Address
840 Broad Street, Providence, RI
Price
$ 749,900
Property Attributes
  • MLS#1354727
  • TypeCommercial
  • CountyPROVIDENCE
  • CityProvidence
  • NeighborhoodLower South Providence
  • Zip02907
  • StyleCommercial
  • Year Built1836
  • Taxes$ 18388
  • Price$ 749,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6148
  • Lot Size8,276 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Discover the unique charm of this property boasting two buildings on one lot, offering a mix of efficiencies and one-bedroom apartments across (9) units. The first building, dating back to 1836, exudes character with a 2007 renovation, while the second building stands as a modern addition built in the same year. Each unit has separate utilities, ensuring efficiency and control. Secure storage and coin-operated laundry is provided in the basement. The property offers secured access and is fully compliant with fire codes, ensuring safety for residents. Off-street parking for six cars adds a practical touch to this investment opportunity. Currently owned by a not-for-profit entity, the property is subject to a deed restriction and collaborates with Rhode Island Housing. Call to discuss this investment opportunity today.

Price History
3/15/2024 Listed $749,900

General Features

Sewer Connected,Sanitary
Heating ForcedAir,Steam
Cooling None
Utilities ElectricityAvailable,NaturalGasAvailable,NaturalGasConnected,SewerConnected
Zoning C-2
Security Features CarbonMonoxideDetectors,FireAlarm,FireSprinklerSystem,SmokeDetectors
Construction Materials Frame
Year Built 1836
Electric Item100AmpService
Property SubType Commercial
Tax Year 2023
OwnerPays CommonAreaMaintenance,Electricity,ExteriorMaintenance,Gas,GroundsCare,Heat,HVACMaintenance,HotWater,Insurance,Management,PestControl,Repairs,RoofMaintenance,SnowRemoval,Sewer,Taxes,TrashCollection,Wa
Community Features HighwayAccess,NearHospital,NearSchools,PublicTransportation,Restaurant,Shopping,Sidewalks
County Providence
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Subdivision Name Lower South Providence
Possible Use MultiFamily,Residential
Garage Y/N No
Status Active
City Providence
View Y/N No
Senior Community Y/N No
Lot Size Square Feet 8276.0
Waterfront Y/N No
Carport Y/N No
Number of Units Leased 1
Street Name Broad
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 18388.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://tour.RiLiving.com/840-Broad-ST-Providence-RI-02907
Days on Market 10
Structure Type MultiFamily
Lease Type Gross
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 523900
Tax Lot 14
MobileHomeRemainsYN No

Interior Features

Basement Full
Furnished Y/N Unfurnished
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 6148.0
Street Suffix Street
Laundry Features CommonArea,LaundryRoom
Electric On Property Y/N No

Exterior Features

Fencing Fenced
Lot Features CornerLot
Water Source Connected
Total Parking 4.0
Inclusions All appliances in each unit AS-IS,AS SEEN as well as coin-op washer and dryer in basement.
Lot Size Area 8276.0
Foundation Details BrickMortar,ConcretePerimeter
Number of Buildings 2
Spa No
Building Area Total 6148.0
Lot Size Acres 0.19
Road Surface Type Asphalt,Paved
Lot Size Units SquareFeet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02907

Price
AVG $1.25M
$750K
Taxes
AVG $12,837
$18,388
Visits
AVG 98
89
Data Provided by Inside Real Estate®
Year Built
AVG 1921
1836

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