$950,000
$989,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
378 Elmwood AVE Providence, RI 02907
5,227 Sqft Lot
Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Elmwood
MLS Listing ID 1299626
Sold Date 08/01/22
HOA Y/N No
Year Built 1897
Annual Tax Amount $26,600
Tax Year 2021
Lot Size 5,227 Sqft
Property Description
Investors don't miss this one. Opportunity to own a fully rented set of very busy corner lots with multiple buildings, a vacant lot and a single family home, four parcels in total, all fully rented. Possibility to convert upper 2 stories of main building into residential condominiums. All rents are currently below market rate and many long term tenants. Substantial updating and renovations ongoing in main building. the entire parcel consists of 8 different businesses including a three bed home. Yearly almost six figures as is.
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Location
State RI
County Providence
Community Elmwood
Zoning C2
Rooms
Basement Full
Interior
Heating Forced Air
Furnishings Unfurnished
Exterior
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks, High Traffic Location, Street Lights
Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Phone Available, Water Connected, Sewer Connected
Total Parking Spaces 20
Building
Building Description Brick,Frame, Public Restrooms
Story 3
Foundation Concrete Perimeter, Stone
Sewer Connected, Sanitary
Water Connected, Public
Level or Stories 3
Structure Type Brick,Frame
New Construction No
Others
Tax ID 378380ELMWOODAVPROV
Security Features Fire Alarm,Fire Escape,Smoke Detector(s),Varies By Unit
Financing Conventional
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