RI > Providence
Providence, RI 02907,29 Elmwood Ave
Providence, RI 02907,29 Elmwood Ave
Providence, RI 02907,29 Elmwood Ave
35
$1,800,000
$1,990,000
9.5%
Est.Price: ?

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5,662 Sqft Lot

29 Elmwood Ave Providence, RI 02907

Est. payment /mo
SOLD DATE : 01/10/2025

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James Lynch

James Lynch

+1(781) 244-2863

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 73207890

Sold Date 01/10/25

HOA Y/N false

Year Built 1960

Annual Tax Amount $16,157

Tax Year 2023

Lot Size 5,662 Sqft

Acres 0.13

Property Description

This is for 29 Elmwood and 612 Hartford Street in Providence, it is for REAL ESTATE ONLY, Presently both properties are Leased by Same Tenant. Strong Tenants 4 years left on Present Lease and 2 5 year extensions with yearly Increases. This property is being offered with a Cap rate of over 8%. The tenants at this time would have to stay to have that business they bought a year ago, call for all Leases and rents. Check attachments. 29 Elmwood is 9500 sq/ft with basement 612 Hartford is 3395 sq/ft

Location

State RI

County Providence

Area East Side

Zoning C-2

Direction on Elmwood

Others

Senior Community false

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Listed by Lamacchia Realty, Inc.
Bought with Non Member • Non Member Office

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James Lynch

James Lynch

Agent | License ID: 9510114

+1(781) 244-2863

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