622 Union Avenue Providence

$745,000
3,049 sq ft

The Property

Motivated Seller – to be sold with an adjoining vacant lot, currently used for parking— and was previously a buildable lot, offering further expansion or development potential. Welcome to a truly one-of-a-kind opportunity—this 7-unit mixed-use property is the unicorn every investor is searching for. Featuring six spacious 2-bedroom, 1-bath residential units and a non-operational bar on the ground level, the building offers both immediate cash flow and long-term upside. Two of the units are in excellent condition, while several others offer the chance to add value through cosmetic updates.

The former bar—not included in the sale—presents a tremendous opportunity: convert it into two additional residential units or revitalize it as a commercial space and capitalize on the property’s mixed-use zoning. Each unit is separately metered for electric, with gas-on-gas heating. There is nothing like this on the market—and hasn’t been for quite some time. Whether you’re an investor looking to grow your portfolio or a visionary seeking your next project, this property checks all the boxes: location, flexibility, and upside. Don’t miss this chance to secure a high-potential asset with multiple exit strategies and endless possibilities.

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Listing Details

MLS Number

1394050

Lot Size:

0.07 acres

Features

  • Sprinklers
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Gas on Gas, Steam
  • Heating Fuel: Gas on Gas, Steam
  • Laundry
  • Urban
  • Year Built: 1922

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