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$ 1,300,000
Est. payment /mo
Active
8 Somerset ST Providence, RI 02907
10,019 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1416144
HOA Y/N No
Year Built 1853
Annual Tax Amount $20,254
Tax Year 2025
Lot Size 10,019 Sqft
Property Sub-Type Commercial
Property Description
Excellent investment opportunity in Providence! Expansive Lot! This well-maintained multi-family property features a total of 10 residential units, including nine 1-bedroom units and one 2-bedroom unit, providing a diverse rental mix and strong income-producing potential. Currently generating rental income, this property is ideal for investors seeking a stable asset in a desirable location with long-term upside. The building has been well cared for and offers are very large lot for possible future potential. Conveniently located near the Silver Lake and West End neighborhoods, residents enjoy easy access to local restaurants, cafes, grocery stores, parks, and neighborhood services. Minutes to Downtown Providence, offering dining, nightlife, entertainment, arts, and major employment centers. Easy access to Route 6, Route 10, Interstate 95, and Interstate 195. Close to Rhode Island Hospital, Hasbro Children's Hospital, educational institutions, public transportation, and approximately 15 20 minutes to T.F. Green Airport. A rare opportunity to acquire a strong income-producing asset in a prime Providence location.
Location
State RI
County Providence
Exterior
Utilities Available Sewer Connected
Building
Sewer Connected
Water Connected
Structure Type Frame
New Construction No
Others
Tax ID 8SOMERSETSTPROV
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