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Listing Details

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MLS #
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School Ratings & Info

Description

Investors don't miss this one. Opportunity to own a very busy corner lot 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 and a three bed home. Yearly income over six figures as is.Call for more information.

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© 2021 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: 2021-09-16T23:48:57.63.
www.onshorerealtors.com/homes/113769126
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378 Elmwood Avenue Providence, RI 02907

  • Price: $1,200,000
  • Status: Active
  • MLS #: 1274472
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1897
Built
Neighborhood:
Elmwood
County:
Providence
Area:
Providence
Property Description
Investors don't miss this one. Opportunity to own a very busy corner lot 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 and a three bed home. Yearly income over six figures as is.Call for more information.
Exterior Features

Architectural Style Other Construction Materials BrickFrame Foundation Details Concrete PerimeterStone Levels Three Or More Parking Total 20

Interior Features

Basement Full Basement YN Yes Furnished Unfurnished Heating Forced Air

Property Features

Business Type Barber/BeautyMixed Community Features Highway AccessNear HospitalNear SchoolsPublic TransportationShoppingSidewalksHigh Traffic LocationStreet Lights Electric 200+ Amp Service Gross Income 110000 Land Lease YN No Operating Expense 0 Owner Pays SewerTaxesWater Possible Use InvestmentResidentialRetailSingle Family Property Sub Type Mixed Use Road Frontage Type City Street Security Features Fire AlarmFire EscapeSmoke Detector(S)Varies By Unit Sewer ConnectedSanitary Tax Annual Amount 26600 Tax Assessed Value 763800 Tax Lot 115 Tax Year 2020 Tenant Pays ElectricityGasHeatHot WaterTelephone Utilities Electricity AvailableNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer Connected Water Source ConnectedPublic Zoning C2

Listing information © 2021 State-Wide Multiple Listing Service.
Listing provided courtesy of Mott & Chace Sotheby's Intl..





© 2021 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: 2021-09-16T23:48:57.63.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891