UPDATED:
12/27/2024 05:32 AM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,470 sqft
Price per Sqft $252
Subdivision Elmwood
MLS Listing ID 1374743
HOA Y/N No
Abv Grd Liv Area 3,470
Year Built 1900
Annual Tax Amount $16,241
Tax Year 2024
Lot Size 0.385 Acres
Property Description
Here's your chance to add to your portfolio or begin your investment journey. Originally the Edwin Turner mansion, this 1880 Italianate is an 8 unit building in the heart of historic Elmwood. The property is a mix of studio apartments, 2 room efficiencies and one bedroom units - each unit with its own mini-split system for heat and A/C. There is a third floor that has roughed rooms but has never been developed. This could be an opportunity to add an ADU. And then there's the land, and there's a lot of it. With an over 16,000 sq ft lot the new owner has potential to work with the City to explore future development. The property has long term tenants with 6 on a month to month lease and 2 on a yearly rotation. Please reach out to the listing agent for additional information. All showings will be arranged as group showings for ease to the tenants. This is one to see!
Location
State RI
County Providence
Community Elmwood
Zoning R3
Rooms
Basement Full
Interior
Heating Forced Air, Individual, Other
Cooling Ductless, 1 Unit
Furnishings Unfurnished
Laundry Common Area
Exterior
Community Features Near Hospital, Near Schools, Public Transportation, Restaurant
Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected
Total Parking Spaces 12
Building
Lot Description Historic District
Story 2
Foundation Combination
Sewer Connected, Sanitary
Water Connected, Public
Level or Stories 2
New Construction No
Others
Tax ID 38MAWNEYSTPROV
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