1158 ,1164,1166,1172 N Main & 81 Nashua Street, Providence, Commercial

$ 3,200,000
1158 ,1164,1166,1172 N Main & 81 Nashua Street,
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Overview

  • Updated On:
  • November 22, 2024

Description

Investment Opportunity! This prime property offers two three-family residential buildings, multiple commercial spaces, ideal for rental income and business ventures and an overflow parking lot. Located near US-1, Miriam Hospital, and Brown University, it promises high visibility and accessibility and is home to an iconic Shepard Fairey billboard. The residential buildings include off-street parking and detached rented garages, shared basement storage, and spacious units with well-maintained features. Each residential unit has a full kitchen, pantry nook, and washer/dryer hookups in the basement for tenant convenience. All commercial units, currently used for retail and studio purposes, are currently rented. All residential units are also currently rented. There are two additional decommissioned two-bedroom apartments located over 1160 N. Main with added potential rental income. Don’t miss this unique chance to secure residential and commercial assets in one great location! Assessed value reflects 1158,1166,1172 N Main and 81 Nashua Street. Unit information, square footage, which is approximate and financial information is included for all properties.

Address: 1158 ,1164,1166,1172 N Main & 81 Nashua Street
State/County:
Zip: 02904
Country: US
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Property Id : 504550
Price: $ 3,200,000
Basement: Full
Bridge Modification Timestamp: 2024-11-22T05:35:03.732Z
Building Area Total: 21304
Business Name: Max Formal CO. & Green Stone Vintage
Business Type: Commercial,Food & Beverage,Health Care/Medical,Mixed,Office,Parking,Professional/Office,Restaurant,Retail
Community Features: Bus,Highway Access,Hospital,Schools,Shopping
Construction Materials: Brick
Contract Status Change Date: 2024-11-11
Cooling: None
Electric: 100 Amp Service,Circuit Breakers
Existing Lease Type: NNN
Foundation Details: Concrete Perimeter,Stone
Gross Income: 189258
Laundry Features: Off Site
List Agent Direct Phone: 401-742-3348
List Agent Email: melissacaseyre@gmail.com
List Agent Full Name: Melissa Casey
Listing Contract Date: 2024-11-11
Listing Id: 1372107
Living Area Units: Square Feet
Lot Features: Paved,Urban
Lot Size Area: 26303
Lot Size Square Feet: 26303
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-11-22T05:32:25.990Z
Number Of Buildings: 5
Number of Units in Community: 9
Number of Units Total: 9
Original Entry Timestamp: 2024-11-11T20:22:36.067Z
Original List Price: 3200000
Parking Total: 4
Possible Use: Mixed Use,Residential,Retail,Mixed Use
Road Frontage Type: Sidewalks
Road Surface Type: Concrete
Sewer: Public Connected
State or Province: RI
Status Change Timestamp: 2024-11-11T20:22:36.067Z
Street Name: ,1164,1166,1172 N Main & 81 Nashua
Street Number: 1158
Street Suffix: Street
Structure Type: Apartment,Multi Family,Residence
Tax Annual Amount: 34241.22
Tax Year: 2024
Water Source: Public
Year Built: 1900
Year Established: 1900
Zoning: C2
Other Features
Property Attached
$ 12,407.03
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 12,407.03

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Alyse Antone Smyth, Esq.