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5 Mountain Street Providence

$1,295,000
6,000 sq ft

The Property

Beautiful 6 unit Apartment building on The Federal Hill/ Downtown Providence Line. These apartments have unobstructed views of downtown providence and have very practical layouts. All 6 apartments are Identical. The roof was replaced around 5 years ago, along with all of the elctrical panels , and all 6 heating systems.

The windows have been replaced. There is one common hallway from the front of the building that access all 6 apartments. The rear has two separate hallways servicing 3 apartments per hallway. There is a laundry room in the basement with coin operated laundry. There are two parking lots that come with this building, plenty of parking. This building directly abuts the 3 family house behind it which is also for sale by the same owner Please see MLS # 1368208 The Two Properties DO NOT have to be sold together, however you could build a nice little compound as the current owner has done. This property sits in the R-4 zone which is ripe for Air BNB if someone wanted to.

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Listing Details

MLS Number

1368212

Lot Size:

0.17 acres

Features

  • Basement: Full
  • Laundry Room
  • Bus
  • Commuter Bus
  • Heating: Baseboard
  • Heating Fuel: Baseboard
  • Laundry
  • Downtown
  • Year Built: 1900

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Market Trends for Commercial
in Providence

  • Overview
    Homes for Sale Today59-14.5% decrease in inventory
    New on Market *10-41.2% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$195.28$115 increase in List Price/Sq.Ft.
    Avg. Sale Price *$506,625$213,375 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.23%-0.4% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$196.72$41 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *15961 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?

    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 Compass

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