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    378 Elmwood Avenue

    Providence, RI 02907
    • $1,200,000
    • STATUS: Active
    • ON SITE: 70 days
    • MLS #: 1274472
    $1,200,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1897
    County:
    Area:

    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 The Martone Group | RE/MAX Properties 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 The Martone Group | RE/MAX Properties. 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: 2021-04-10T23:37:44.823.
    www.martonegroup.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 ConnectedMunicipal UtilitiesPhone AvailableWater ConnectedSewer Connected Water Source Connected 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 The Martone Group | RE/MAX Properties 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 The Martone Group | RE/MAX Properties. 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: 2021-04-10T23:37:44.823.
     
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    The Martone Group | RE/MAX Properties
    696 Douglas Pike
    Smithfield RI, 02917