Exceptional turnkey mixed-use property located in North Providence’s desirable CV zone. This well-maintained asset features multiple income streams and excellent flexibility for both investors and owner-users. The first floor offers two polished commercial suites—a real estate office with two private rooms and a half bath, and an elegant three-room bridal salon—both with central air and strong tenant appeal. The lower level adds even more value with a nail salon and a separate 1-bed, 1-bath apartment, ideal for supplemental rental income. Upstairs, a spacious two-story townhouse-style apartment includes six bedrooms, two full bathrooms, and a common living area—currently used as high-demand workforce housing with strong, consistent returns. Additional highlights include gas heat, central AC throughout, ample off-street parking, and a detached cottage for added residential or office use. Centrally located near Route 44 and I-295, this property offers stability, multiple configurations,
15 Thomas St, North Providence, RI, 02911
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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