215 Broadway Providence

$2,950,000
7,600 sq ft

The Property

A distinguished 1887 Second Empire mansion prominently situated along Broadway, one of Providence’s most recognizable and desirable West Side corridors.

Comprehensively renovated in recent years, this architecturally significant property has been thoughtfully transformed into ten distinctive residential units, offering a mix of studio, one-, two-, and three-bedroom layouts. The property presents a compelling combination of irreplaceable historic character, modern building systems, and established in-place income within one of Providence’s strongest rental markets.

Throughout the building, the renovation carefully preserves many of the mansion’s exceptional original details, including ornate paneled walls, marble fireplaces, parquet flooring, and crystal chandeliers, while incorporating the amenities expected by today’s residents.

Units feature updated kitchens and designer baths complemented by extensive mechanical and infrastructure improvements.

Recent capital improvements include electrical and HVAC upgrades, a new fire alarm system, and a fully sprinklered building. Additional amenities include dedicated common laundry facilities and secure bicycle storage.

215 Broadway represents a rare opportunity to acquire a substantial, income-producing multifamily asset where historic Providence architecture and modern improvements come together in an exceptional West Side location.

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Listing Details

MLS Number

1421248

Lot Size:

0.21 acres

Features

  • Basement: Full
  • Sprinklers
  • Heating: Heat Pump
  • Heating Fuel: Heat Pump
  • Local Historic District
  • Urban
  • Year Built: 1887

Market Trends for Commercial/Business,Commercial Sale
in Providence

  • Overview
    Homes for Sale Today585.5% increase in inventory
    New on Market *24242.9% increase in new listings
    Avg. Asking Price/Sq.Ft. *$404.74$115 increase in List Price/Sq.Ft.
    Avg. Sale Price *$723,017$98,017 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.47%4.7% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$130.66$60 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *11864 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?

    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 Broadway Real Estate Group
Phone: 401-354-7969

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