1172 North Main Street, Providence, RI 02904

Property Description

How often do you find a 3-Family Investment property with two garages? Not often, but you do here at 1172 North Main St! This spacious three unit property offers strong income potential, an excellent location, and opportunities for future growth. Each generously sized unit features three bedrooms with potential for increased rental income. 2 detached garages provides an additional revenue stream for the current owner and offers potential for an accessory dwelling unit (ADU), subject to municipal approvals. The property features low-maintenance vinyl siding, gas heat, hardwood floors, off street parking, and a three year old roof. The basement features 3 separate utilities for each unit, potential for a laundry room, and tenant storage. Zoned C-2 Commercial, the property offers flexibility for a variety of potential uses and future development opportunities, subject to applicable zoning and permitting requirements. Conveniently situated near major highways, Whole Foods, LA Fitness, restaurants, shopping, the East Side of Providence, and downtown, this location offers great vicinity to public transportation, and a car-free lifestyle. For investors seeking to expand their portfolio, the property may also be purchased as a package with 1166 North Main Street, the 3 family right next door, and possibly a third lot. We hope you will come take a look at this wonderful opportunity for your residential and investment needs!