$625,000
$649,900
3.8%For more information regarding the value of a property, please contact us for a free consultation.
25 Piedmont ST Providence, RI 02909
6 Beds
3 Baths
5,212 SqFt
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,212 sqft
Price per Sqft $119
Subdivision Federal Hill
MLS Listing ID 1262710
Sold Date 11/22/21
Bedrooms 6
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 5,212
Year Built 1910
Annual Tax Amount $8,815
Tax Year 2019
Lot Size 7,405 Sqft
Acres 0.17
Property Description
A very unique redevelopment opportunity? Investors and Builders take note !
This listing is one of Federal Hills largest lots consisting of 7405 sq. ft. this long time family-owned 3 family has been renovated and in good shape. On the property is a 2 car garage along with a 938 sq. ft. annex building that has additional 3 garage stalls and 2 floors of storage.
Also included is an adjacent lot on Marcello St that, this vacant lot is currently used as a parking lot for local residents that pay $150 a month per space which is estimated to have 10 car parking.
This is an outstanding opportunity to own a 3 family and house your business in the adjacent barn/annex building.
Seller will work with someone to cooperate with new buyers to obtain the required zoning to do a new redevelopment project.
Ideal Project or Highest and best Use would be tear down the existing building and build a newer larger multi-family building that will be on the Piedmont/Marcello parcels.
Location
State RI
County Providence
Community Federal Hill
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Interior Features Cable TV
Heating Baseboard, Gas, Individual
Cooling None
Flooring Hardwood
Fireplaces Type None
Fireplace No
Appliance Gas Water Heater, Oven, Range, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Paved Driveway
Parking Features Detached
Garage Spaces 5.0
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
Utilities Available Sewer Connected
Total Parking Spaces 46
Garage Yes
Building
Lot Description Multiple lots
Sewer Connected
Water Connected, Multiple Meters
Additional Building Outbuilding
Structure Type Plaster,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 25PIEDMONTSTPROV
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Bought with Coldwell Banker Realty