1186 Elmwood Avenue
Property Description
Great opportunity to purchase a mixed use property in Providence! This property consists of 2 commercial units and 3 residential units, the unit currently being rented as a studio apartment, could also be rented as a commercial unit. There is a 2 car garage with a small parking lot for about 7 vehicles. Newer windows, roof is approximately 5 years old, updated plumbing, updated electric and properly up-to-date with the fire safety system. Entire first floor has electric heat, the 2nd and 3rd floors have their own gas boiler. All floors have their own hot water heaters. The 2nd and 3rd floors have 2 bedrooms, but could also be used as a 3 bed. This property is fully rented. Seller has owned this property for over 25 years and has maintained it.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $649,900 |
| No. of Units: | 4 |
| Year Built: | 1900 |
| Lot Size: | 3,444.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $162,475 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-SWMLSRI-1428453
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
28 Armington Avenue
Providence, Rhode Island
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout