Homes For Sale in South Elmwood, Providence, RI

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Great opportunity to purchase a mixed use property in Providence! This property consists of 2 commercial units and 3 residential units, the unit currently being rented as a studio apartment, could also be rented as a commercial unit. There is a 2 car garage with a small parking lot for about 7 vehicles. Newer windows, roof is approximately 5 years old, updated plumbing, updated electric and properly up-to-date with the fire safety system. Entire first floor has electric heat, the 2nd and 3rd floors have their own gas boiler. All floors have their own hot water heaters. This property is fully rented. Seller has owned this property for over 25 years and has maintained it.

Excellent investment opportunity in Providence! This well-maintained, fully occupied 3-family property offers immediate rental income with tenants already in place. Each unit features spacious layouts, providing comfortable living and strong rental appeal. Off-street parking adds convenience for tenants, making this an ideal addition to any investment portfolio. Located in the convenient South Providence neighborhood, the property is close to shopping, dining, grocery stores, and everyday amenities. Just minutes to Downtown Providence, Federal Hill, and major employers. Conveniently located near Rhode Island Hospital, Hasbro Children's Hospital, Brown University, Johnson & Wales University, and Rhode Island School of Design. Easy access to I-95, Route 10, and I-195 provides seamless commuting throughout Rhode Island and into Massachusetts. Nearby Roger Williams Park, RIPTA transit, schools, and T.F. Green Airport complete this exceptional investment opportunity.

Estate sale, offered in as-is condition with no repairs or warranties. The buyer is responsible for the cleanout; if a fire certificate is needed, the buyer is responsible for it. Do not approach the property without permission. This home is not financeable; cash offers only.