Active

38 Mawney Street

Providence RI, 02907

$875,000


$252.16 per sqft

Active

3,470 sqft

Commercial

Built in 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!

1374743

MLS ID

December 16, 2024

Listed

December 17, 2024

Updated

Map

38 Mawney Street
Providence RI, 02907

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

Yes


Cooling Description

Ductless, 1 Unit


Heating

Yes


Heating Description

Forced Air, Individual, Other

Exterior/Building Features

Lot Size

0.38 Acres


Lot Features

Historic District


Sewer

Connected, Sanitary

Other Property Details

Taxes

$16,241


Tax Frequency

Annually


Days on Market

1


Garage

No


Parking Total

12


View

No


County

Providence


Water Source

Connected, Public


Pool

No


Zoning

R3

 

Courtesy of Domain Properties

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Compass are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 8:50 PM UTC, 12/17/2024.

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