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312 Veazie Street Providence

$875,000
10 3 4,040 sq ft

The Property

Prime Investment Opportunity Near PC! Located at 312 Veazie Street, this fully renovated mixed-use property is perfect for investors & entrepreneurs. The first floor, previously home to McCormick’s Pub, is ready for a new business, with build-out plans available. This space is ideal for retail, bar or residential use. ** The property features updated heating, electrical and plumbing systems.

The upper levels offer high-quality residential units. The second floor includes a three-bedroom, one-bathroom unit with a walk-out deck, stainless steel kitchen appliances, quartz countertops, & spacious bedrooms. The third & fourth floors comprise a townhouse-style unit with seven bedrooms & two full bathrooms, maintaining the same high-end finishes, ideal for student rentals.** Situated on an 8,000+-sf lot, the property provides ample parking & includes a detached three-car garage, offering additional income potential. A hydro-air gas heating system ensures efficient heating throughout the building.** This property’s prime location near PC & downtown Providence makes it highly attractive for various tenants, including students and professionals. Whether utilized as a mixed-use space or converted entirely to residential units, 312 Veazie Street offers substantial income potential. Truly a versatile property with endless possibilities!

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Listing Details

MLS Number

1372437

Lot Size:

0.19 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Bus
  • Commuter Bus
  • Highway Access
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Natural Gas, Hydro-Air
  • Heating Fuel: Natural Gas, Hydro-Air
  • Garage: 1
  • Paved Driveway
  • Year Built: 1920

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Market Trends for Multi Family
in Providence

  • Overview
    Homes for Sale Today71-68.4% decrease in inventory
    New on Market *32-36% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$221.34$8 increase in List Price/Sq.Ft.
    Avg. Sale Price *$684,964$10,169 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.51%-0.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$230.20$9 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *686 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 Westcott Properties

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