$610,000
$699,900
12.8%For more information regarding the value of a property, please contact us for a free consultation.
217 Plainfield ST Providence, RI 02909
5,837 SqFt
Key Details
Sold Price $610,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,837 sqft
Price per Sqft $104
Subdivision Silver Lake
MLS Listing ID 1365029
Sold Date 10/21/24
HOA Y/N No
Abv Grd Liv Area 5,837
Year Built 1900
Annual Tax Amount $14,830
Tax Year 2024
Lot Size 4,356 Sqft
Property Sub-Type Commercial
Property Description
Exciting investment opportunity available in convenient location of Providence. This mixed-use offering consists of 2 buildings -- a triplex on Whittier (newer roof and siding) AND a mixed use building on Plainfield with 2 commercial units and 2 more apartments above. Apartments are sizable and each offers 2 bedrooms and 1 bathroom. The storefronts benefit from excellent visibility, attracting a steady flow of potential customers. All units currently occupied. Parking lot between buildings for tenants. Separate electric and heating systems for each unit, all paid by the tenants. Cosmetic work needed throughout interiors. Ideal for investors seeking a value-add buy-and-hold. Potential to gross +$95k annually. Call today to schedule a viewing.
Location
State RI
County Providence
Community Silver Lake
Zoning C-2
Interior
Heating Baseboard, Other
Exterior
Community Features Highway Access, Near Schools, Public Transportation, High Traffic Location, Street Lights, Sidewalks
Utilities Available Cable Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Street Surface Paved
Total Parking Spaces 8
Building
Story 3
Foundation Concrete Perimeter
Sewer Connected, Public Sewer
Water Connected, Public
Level or Stories 3
Structure Type Frame
New Construction No
Others
Tax ID 217223PLAINFIELDSTPROV
Financing Cash
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Bought with Mott & Chace Sotheby's Intl.