21 Elmwood Avenue, Unit#2 Providence

$575,000
2,570 sq ft

The Property

Elmwood Residential/Commercial Multi-family in prime location. Excellent investment opportunity with this mixed-use property with very high traffic count. Located on a corner lot creates high visibility. Desirable location with easy access to shopping, downtown, interstate and airport.

First floor offers a bright and meticulously kept commercial space and front porch – Could also be a residential apartment. The second floor consists of a 2 bedroom stylish apartment with great additional square footage potential (expand to third floor to create a chic townhouse). Replacement windows, artisan hardwoods & period charm. Laundry in basement. Long-term tenants at will. Rents are markedly below current demand. Off- street parking. Property will convey in As-Is condition. Sale is for property only. Schedule your private showing today

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Listing Details

MLS Number

1404147

Lot Size:

0.12 acres

Features

  • Basement: Full
  • Laundry Room
  • Restrooms
  • Corner
  • Sidewalks
  • Urban
  • Year Built: 1925

Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today71-90.3% decrease in inventory
    New on Market *24200% increase in new listings
    Avg. Asking Price/Sq.Ft. *$172.32$306 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,207,500$240,083 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.04%4.6% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$249.14$83 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *1282 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 Peter M. Scotti & Assoc.,Inc.

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