38 Mawney Street, Providence, Commercial

$ 875,000
38 Mawney Street, ,
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Overview

  • Updated On:
  • December 27, 2024

Description

Investment Opportunity!
Here’s your chance to add to your portfolio or begin your investment journey. Originally the Edwin Turner mansion, this 1880 Italianate is an 8 unit building in the heart of historic Elmwood. The property is a mix of studio apartments, 2 room efficiencies and one bedroom units – each unit with its own mini-split system for heat and A/C. There is a third floor that has roughed rooms but has never been developed. This could be an opportunity to add an ADU. And then there’s the land, and there’s a lot of it. With an over 16,000 sq ft lot the new owner has potential to work with the City to explore future development. The property has long term tenants with 6 on a month to month lease and 2 on a yearly rotation. Please reach out to the listing agent for additional information. All showings will be arranged as group showings for ease to the tenants. This is one to see!

Address: 38 Mawney Street
Area:
State/County:
Zip: 02907
Country: US
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Property Id : 565387
Price: $ 875,000
Basement: Full
Bridge Modification Timestamp: 2024-12-27T05:50:59.190Z
Building Area Total: 3470
Business Type: Residential
Community Features: Bus,Hospital,Interstate,Public School,Restaurants
Contract Status Change Date: 2024-12-16
Cooling: Ductless,Individual Unit
Electric: 100 Amp Service,200 Amps
Foundation Details: Mixed
Furnished: Unfurnished
Gas: Connected
Heating: Hot Air,Individual Control,Other
Laundry Features: Common Area,In Building
List Agent Direct Phone: 401-864-3432
List Agent Email: pam@domainrealestate.com
List Agent Full Name: Pam Hanson Carbone
Listing Contract Date: 2024-12-16
Listing Id: 1374743
Living Area Units: Square Feet
Lot Features: Local Historic District,Rural
Lot Size Area: 16753
Lot Size Square Feet: 16753
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-12-27T05:31:19.640Z
Number Of Buildings: 1
Number of Units in Community: 0
Number of Units Total: 0
Original Entry Timestamp: 2024-12-17T01:43:46.790Z
Original List Price: 875000
Parking Total: 12
Possible Use: Multi 5Plus
Road Frontage Type: Municipal
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-12-17T01:43:46.790Z
Stories Total: 2
Street Name: Mawney
Street Number: 38
Street Suffix: Street
Structure Type: Apartment,Historic,Livable,Residence
Tax Annual Amount: 16241
Tax Year: 2024
Utilities: Electricity Connected,Gas,Sanitary Sewers
Water Source: Connected,Municipal
Year Built: 1900
Zoning: R3
Other Features
Electrical Utility Available
Has Cooling System
Has Heating System
Property Attached
$ 3,392.55
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,392.55

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Alyse Antone Smyth, Esq.