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 Residential Properties LTD. 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.