375 Waterman Av East Providence, RI $ 275,000
375 Waterman Av
$ 275,000
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375 Waterman Av

East Providence, RI, 02914
$ 275,000
Bedrooms-- Baths0.0 Sq 3,478

Monthly Estimate*

$ 1,560

375 Waterman Av, East Providence, RI 02914 - Image 1
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Commercial Property for sale in East Providence, RI

for $275,000. This 3,478 square foot building was built in 1890 on a lot size of 0.15 Acre(s).

Great opportunity to own this highly visible corner lot 2 unit mixed use building in East Providence! Located just outside the downtown area on the very highly traveled Waterman Ave! This location runs parallel to Rte 44 out of East Providence downtown and is walking distance to the downtown area and multiple other business's. The sale is for the building only, not the business on the first floor. Please do not inquire within or disturb the occupants of the business. Long term tenants in place in both the commercial unit on the first floor as well residential unit on the second floor. The footprint of the lot extends approximately 25 feet from the right side of the building offering additional parking spaces along with off street parking. The second floor has a heat and a/c unit in the attic that services the second floor unit. The first floor unit has space heater split zones, heat only and wall unit A/C units. While this building will require renovations, it offers tremendous value to the savvy investor! Cash or renovation loans preferred, may not qualify for conventional financing. Inquire with your bank first. Tenants are in place. Buyers and agents, please perform due diligence for any other possible uses for this site.

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Commercial Pending

Price

$ 275,000

Property Type

Commercial

Taxes

$ 6,845

Lot Size

0.15 Acre(s)

Year Built

1890

Town/City

East Providence

County/Region

Providence

MLS | Web ID

1299990

Features
Interior
Appliances Fire Alarm
Basement Full Basement
Cooling System Air Conditioning Central Air Individual Units Wall Unit(s)
Heating Source Gas
Heating System Central Heat Forced Hot Water Yes
Water Source Connected
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Exterior
Construction Brick Frame
Land Improvements Sidewalks
Parking 1-20 Parking Spaces
Road Frontage Blacktop Other
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Miscellaneous
Location Near Highway Near Hospital Near Shopping
Public Transportation Location Public Bus
Utilities Electric 100 Amps Electric 200 Amps Electric None/Unknown Gas Natural Gas
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Rental
Owner/Landlord Pays Sewer Water
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* Excluded Features
List By
Keystone Property Group, Llc

Broker

Affordability Calculator

$2,130
Per Month
73%
27%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
$570
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
1/4/2022$275,000 -8.03% Price Down
12/11/2021$299,000 Listed Price

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375 Waterman Av , East Providence, RI, 02914 is a Commercial Property for sale at $275,000 with 3,478 sqft and a lot size of 0.15 Acre(s). 375 Waterman Av has 0.0 baths and was built in 1890. The property's zip code is 02914 which is in East Providence, RI