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124 Providence Street Woonsocket

$415,000
5 2.5 3,490 sq ft

The Property

Welcome to a unique mixed-use property that offers both residential and commercial opportunities in a highly desirable neighborhood! This exceptional property features two distinct buildings on a spacious lot, making it a perfect investment or living arrangement. The first building is a two-family home, designed for comfortable living. The second floor boasts a well appointed townhouse-style apartment featuring three generously sized bedrooms, providing ample space for both relaxation and productivity. The first floor of the two-family home offers an additional apartment that is equally inviting, making it ideal for multi-generational living or as a rental opportunity.

Adjacent to the residential building, you’ll find a small, well-established diner that is currently rented out. This diner has been a cherished local establishment, serving delicious breakfasts and lunches to the community. The current tenants express a desire to stay, allowing for continued income potential while enjoying the benefits of a vibrant local business right at your doorstep. The expansive lot provides plenty of parking for tenants, ensuring convenient access for both residents Whether you’re looking to enjoy a great breakfast each morning or to invest in a lucrative property, this mixed-use investment provides endless possibilities.Don’t miss your chance to own this multifaceted gem in an attractive area, where you can live, work, and thrive! Also, being sold as a Commercial Mixed-Use MLS#1371477

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Listing Details

MLS Number

1367517

Lot Size:

0.20 acres

Features

  • Basement: Full, Interior Only, Unfinished, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Restaurants
  • Schools
  • Shopping
  • Heating: Electric, Natural Gas, Oil, Baseboard, Steam
  • Heating Fuel: Electric, Natural Gas, Oil, Baseboard, Steam
  • Garage: 1
  • Laundry
  • Corner Lot
  • Sidewalks
  • Wooded
  • Year Built: 1900

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Market Trends for Multi Family
in Woonsocket

  • Overview
    Homes for Sale Today23-67.6% decrease in inventory
    New on Market *16-11.1% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$153.83$3 increase in List Price/Sq.Ft.
    Avg. Sale Price *$530,357$912 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *152.77%45.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$143.39$20 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7820 increase 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?

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

Listed by Re/Max Properties

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