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862 Charles Street, North Providence, Commercial

$ 1,250,000
862 Charles Street,
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Overview

  • Updated On:
  • August 25, 2024

Description

Discover a unique investment opportunity with this well-maintained mixed-use property, offering both residential and commercial possibilities.

Residential Component:
Located on Charles Street, this property features a charming 2-family home with two renovated units. Each unit includes 2 bedrooms and has been updated to provide modern comforts. These ready-to-rent units are perfect for generating immediate rental income.

Commercial Component:
The second building on the property is a substantial 7,272 sqft masonry structure built in 1982. Zoned CV (Commercial Village), it offers a multitude of potential uses. Currently, the building is divided into three separate units, each with its own utilities, including three-phase electric, sewer, water, and gas.

The building is equipped with an up-to-date fire alarm system and includes bathrooms in both common areas and private units, ensuring convenience for businesses and tenants alike. The well-maintained facility is ideal for running a business while benefiting from rental income from the residential units.

This property presents a fantastic opportunity for investors or entrepreneurs seeking a versatile space with built-in income potential. Don’t miss out on this exceptional chance to own a well-located, multi-use property with ample space and modern amenities.

Address: 862 Charles Street
State/County:
Zip: 02904
Country: US
Open In Google Maps
Property Id : 1195517
Price: $ 1,250,000
Basement: Full
Bridge Modification Timestamp: 2024-08-25T04:41:28.073Z
Building Area Total: 8572
Building Features: Garage,Restrooms
Business Type: Administrative and Support,Advertising,Distribution,Flex Space,Health Care,Health Care/Medical,Manufacturing,Office Showroom,Printing,Professional/Office,Real Estate
Community Features: Bus,Highway Access,Hospital,Interstate,Marina,Private School,Public School,Railroad,Recreational Facilities,Schools,Shopping,Pool,Tennis
Construction Materials: Frame,Masonry,Steel
Contract Status Change Date: 2024-08-14
Cooling: Central Air
Door Features: Loading Door
Electric: 3 Phase
Foundation Details: Concrete Perimeter
Gas: Connected
Heating: Central
Laundry Features: In Building
List Agent Direct Phone: 401-575-1285
List Agent Email: rileywhite@kw.com
List Agent Full Name: Riley White
Listing Contract Date: 2024-08-14
Listing Id: 1366201
Living Area Units: Square Feet
Lot Features: Paved,Sidewalks,Free Standing,Suburban,Urban
Lot Size Area: 12415
Lot Size Square Feet: 12415
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-08-25T04:31:36.030Z
Number Of Buildings: 2
Number of Units in Community: 5
Number of Units Total: 2
Occupant Type: Vacant
Original Entry Timestamp: 2024-08-14T19:27:10.927Z
Original List Price: 1250000
Owner Pays: Common Area Maintenance,Exterior Maintenance,Grounds Care,Insurance,Repairs,Roof Maintenance,Sewer,Snow Removal,Taxes,Water
Parking Total: 14
Possible Use: Commercial,Medical/Dental,Mixed Use,Multi-Family,See Remarks,Vacant,Warehouse,Mixed Use
Road Surface Type: Blacktop
Security Features: Carbon Monoxide Detector(s),Fire Alarm
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-08-14T19:27:10.927Z
Stories Total: 3
Street Name: Charles
Street Number: 862
Street Suffix: Street
Structure Type: Apartment,Free-Standing,Subdivided
Tax Annual Amount: 13949
Tax Year: 2024
Year Built: 1983
Years Current Owner: 41
Other Features
Ceiling Height: 9-12 Ft
Has Cooling System
Has Heating System
$ 4,846.50
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,846.50

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