---|---|
| SQ Feet | 10,623 |
| Zoning | R3 |
| Acreage | 0.32 |
Taxes
| Tax Annual Amount | 37067 |
|---|---|
| Tax Year | 2025 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02907 |
| Area | Providence |
| Listing VS Median (in 02907) | |
Price: $2,750,000 low | high Med: $529,950 sqft: 10,623 low | high Med: 2,276 $ / sqft: $259 low | high Med: $252 On site: 54 low | high Med: 221.5 | |
Market Activity 02907
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Learn More About This Property
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02907 |
| Area | Providence |
| Listing VS Median (in 02907) | |
Price: $2,750,000 low | high Med: $529,950 sqft: 10,623 low | high Med: 2,276 $ / sqft: $259 low | high Med: $252 On site: 54 low | high Med: 221.5 | |