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391 Waterman Avenue
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily asset listed for sale at $875,000
- Located at 391 Waterman Avenue in East Providence
- Rhode Island property situated near key metropolitan transit routes
- Strategic investment asset within an established residential neighborhood
- Property classification as a multifamily apartment building
What's Special
Priced at $875,000, this multifamily apartment building located at 391 Waterman Avenue presents a functional addition to an investment portfolio in East Providence, Rhode Island. Situated within a well-established residential corridor, the asset benefits from its accessibility to the broader Providence metropolitan area, which serves as a major economic and educational hub for the region. The property occupies a strategic position for investors looking to capitalize on the steady demand for rental housing in this suburban market. Apartment buildings of this nature are well-suited for long-term hold strategies, providing potential for consistent income generation and tenant retention. Its location in East Providence allows residents proximity to local amenities and major transit corridors, facilitating convenient commuting patterns. This asset provides a straightforward opportunity for parties seeking to expand their residential holdings within the Rhode Island market while leveraging the sustained interest in multifamily real estate throughout the state.
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