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257 Academy Ave
Providence, RI 02908
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Building Size | 5,340 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1930 |
| Lot Size | 0.11 AC | Parking Ratio | 0.75/1,000 SF |
| Zoning | C-1 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.11 AC |
| Building Size | 5,340 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | C-1 |
AMENITIES
UNIT AMENITIES
- Eat-in Kitchen
- Tub/Shower
- Basement
SITE AMENITIES
- Public Transportation
ABOUT 257 ACADEMY AVE , PROVIDENCE, RI 02908
3 Family located close to so much! Minutes from Downtown, Federal Hill, Colleges, Private Schools, Public Schools, Shopping, Restaurants, Library and Laundromat across the street. Located on a main road this property sits in a C-1 (Commercial) Zone, meaning there are options here! The first Floor is split into two 1 Bedroom Apartments, the whole second floor is one apartment with Three bedrooms. 3rd Floor is unfinished attic space with 5 Rooms!! There have been updates to the First Floor Apartments Cabinets,Flooring and Paint. Second Floor needs minor TLC. 3rd Floor needs work or could be rehabbed if to be used for livable space. One of the first floor apartments is approved for Section 8. Besides 3 Family this can possibly be Multi-Family such as 3+ Apartments (remember that un-finished attic space) and has other uses such as Home Day Care, Bed & Breakfast, Community Residence Type I & II, Daycare(including Home daycare), Medical/Dental Office, and many more. Current Taxes reflect Non-Owner Occupant and not Commercial tax rate.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 670 |
| 3+1 | 3 | - | 1,340 |
