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Investment Highlights

  • Stunning Victorian that's been meticulously updated and maintained
  • ADU potential
  • Adaptive Reuse

Executive Summary

Impeccably maintained Victorian style mixed use property with several architectural additions. Potential Adaptive Reuse into 5 apartments and an Accessory Dwelling Unit. The first floor is ideal for one large or two residential apartments with central air. The second floor is a well-maintained, bright and sunny, spacious 5 room apartments including 2 bedrooms, an updated kitchen and bathroom, and ductless cooling. The 3rd floor features a 1-bed, 1.5-bath apartment with 3 skylights and a spectacular view of the City of Providence. A 2-story carriage house can be redeveloped into an Accessory Dwelling Unit. Ample off-street parking (as many as 21 spaces) with a heated cement ramp services the property. A younger roof, Hardie Board siding, blown-in insulation, and many replacement windows (covered with storm windows) contribute to energy-efficiency and low-maintenance. Located in the lovely Fruit Hill section of North Providence, the property fronts Smith Street, a main corridor with access to highways, a bus route, and amenities. It is approximately 3 miles to the commuter rail and Downtown Providence and just over 1 mile to two nearby colleges.

Property Facts

Price $879,000
Price Per Unit $293,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.34 AC
Building Size 6,524 SF
No. Stories 3
Year Built/Renovated 1900/1990
Parking Ratio 1.23/1,000 SF
Zoning CP - Zoned CP. The first-floor has been used as a medical office but adaptive reuse allows for up to 2 commercial spaces or multiple residential units.
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
NPRO-000008-000000-000343
Land Assessment
$123,600
Improvements Assessment
$413,600
Total Assessment
$537,200
  • Listing ID: 40440934

  • Date on Market: 5/7/2026

  • Last Updated:

  • Address: 1358 Smith St, North Providence, RI 02911

Contact the Sale Advisor

1358 Smith St

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