1 Greystone Avenue, North Providence, Rhode Island 02911
1/16

$2,100,000 USD

Commercial for Sale, 1 Greystone Avenue, North Providence, Rhode Island 02911

  • MLS#
    1406425
  • Minimum sellable space
    882 m² (9,498 ft²)

Listed By Remax Revolution

The Commercial Property for Sale located at 1 Greystone Avenue, North Providence, Rhode Island 02911 is currently for sale. 1 Greystone Avenue, North Providence, Rhode Island 02911 is listed for $2,100,000.

Date Updated : Mar 13, 2026

Property features

Property

  • Property size: 882 m² (9,498 ft²)
  • Features: Basement
  • Location: Suburban

Lot/Land

  • Land/Lot size: 1,203 m² (12,950 ft²)

Construction

  • Year built: 1920
  • Basement and foundation: Full Basement

Heating and Cooling

  • Heating system: Baseboard

Description

11-Unit Multifamily Investment Prime North Providence

Strong performing investment opportunity featuring two income-producing properties in a highly desirable rental location between Waterman Avenue and Putnam Pike near Centredale in North Providence. The properties benefit from excellent access to Route 44 and I-295 and are located near the new Amazon distribution center currently under development, adding long-term demand to the area. With low vacancy and immediate cash flow, this is an ideal opportunity for investors seeking stable returns with additional upside.

Property Highlights

? Consistent income with positive cash flow from day one
?? Prime North Providence location near Centredale
?? Convenient access to Route 44 & I-295
?? Close proximity to the new Amazon distribution center
?? 1 Greystone Street: 9-unit multifamily with a mix of 1- and 3-bedroom units
?? Ample on-site assigned parking
?? Coin-operated laundry facility in the basement
? Several units recently upgraded commanding market rents

?? 2–4 Greystone Street: Duplex with two 3-bedroom / 1-bath units
?? Unit 2 Greystone recently fully renovated with new flooring, tile, lighting, countertops, and in-unit washer/dryer

?? Opportunity to increase rents further as units turn over and upgrades continue

A rare investment opportunity combining stable in-place income, recent renovations, and future rent growth potential in a strong rental market.

Location

1 Greystone Avenue, North Providence, Rhode Island 02911

1 Greystone Avenue, North Providence, Rhode Island 02911