148 - 152 Putnam Pike Johnston

$839,900
3,252 sq ft

The Property

Incredible Investment Opportunity – Two Adjacent Properties Sold as a Package | 148 & 152 Putnam Ave, Johnston, RI Two neighboring properties in a high-traffic area of Johnston offer strong residential and commercial income. 148 Putnam Ave is a renovated two-family home on a spacious 1.23-acre lot. Each side features a townhouse-style 1 bed, 1.5 bath unit with private entrance, full basement, and shared covered deck. Ample parking and a detached garage provide added rental potential.

Great long-term tenants in place. 152 Putnam Ave is a commercial building currently leased to a successful salon (business not for sale). The tenant is interested in staying. The building features approx. 1,956 sq ft across two levels, central air, updated fire alarm system, and 3,500 sq ft of paved parking. Salon equipment and inventory not included. Zoned B1, both properties are located in a commercially active area with excellent visibility and access. A rare chance to own a mixed-use investment package with strong upside potential. Showings by appointment only. Do not disturb tenants.

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Listing Details

MLS Number

1400306

Lot Size:

1.43 acres

Features

  • Basement: Full
  • Garage
  • Laundry Room
  • Restrooms
  • Bus
  • Commuter Bus
  • Highway Access
  • Restaurants
  • Shopping
  • Heating: Baseboard, Central Air, Forced Air, Forced Water, Gas Connected, Zoned
  • Heating Fuel: Baseboard, Central Air, Forced Air, Forced Water, Gas Connected, Zoned
  • Laundry
  • Paved
  • Sidewalks
  • Free Standing
  • Year Built: 1951

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Listed by Jpar Prime Real Estate

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