USARIProvidenceSilver Lake`622 Union Ave
622 Union Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Providence RI | Image 1
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$974,999

622 Union Ave, Providence, RI

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $10,877
Days Active 25
Approx. Age 1922
MLS® Number 1388063

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to a truly one-of-a-kind opportunity this 7-unit mixed-use property is the unicorn every investor is searching for. Featuring six spacious 2-bedroom, 1-bath residential units and a non-operational bar on the ground level, the building offers both immediate cash flow and long-term upside. Two of the units are in excellent condition, while several others offer the chance to add value through cosmetic updates. The former bar not included in the sale presents a tremendous opportunity: convert it into two additional residential units or revitalize it as a commercial space and capitalize on the property's mixed-use zoning. Each unit is separately metered for electric, with gas-on-gas heating. An adjoining vacant lot MLS# 1388085 currently used for parking is also available for purchase and was previously a buildable lot, offering further expansion or development potential. There is nothing like this on the market and hasn't been for quite some time. Whether you're an investor looking to grow your portfolio or a visionary seeking your next project, this property checks all the boxes: location, flexibility, and upside. Don't miss this chance to secure a high-potential asset with multiple exit strategies and endless possibilities.Show Description
MLS® Number1388063
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1922
Stories4
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Steam
A/C
Heating Fuel

Extras

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