122 - 126 Lowell Avenue Providence

$1,350,000
19,166 sq ft

The Property

Well-maintained 8-unit multifamily property in a prime Providence location offering a strong investment opportunity. The building features a desirable unit mix of four 1-bedroom and four 2-bedroom apartments, appealing to a wide range of tenants. Huge parking lot for about 28 cars. Ideally situated with convenient access to shopping, dining, and everyday essentials, the property is just minutes from the vibrant neighborhoods of Federal Hill and Olneyville, known for their diverse restaurants, cafes, and local businesses.

Downtown Providence is a short drive away, providing entertainment, nightlife, and cultural attractions. Commuters will appreciate easy access to Route 6 and Interstate 95. The property is also close to Rhode Island Hospital and Hasbro Children’s Hospital, as well as major educational institutions including Providence College, Rhode Island College, and Johnson & Wales University. Nearby parks such as Donigian and Merino Park offer outdoor recreation. Easy access to public transportation and T.F. Green Airport adds to the property’s appeal.

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Listing Details

MLS Number

1409289

Lot Size:

0.44 acres

Features

  • Urban
  • Year Built: 1910

Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today79-89.6% decrease in inventory
    New on Market *2116.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$200.57$120 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,020,000$460,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.82%15.5% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$153.38$516 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5626 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 Century 21 Limitless

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