Active with Contract

Listing Tools

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.

Property Details of 196 Waterman ST, Wayland

Property Details

Utilities and Appliances

Map Location

Driving Directions

Listed by The Blackstone Team of Mott & Chace Sotheby's Intl.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed.  ©  2022 State-Wide Multiple Listing Service. All rights reserved.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: