
$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.
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