529 BroadwayProvidence, RI 02909

This exceptional mixed-use property, located at 529 Broadway in Providence, Rhode Island's desirable Federal Hill neighborhood, presents a compelling investment opportunity. The property encompasses a 12,385 square foot lot and includes two buildings, each three stories high, constructed in 1883. Currently featuring four spacious units, the property offers significant potential for expansion. The existing units boast high ceilings, large apartments, and architectural details characteristic of the neighborhood's historical charm. Each unit is generously sized and presents the possibility of condo conversion, maximizing future rental income. An accessible walk-up attic provides additional space for expansion, potentially creating more living areas. A detached garage with a loft offers further development potential, possibly convertible into an additional income-generating unit or a studio apartment. The property also includes a buildable lot at 533 Broadway, offering further development options. Its prime location provides easy access to Federal Hill's vibrant culinary scene, including bakeries, restaurants, and coffee shops, as well as major highways, downtown Providence, Brown University, and local schools. This unique offering is ideal for investors and developers seeking a versatile property with exceptional growth potential in a highly sought-after area. The property's blend of historical charm and modern potential makes it a rare find in the heart of Federal Hill.