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29526719
29526725

4 Locations

TM
RI RI 0044140, MA MA 100283 (+1)
NorthEast Private Client Group Newton
FS
MA: 149766
NorthEast Private Client Group Newton
Listed by NorthEast Private Client Group Newton
$3,600,000
152 days on market
Updated 152 days ago

The Federal Hill Collection

Details
Property Type Multifamily
Sub Type Apartment Building
Units 26
Cap Rate 6.75%
NOI $243,154
Pro-Forma Cap Rate 9.73%
Pro-Forma NOI $350,154

26-Unit Multifamily Portfolio | Providence, RI

Marketing description

Northeast Private Client Group is pleased to present the Federal Hill Portfolio located at four different addresses in RI. The portfolio consists of 26 residential apartment units.

133 Sutton St - Consists of six (6) two-bedroom, one bath units, each with approximately 1,000 SF of living space. Coin-operated laundry facilities on site, optional garage storage available. Positioned between Broadway & Atwells Ave.

140 Courtland St - Including six (6) two-bedroom units with approximately 800 SF of living space, modern kitchens & baths, laundry facilities & assigned off-street parking.

1509 Westminster St - Comprised of nine (9)-residential units, mix of studios and one-bedroom apartments with approximately 600 SF of living space each, ideal for professionals, students and urban renters. Units feature hardwood floors, off-street parking. Easy access to RIPTA transit routes, local parks, and the broader West End/Armory arts district.

401 Broadway - Built in 1900, five (5) unit residential apartments (including 1-, 2- and 3-bedroom units). Approximately 4,700+ SF of total building area on a well-sized lot with off-street parking and garage bays. Situated on one of Providence’s most prominent corridors, Broadway-Armory district

All interested parties will have the opportunity to tour the buildings during scheduled appointments and obtain additional information upon request.

Investment highlights

  • Four Buildings | 26 Residential Units

  • (10) Studios, (2) One-Bedrooms, (13) Two-Bedrooms & (1) Three-Bed

  • Off-Street Parking & Laundry Facilities

  • Immediate access to I-95, I-195, and Route 6

Listing Contacts

TM
RI RI 0044140, MA MA 100283 (+1)
NorthEast Private Client Group Newton
FS
MA: 149766
NorthEast Private Client Group Newton
Listed by NorthEast Private Client Group Newton

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$243,154.00
$20,262.83/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Zoning

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R-4 ResidentialMulti FamilyResidential District
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View all 127 uses
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Tim McGeary
License
RI 0044140
Title
Vice President, Investments
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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