129 Academy Avenue Providence

$775,000
4,244 sq ft

The Property

Rare opportunity to own a distinctive Tudor-style mixed-use multi-family estate in the heart of Providence’s Mount Pleasant neighborhood. Situated on a prominent corner lot, this property offers over 4,600 square feet of living space and exceptional flexibility for both investors and owner-occupants. It features a spacious multi-level owner’s townhouse along with three additional units, providing strong income potential and versatile living arrangements. Rich in architectural character, the home showcases classic Tudor elements, including steep gables and private balconies, offering a unique canvas for value-add improvements or restoration.

Ideally located just minutes from downtown, major hospitals, universities, and public transportation, a new commercial fire alarm system has just been installed. This property combines historic charm with long-term upside. Whether you are looking to expand your portfolio, create a premium rental asset, or convert into a high-performing investment, this is a one-of-a-kind opportunity in a centrally located Providence market.

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Listing Details

MLS Number

1410213

Lot Size:

0.10 acres

Features

  • Basement: Full
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Gas Connected
  • Heating Fuel: Gas Connected
  • Laundry
  • Corner
  • Urban
  • Type: Tudor
  • Year Built: 1900

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Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today80-89.5% decrease in inventory
    New on Market *2327.8% increase in new listings
    Avg. Asking Price/Sq.Ft. *$199.82$123 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,020,000$421,667 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.82%10% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$153.38$374 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5627 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 Mott & Chace Sotheby's Intl.

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