CCertihomes
29 Elmwood Ave, Providence, RI 02907

$2,190,000

0 beds 0 baths Built 1960Active

About this home

This is for 29 Elmwood and 612 Hartford Street in Providence, it is for REAL ESTATE ONLY, Presently both properties are Leased by Same Tenant. Strong Tenants 4 years left on Present Lease and 2 5 year extensions with yearly Increases. This property is being offered with a Cap rate of over 8%. The tenants at this time would have to stay to have that business they bought a year ago, call for all Leases and rents. Check attachments. 29 Elmwood is 9500 sq/ft with basement 612 Hartford is 3395 sq/ft

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$16,439/mo

Real estate (PITI + HOA + PMI)
$14,505
Principal + interest$9,933
Property tax + insurance$3,751
PMI / 2nd mortgage$821
Utilities
$4,988
Heating + cooling$2,341
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$166
Car insurance + maintenance$166
Other (entertainment)
$140
$16,439/mo TLC
Budget$16,939/mo
Remaining after TLC$500/mo
Purchase price
$2,190,000
Down payment
$109,500 (5%)
Loan amount
$2,080,500
APR
4%

Quick facts

Type
COM
Style
Year built
1960
Lot size
0.13 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$16,157
MLS #
73207890
County
Providence

Neighborhood — 02907

MetricThis ZIPCountyUSA
Population26,4561,095,423299,088,112
Population Change Since199010.00%9.00%20.00%
Population Density10,349994
Male12,996529,266147,432,321
Female13,460566,157151,655,844
Never Married7,913266,40463,775,926
Married6,240435,678123,120,365
Separated1,86643,64212,639,686
Widowed1,14966,66815,467,586
Divorced1,99083,84323,075,029
Number Of House Hold8,552410,399111,826,380
Average House Hold Size3.042.562.60
Medial Age27.4437.2735.46
Median House Hold Income$25,619$47,553$48,276
Average House Hold Income$39,645$61,609$63,629
P C I$13,168$23,965$24,529
M D I$23,495$40,634$41,133
A T H E$37,534$49,940$50,898
S T R7.00%7.00%
W C J77.47%78.02%77.74%
(Zip) Code
2907

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 3/3/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.