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217 - 223 Plainfield Street Providence

$835,000
0 5,837 sq ft

The Property

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.

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Listing Details

MLS Number

1360609

Lot Size:

0.10 acres

Features

  • Heating: Baseboard, Other Heat
  • Type: Commercial,Retail
  • Year Built: 1900

Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today77-87.3% decrease in inventory
    New on Market *1935.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$132.81$4 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,275,000$621,001 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.99%13.7% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$169.02$38 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5828 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Cote Partners Realty LLC

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