$1,250,000
( $145.82Per Sq Foot )
 $6,710 est/mo Sourced by Back At You

862 Charles Street , North Providence, RI 02904

North Providence, RI 02904

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Description

Discover a unique investment opportunity with this well-maintained mixed-use property, offering both residential and commercial possibilities. Residential Component: Located on Charles Street, this property features a charming 2-family home with two renovated units. Each unit includes 2 bedrooms and has been updated to provide modern comforts. These ready-to-rent units are perfect for generating immediate rental income. Commercial Component: The second building on the property is a substantial 7,272 sqft masonry structure built in 1982. Zoned CV (Commercial Village), it offers a multitude of potential uses. Currently, the building is divided into three separate units, each with its own utilities, including three-phase electric, sewer, water, and gas. The building is equipped with an up-to-date fire alarm system and includes bathrooms in both common areas and private units, ensuring convenience for businesses and tenants alike. The well-maintained facility is ideal for running a business while benefiting from rental income from the residential units. This property presents a fantastic opportunity for investors or entrepreneurs seeking a versatile space with built-in income potential. Don't miss out on this exceptional chance to own a well-located, multi-use property with ample space and modern amenities.

Details

MLS#1366201
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1983
Days On Site36
Listing Provided ByKeller Williams Leading Edge | Riley White

Features

SQ Feet8,572
BasementY
PoolYes
Story(s)3
Units2
Building(s)2
Acreage0.29

Market Activity 02904

The information is being provided by Rhode Island Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Rhode Island Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateRI
CountyProvidence
CityNorth Providence
Zip Code02904
AreaProvidence
Listing VS Median (in 02904)
Price:
$1,250,000
low | high
Med:
$379,000
100% of Average
SqFt:
8,572
low | high
Med:
1,652
100% of Average
$ / SqFt:
$146
low | high
Med:
$229
7.326295399516% of Average
On Site:
36
low | high
Med:
7.000000
100% of Average
Sourced by Back At You
Listing Updated: August 25, 2024 at 12:46:33 AM PDT