148 Putnam PIKE Active Save Request In-Person Tour Request Virtual Tour
Johnston,RI 02919
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,382 sqft
Price per Sqft $193
MLS Listing ID 1395625
Bedrooms 2
Full Baths 2
Half Baths 4
Year Built 1951
Annual Tax Amount $11,931
Tax Year 2025
Lot Size 1.430 Acres
Property Sub-Type Multi Family
Property Description
Incredible Investment Opportunity Two Adjacent Properties Sold as a Package | 148 & 152 Putnam Ave, Johnston, RI Two neighboring properties in a high-traffic area of Johnston offer strong residential and commercial income. 148 Putnam Ave is a renovated two-family home on a spacious 1.23-acre lot leaving potential for future development. Each side features a townhouse-style 1 bed, 1.5 bath unit with private entrance, full basement, and shared covered deck. Ample parking and a detached garage provide added rental potential. Great long-term tenants in place. 152 Putnam Ave is a commercial building currently leased to a successful salon (business not for sale). The tenant is interested in staying. The building features approx. 1,956 sq ft across two levels, central air, updated fire alarm system, and 3,500 sq ft of paved parking. Salon equipment and inventory not included. Zoned B1, both properties are located in a commercially active area with excellent visibility and access. A rare chance to own a mixed-use investment package with strong upside potential. Showings by appointment only. Do not disturb tenants.
Location
State RI
County Providence
Zoning B1
Interior
Heating Baseboard,Forced Air,Gas,Hot Water
Cooling None,Partial,Central Air
Flooring Carpet,Ceramic Tile,Hardwood,Vinyl
Fireplaces Type None
Inclusions Central Air is only in the salon. Separate parking for the 2 family and commercial building. Possible uses for commercial building include but not limited to professional office, real estate, insurance agency, restaurant, barber shop, beautician, shoe repair, cleanser, laundry pickup, coin-operated laundry, printing and photo shop, tailor, photo studio, interior decorating shop, catering services, radio, television, or appliance repair, veterinary office or animal hospital, grocery, bakery, drug, dairy product store, egg and poultry store, delicatessen store, meat, fish and seafood store, garden supply store, florist shop, package liquor store.
Laundry In Unit
Exterior
Exterior Feature Deck,Paved Driveway
Parking Features Detached
Garage Spaces 1.0
Community Features Highway Access,Public Transportation,Restaurant,Shopping,Sidewalks
Utilities Available Sewer Connected
Building
Lot Description Paved
Foundation Block
Sewer Connected,Public Sewer
Water Connected,Public
Structure Type Drywall,Masonry,Vinyl Siding
New Construction No
Others
Virtual Tour https://tour.RiLiving.com/148-Putnam-Pike-Johnston-RI-02919