New Listing - 12/16/2024


38 Mawney Street, Providence, RI, 02907

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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