RI > Providence > College Hill
Providence, RI 02906,264 Bowen ST
Providence, RI 02906,264 Bowen ST
Providence, RI 02906,264 Bowen ST
Providence, RI 02906,264 Bowen ST
Providence, RI 02906,264 Bowen ST
Providence, RI 02906,264 Bowen ST
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L&L Homes Team

L&L Homes Team

+1(508) 649-5646
$ 2,050,000
Est. payment | /mo

4,570 SqFt

Save
$ 2,050,000
Est. payment | /mo
Save

4,570 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,570 sqft

Price per Sqft $448

Subdivision College Hill

MLS Listing ID 1391984

Maintenance Fees $4,500

HOA Y/N No

Abv Grd Liv Area 4,570

Year Built 1890

Annual Tax Amount $25,116

Tax Year 2025

Lot Size 6,534 Sqft

Property Sub-Type Commercial

Property Description

Turn-Key College Hill Gem- 5 Apartments and 2 Office spaces with Strong Rental History. Discover a rare investment opportunity in the heart of Providence's vibrant College Hill, directly across from Brown University's athlectic complex! This meticulously maintianed property, renovated and managed by an owner/carpenter, features Five one bedroom apartments and two office spaces, offering immediate income and growth potential. Five Modern Apartments: Each one bed unit boasts granite and stainless kitchens, gleaming hardwood floors central Hvac and access to coin-op laundry.Kept in pristine condition, these apartments have been consistently rented for 12 years to Brown University post grad/allumni with below market rents offering significant upside for future increases. Turn-Key and tailored for quick turnover, these units are ideal for investors or owner- occupants seeking a premium living space. Stable and Flexible Commercial spaces: The main office space is secured by a five-year lease with a reliable long term tenant (12 years and counting)featuring built-in rent increases for steady income. A smaller unoccupied office offers versatility-perfect for a new tenant or for an owner's personal use. Prime Location: Situated in the heart of College Hill, steps from Brown University and local amenities, this property benifits from high demand due to its walkabilty and proximity to campus and medical facilities.The Location ensures strong tenant interest and excellent visibility.

Location

State RI

County Providence

Community College Hill

Rooms

Basement Full

Interior

Heating Central, Gas

Cooling 1 Unit, Central Air

Furnishings Furnished

Laundry Common Area, Laundry Room

Exterior

Pool Community, Indoor

Community Features Business Center, Clubhouse, Highway Access, Maintenance On-Site, Near Hospital, Near Schools, Playground, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks, Tennis Court(s), Trails/Paths, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected

Amenities Available Business Center, Indoor Pool, Maintenance, Playground, Pool, Recreation Facilities, Restaurant, Recreation Room, Tennis Court(s), Trail(s)

Street Surface Asphalt

Total Parking Spaces 9

Building

Lot Description Historic District

Story 3

Foundation Stone

Sewer Connected, Storm Sewer

Water Connected, Public

Level or Stories 3

New Construction No

Others

Tax ID 264BOWENSTPROV

Security Features Building Security,Carbon Monoxide Detector(s),Fire Alarm,Smoke Detector(s),Security Lights

© 2025 State-Wide Multiple Listing Service. All rights reserved.
Listed by McCarthy's Realty
agent
L&L Homes Team

Licensed in MA, CA, RI | License ID: 9527841

+1(508) 649-5646 | info@llhomesteam.com

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