Harry Verenis & John Horowitz Of Marcus & Millichap Sell Multifamily Property In North Providence, RI For $2.8M
SOLD
$2,805,000
Rhode Island
See Similar DealsMultiFamily10,716 SF
Sold 07/09/2020
SOLD
Harry Verenis & John Horowitz Of Marcus & Millichap Sell Multifamily Property In North Providence, RI For $2.8M
1 Talbot Street, North Providence, RI, USA
See Similar DealsMultiFamily10,716 SF
Sold 07/09/2020
Summary
RHODE ISLAND
Asset Type:MultiFamily
Price Per Square Foot:$261
Total Square Footage:10,716 SF
Transaction Type:Sale
Located at 1 Talbot Street in North Providence, RI, this multifamily property was recently sold. The transaction was facilitated by brokers Harry Verenis and John Horowitz from Marcus & Millichap. The property offers a total of 24 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,805,000
- Square Footage: 10,716
- Price per Square Foot: $262
- Price per Unit: $116,875
The brokers involved in this deal, Harry Verenis and John Horowitz from Marcus & Millichap, played a crucial role in the successful sale of this multifamily property located at 1 Talbot Street in North Providence, RI. Their expertise and experience in the market contributed to the completion of this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,965.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,297.13
Annual Debt Service$159,565.57
Is there something missing? Send suggestions