155 Ridge Street Providence

$699,900
2,976 sq ft

The Property

This property is being sold with 157 Ridge Street (adjacent lot, additional 3,494 sq ft). This property provides developer-friendly zoning and location. Zoned MU75. Photos prior to rt 10 site work completion.

Great opportunity for possible development! Current existing structures include 4 bedroom single family home (rented), and 3 car garage (vacant). Cash flow while you plan! Located directly across the street from an Elderly/Disable High Rise, close to many newly developed market-rate apartment buildings, and multifamilies with strong rental history. Nestled in the Providence’s highly sought-after West Side/Federal Hill neighborhood. Walk to local dog park, playground, and all of the West Side’s most trendy and frequented locations including Broadway shops, boutique restaurants, and cafes, as well as Atwells Ave/Historic Federal Hill dining, bars, and local markets. 7 min drive/12 minute bike ride to downtown train station, Providence Place Mall, & State House. 10 minutes to RISD, Brown University, Johnson & Wales University, Warren Alpert Medical School, URI Downcity Campus, Providence College, and all downtown Providence Entertainment & Night Life. 8-9 minute drive/14 minute bike ride to RI Hospital, Women & Infants, Hasbro Hospital, The VA, & Roger Williams Medical Center. 1 hour to Boston. Easy access to public transportation and highways. Buyer responsible for their own research/inspections and zoning/plan approvals.

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Listing Details

MLS Number

1423016

Lot Size:

0.08 acres

Features

  • Basement: Full
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Railroad
  • Shopping
  • Heating: Baseboard
  • Heating Fuel: Baseboard
  • Laundry
  • Urban
  • Year Built: 1930

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Market Trends for Commercial/Business,Commercial Sale
in Providence

  • Overview
    Homes for Sale Today58-17.1% decrease in inventory
    New on Market *15-31.8% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$254.11$203 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,250,000$526,983 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *104.17%2.7% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$86.21$44 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7246 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 RentProv Realty
Email: jeff@rentprovrealty.com
Phone: 401-223-2222

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