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$ 2,950,000
Est. payment | /mo
7,600 SqFt
$ 2,950,000
Est. payment | /mo
7,600 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,600 sqft
Price per Sqft $388
MLS Listing ID 73570688
HOA Y/N false
Year Built 2024
Annual Tax Amount $36,500
Tax Year 2026
Lot Size 9,147 Sqft
Acres 0.21
Property Description
A distinguished 1887 Second Empire mansion prominently situated along Broadway, one of Providence's most recognizable and desirable West Side corridors. Comprehensively renovated in recent years, this architecturally significant property has been thoughtfully transformed into ten distinctive residential units, offering a mix of studio, one-, two-, and three-bedroom layouts. The property presents a compelling combination of irreplaceable historic character, modern building systems, and established in-place income within one of Providence's strongest rental markets. Throughout the building, the renovation carefully preserves many of the mansion's exceptional original details, including ornate paneled walls, marble fireplaces, parquet flooring, and crystal chandeliers, while incorporating the amenities expected by today's residents. Units feature updated kitchens and designer baths complemented by extensive mechanical and infrastructure improvements. Recent capital improvements include electrical and HVAC upgrades, a new fire alarm system, and a fully sprinklered building. Additional amenities include dedicated common laundry facilities and secure bicycle storage. 215 Broadway represents a rare opportunity to acquire a substantial, income-producing multifamily asset where historic Providence architecture and modern improvements come together in an exceptional West Side location.
Location
State RI
County Providence
Zoning RP
Direction West of Interstate 95
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, Three Phase
Roof Type Tar/Gravel
Others
Senior Community false
Listed by Broadway Real Estate Group LLC
NEARBY SCHOOL & BUSINESS