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331 Douglas Avenue

Providence, RI 02908
  • $1,774,800
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 1380573
Price Reduced
$1,774,800
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 700
    SQFT
  • $2,535
    $/SQFT
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

Prime Multi-Unit Investment Opportunity 9 Residential Units & 1 Commercial Space!! Presenting a rare opportunity to own a well-maintained multi-building property featuring **9 residential units** and **1 commercial space**, offering strong rental income potential. This unique property consists of a fully rebuilt Three-family with 3 bedrooms, 1 bath each unit, spacious layouts, and ample natural light. The Six-unit building has six 1-bedroom, 1-bath units and a stand alone Commercial space perfect for a retail shop, office, or small business, adding valuable mixed-use appeal. Situated in a convenient location with easy access to public transportation, shopping, and dining, highways, downtown and colleges. This property is a fantastic opportunity for investors looking for steady rental income and long-term appreciation.

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[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-04-22T23:37:35.873.
www.onshorerealtors.com/homes/161715433
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331 Douglas Avenue Providence, RI 02908

  • Price: $1,774,800
  • Status: Active
  • On Site: 33 Days
  • MLS #: 1380573
0
Beds
0
Baths
0
½ Baths
0.25
Acres
700
SQFT
$2,535
$/SQFT
1920
Built
County:
Providence
Area:
Providence
Property Description
Prime Multi-Unit Investment Opportunity 9 Residential Units & 1 Commercial Space!! Presenting a rare opportunity to own a well-maintained multi-building property featuring **9 residential units** and **1 commercial space**, offering strong rental income potential. This unique property consists of a fully rebuilt Three-family with 3 bedrooms, 1 bath each unit, spacious layouts, and ample natural light. The Six-unit building has six 1-bedroom, 1-bath units and a stand alone Commercial space perfect for a retail shop, office, or small business, adding valuable mixed-use appeal. Situated in a convenient location with easy access to public transportation, shopping, and dining, highways, downtown and colleges. This property is a fantastic opportunity for investors looking for steady rental income and long-term appreciation.
Exterior Features

Construction Materials Brick Frame Lot Features Corner Lot Parking Total 10

Interior Features

Heating Baseboard Hot Water Individual Space Heater Zoned Heating YN Yes

Property Features

Business Type Retail Community Features High Traffic Location Sidewalks Electric 100 Amp Service Circuit Breakers Human Modified YN Yes Land Lease YN No New Construction YN No Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Asphalt Sewer Connected Structure Type Apartment Tax Annual Amount 26411 Tax Assessed Value 1535300 Tax Lot 550597.604 Tax Year 2024 Utilities Natural Gas Connected Sewer Connected Water Source Connected

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of Mateus Realty: .



[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-04-22T23:37:35.873.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891