686 BroadwayEast Providence, RI 02914

This exceptional mixed-use property at 686 N Broadway, East Providence, RI 02914 presents a lucrative investment opportunity. Situated on a substantial 10,000 square foot lot, this 1920-built building comprises two units and offers a compelling blend of commercial and residential income streams. The property currently houses a thriving laundromat business equipped with 31 washers and 23 dryers, generating significant revenue. This established business boasts considerable potential for expansion and growth within the local market. Adding to the property's appeal are six additional rental income units, currently occupied by long-term tenants, providing a stable and consistent cash flow. The property's prime location in East Providence ensures high visibility and convenient access to local amenities, contributing to its strong rental demand. This turnkey investment is ideal for an astute buyer seeking a blend of commercial and residential income, offering both immediate returns and long-term growth prospects. The property's size and established income streams make it a truly remarkable opportunity. This is a rare chance to acquire a well-established, high-performing property in a desirable location. The asking price is $799,000.