1358 Smith St - Apartments FOR SALE


North Providence, RI 02911
$879,000 USD
401-440-7483
1358 Smith St, North Providence, RI for Sale
$879,000 USD
Apartments - FOR SALE
1/54
null | Request Cap Rate

1358 Smith St
North Providence, RI 02911


HIGHLIGHTS

  • Stunning Victorian that's been meticulously updated and maintained
  • Adaptive Reuse
  • ADU potential

OVERVIEW

Impeccably maintained Victorian style mixed use property with several architectural additions. Potential Adaptive Reuse into 5 apartments and an Accessory Dwelling Unit. The first floor is ideal for one large or two residential apartments with central air. The second floor is a well-maintained, bright and sunny, spacious 5 room apartments including 2 bedrooms, an updated kitchen and bathroom, and ductless cooling. The 3rd floor features a 1-bed, 1.5-bath apartment with 3 skylights and a spectacular view of the City of Providence. A 2-story carriage house can be redeveloped into an Accessory Dwelling Unit. Ample off-street parking (as many as 21 spaces) with a heated cement ramp services the property. A younger roof, Hardie Board siding, blown-in insulation, and many replacement windows (covered with storm windows) contribute to energy-efficiency and low-maintenance. Located in the lovely Fruit Hill section of North Providence, the property fronts Smith Street, a main corridor with access to highways, a bus route, and amenities. It is approximately 3 miles to the commuter rail and Downtown Providence and just over 1 mile to two nearby colleges.

FOR SALE DETAILS

PRICE

$879,000 USD

PRICE/SF

$135 USD /SF

# OF UNITS

3

PRICE/UNIT

$293,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

CP

APN/PARCEL ID

NPRO-000008-000000-000343

ASK ABOUT THIS PROPERTY

Joe RochResidential Properties, LtdMore Info
401-440-7483

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Joe RochResidential Properties, LtdMore Info
401-440-7483

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.