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.
MLS# | 1366201 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 1983 |
Days On Site | 36 |
Listing Provided By | Keller Williams Leading Edge | Riley White |
SQ Feet | 8,572 |
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Basement | Y |
Pool | Yes |
Story(s) | 3 |
Units | 2 |
Building(s) | 2 |
Acreage | 0.29 |
State | RI |
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County | Providence |
City | North Providence |
Zip Code | 02904 |
Area | Providence |
Listing VS Median (in 02904) | |
Price: $1,250,000 low | high Med: $379,000 SqFt: 8,572 low | high Med: 1,652 $ / SqFt: $146 low | high Med: $229 On Site: 36 low | high Med: 7.000000 |