217 Elmwood Avenue Providence

$575,000
3 2 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

1397231

Lot Size:

0.12 acres

Features

  • Basement: Full, Interior Only, Unfinished, Laundry, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Public School
  • Restaurants
  • Schools
  • Shopping
  • Heating: Natural Gas, Forced Water
  • Heating Fuel: Natural Gas, Forced Water
  • Laundry
  • Corner Lot
  • Year Built: 1925

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Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today286-91.6% decrease in inventory
    New on Market *144-10% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$302.56$1 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$635,421$92,207 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.20%-5.6% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$301.26$15 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *687 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 Peter M. Scotti & Assoc.,Inc.

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