Residential Properties Ltd. Brokers Sell Providence Multifamily For $1.7M
SOLD
$1,725,000
Rhode Island
See Similar DealsMultiFamily5,190 SF
Sold 09/10/2021
SOLD
Residential Properties Ltd. Brokers Sell Providence Multifamily For $1.7M
214 Olney Street, Providence, RI 02906, USA
See Similar DealsMultiFamily5,190 SF
Sold 09/10/2021
Summary
RHODE ISLAND
Asset Type:MultiFamily
Price Per Square Foot:$332
Total Square Footage:5,190 SF
Transaction Type:Sale
The multifamily property located at 214 Olney St in Providence, RI was recently sold for a price of $1,725,000. The property spans 5,190 square feet, resulting in a price per square foot of $332.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,725,000
- Address: 214 Olney St, Providence, RI
- Market: Providence, RI
- BROKERS: Jim DeRentis & Lynn Leffray McCall - Residential Properties Ltd.
Jim DeRentis and Lynn Leffray McCall from Residential Properties Ltd. were the brokers involved in the deal.
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)
$91,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,128.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,177.38
Annual Debt Service$98,128.56
Is there something missing? Send suggestions