118 Spruce st, Providence, RI
Multi-family for Sale - $950,000 - 10,000 Sq. Ft. on 0.08 acres
Property Info
| CIMLS# | 120632 |
| Location 118 Spruce st Providence RI 02909 | |
| Updated | January 3rd, 2012 |
| Type | Multi-family |
| Price | $950,000 |
| Building | 10,000 Sq. Ft. |
| Land | 0.08 acres |
Property Description
14 Units consisting of ten 2BR, two 1BR,one 4BR, one 3BR. Has a laundry facility, fully fire coded, and fully occupied. Close to colleges, downcity, highway access, and to all amenities.
Financials
Cap Rate 8.1%
ROI 8.5%
Income Multiplier 8.7%
