Lincoln, RI 02865,1044 Smithfield Ave
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Lincoln, RI 02865,1044 Smithfield Ave
Lincoln, RI 02865,1044 Smithfield Ave
Lincoln, RI 02865,1044 Smithfield Ave
Lincoln, RI 02865,1044 Smithfield Ave

$250,000

Est. payment /mo

$299,900

16.6%
Est.Price: ?

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1044 Smithfield Ave Lincoln, RI 02865

2,029 SqFt

SOLD DATE : 03/09/2021

Key Details

Sold Price $250,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,029 sqft

Price per Sqft $123

MLS Listing ID 72768413

Sold Date 03/09/21

Year Built 1870

Annual Tax Amount $5,695

Tax Year 2020

Lot Size 10,890 Sqft

Acres 0.25

Property Description

Fabulous opportunity to own a mixed use building with spacious professional office on first floor and a 2-bedroom residential apartment on the second floor. Corner lot with 8-10 parking spaces (paved) for the office and an additional two private spaces for the apartment. Tenant has private entrance, yard and parking on the Hill Avenue side of building. Roof is 4 years old. Oil heat and central air on first floor (office) and gas heat on second floor (residential unit). Excellent and visible location near amenities and easy highway access nearby. Note: Per Town of Lincoln Zoning Officer, property may be returned to a two-unit multi-family use. However, per most lenders, converting it back to a residential two-unit use, initial financing will still require a commercial mortgage.

Location

State RI

County Providence

Zoning RG7

Direction Smithfield Avenue is RI Route 126. Property is located on the corner of Smithfield & Hill Avenues.

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available

Roof Type Shingle

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Listed by Residential Properties Ltd
Bought with Non Member • NextHome Ocean State Realty Group

Jeremy Bailey

Broker | License ID: RI, MA, CT

+1(401) 402-0289

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