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430 - 434 Pine Street Providence

$400,000
0 9,140 sq ft

The Property

Two historic buildings in the Pine Street Historic District. Built by George Bourne – a prominent Providence grocer. The first is located at 430 Pine St. It is a 3 story flat roofed Italiante style house (C.1859) with wide bracket eaves and bracketed entrance hood supporting an oriel.

The second building is at 434 Pine St. It is a Queen Anne style house (C.1890) with a slate roof, a corner turret, and Italiante style entrance. Seven legal units, 6 residential & 1 office. It also has two vacant studio apartments for a total of 9 units. Two units are currently Section 8 rentals. Detailed rent, expense, and improvements data will be made available to serious prospects. Well maintained, many updates. Rents should be higher! The buildings are connected by a rear enclosed three story common stairway area accessing a plentiful parking area including two adjoining paved lots. Walking distance to downtown, RI Hospital, Jane Brown Hospital, Women & Infants Hospital, Brown University, RISD, Community College of RI Providence Campus, downtown locations of URI and Roger Williams University. Interstate Route 95 & 195 are located within one-half mile drive. One of the last areas of Providence where you can buy historic housing for a good price in a good location near downtown Providence redevelopment area. Providence is booming! Good opportunity for condo conversion.

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Listing Details

MLS Number

1209860

Lot Size:

0.21 acres

Features

  • Basement: Full
  • Laundry Room
  • Security Lights
  • Heating: Baseboard, Forced Water, Gas Connected
  • Laundry
  • Type: Commercial
  • Year Built: 1859

Listed by Real Estate Options

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