For Sale
$1,250,000

862 Charles StNorth Providence, RI 02904

Prime RI location; two buildings, rental income.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional North Providence, RI investment opportunity encompasses a 12,415 sq ft lot featuring two buildings on 862 Charles Street, zip code 02904. The property is a mixed-use offering, combining residential and commercial components. The residential portion consists of a charming two-family home with two renovated two-bedroom units, ready for immediate rental income. The commercial building, a substantial 7,272 sq ft masonry structure built in 1982, is zoned CV (Commercial Village), providing versatile usage potential. This three-unit building boasts individual utilities for each unit, including three-phase electric, sewer, water, and gas. Modern amenities include an updated fire alarm system and bathrooms in both common areas and individual units. The property's three-story configuration, built in 1983, offers ample space and modern conveniences. This well-maintained property presents a unique opportunity for investors or entrepreneurs seeking a versatile space with built-in income potential. The property's location in Providence County offers easy access to major roadways and amenities. This is a rare chance to acquire a multi-use property with significant income potential and modern amenities. The asking price is $1,250,000.

Highlights

  • $1,250,000 asking price.
  • Mixed-use property in North Providence, RI, with two buildings on a 12,415 sq ft lot.
  • Two-family home with two renovated 2-bedroom units, ideal for rental income.
  • 7,272 sq ft commercial building, built in 1982, zoned CV (Commercial Village), with three separate units, each with its own utilities (including three-phase electric).
  • Commercial building features a fire alarm system and multiple bathrooms.

Property Details for 862 Charles St

Property type
Retail properties, Office properties
Year Built
1983
Buildings
2
Stories
3
Units
2

Location Insight

City
North Providence
County
Providence
State
Rhode Island
Latitude
41.8606806
Longitude
-71.4227272
862 Charles St, North Providence, Rhode Island

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862 Charles St
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