New Listing - 12/16/2024
38 Mawney Street, Providence, RI, 02907
1900
Investment Opportunity! Here's your chance to add to your portfolio or begin your investment journey. Originally the Edwin Turner mansion, this 1880 Italianate is an 8 unit building in the heart of historic Elmwood. The property is a mix of studio apartments, 2 room efficiencies and one bedroom units - each unit with its own mini-split system for heat and A/C. There is a third floor that has roughed rooms but has never been developed. This could be an opportunity to add an ADU. And then there's the land, and there's a lot of it. With an over 16,000 sq ft lot the new owner has potential to work with the City to explore future development. The property has long term tenants with 6 on a month to month lease and 2 on a yearly rotation. Please reach out to the listing agent for additional information. All showings will be arranged as group showings for ease to the tenants. This is one to see!
Status:
Active
Type:
Commercial
Furnished Remarks:
Unfurnished
Laundry Remarks:
Common Area
Units:
0
Zoning:
R3
Frontage:
78
Complex:
Elmwood
Heating:
Forced Air, Individual, Other
Cooling:
Ductless, 1 Unit
Basement:
Full
Parking:
12-car
Est. Taxes:
$16,241
Assessment
$462,700
Utilities
Electricity Available,Natural Gas Available,Natural Gas Connected,Sewer Connected
Lot Description:
Historic District
Amenities:
Near Hospital, Near Schools, Public Transportation, Restaurant
Days on Market:
1
MLS #:
1374743
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Domain Properties Phone: 401-331-7100