374 Wickenden Street, Providence, RI, 02903
1900
Mixed-Use Building in a prime location with fully rented residential units until May 31, 2027, and a long-standing and popular pizza place on the first floor on a NNN lease. Fully renovated to the studs within the last ten years or so by the previous owner. This property has had virtually no vacancy during the current ownership. The residential units are comprised of a 3-bed / 1-bath unit on the second floor, and a 4-bed / 2-bath townhouse on the third and fourth floors. Each unit offers central air, in-unit laundry, and modern kitchens and bathrooms. The restaurant tenant pays for a third of the owner's expenses and has an annual 2% rent increase. No parking on site. The easy access to Downtown Providence, interstates, and the short distances to Brown University and RISD campuses make this building an attractive rental location and keep the restaurant business thriving. Solid investment with virtually no vacancy rate and very low maintenance cost.
Status:
Active
Type:
Commercial
Laundry Remarks:
In Unit
Units:
3
Zoning:
C2
Complex:
Fox Point
Heating:
Forced Air
Cooling:
Central Air
Basement:
Full
Est. Taxes:
$18,500
Assessment
$956,200
Permitted Use
Residential,Retail
Construction
Frame
Utilities
Natural Gas Available,Natural Gas Connected,Sewer Connected
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
Days on Market:
10
MLS #:
1404400
Contact listing agent for buyer broker compensation if applicable.