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230 George Washington Highway Smithfield, RI $ 2,879,000
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$ 2,879,000 Get more info
230 George Washington Highway
$ 2,879,000
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230 George Washington Highway

Smithfield, RI, 02917
$ 2,879,000
Bedrooms2 Baths1.1 Sq 1,275

Monthly Estimate*

$ 18,178

230 George Washington Highway, Smithfield, RI 02917 - Image 1
230 George Washington Highway, Smithfield, RI 02917 - Image 2
230 George Washington Highway, Smithfield, RI 02917 - Image 3
230 George Washington Highway, Smithfield, RI 02917 - Image 4
230 George Washington Highway, Smithfield, RI 02917 - Image 5
230 George Washington Highway, Smithfield, RI 02917 - Image 6
230 George Washington Highway, Smithfield, RI 02917 - Image 7
230 George Washington Highway, Smithfield, RI 02917 - Image 8

Single Family Home for sale in Smithfield, RI

for $2,879,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,275 square foot home was built in 1938 on a lot size of 2.53.

Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft. retail. Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 George Washington Highway, totaling 6+ acres. Call for details. 230 George Washington Highway Residential Land Value 26 residential units $75,000 per unit = $1,950,000 Retail Land Value 9,000 sq. ft. $45 per sq. ft. = $405,000 gross annual rent Less 15% vacancy = $344,250 effective gross income Less 10% operating expenses = $309,825 NOI Retail land value: 3 years of NOI = $929,475 Proposed Land Value/Sale Price $1,950,000 residential value $929,475 retail value = $2,879,475

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Single Family Active

Price

$ 2,879,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 4,628

Style

Lot Size

2.53

Year Built

1938

Town/City

Smithfield

County/Region

Providence

MLS | Web ID

1421919
Features
General
Sewer Cesspool
Heating Hot Water Oil
Cooling Window Unit(s)
Utilities Water Available
Possession Negotiable
Zoning PC
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1938
Electric 100 Amp Service
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2023
Community Features Highway Access Near Schools Public Transportation Restaurant
County Providence
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 4
Full Baths 1
Status Active
City Smithfield
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 110207
Land Lease Y/N false
Tax Annual Amount 4628
Standard Status Active
Tax Assessed Value 0
Tax Lot 67
Property Sub Type Additional Single Family Residence
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Interior
Basement Full Unfinished
Flooring Other
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
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Exterior
Parking Features No Garage
Water Source Connected
Total Parking 4
Lot Size Area 110207
Foundation Details Concrete Perimeter
Building Area Total 1275
Lot Size Acres 2.53
Frontage Length 107
Covered Spaces 0
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* Excluded Features
List By
Balletto Realty

Broker

garyballetto@gmail.com

Email

Affordability Calculator

$18,564
Per Month
98%
2%
0%
Monthly Principal & Interest
$18,178
Monthly Property Taxes
$386
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
8/30/2026$2,879,000 Listed Price

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230 George Washington Highway, Smithfield, RI, 02917 is a Single Family Home for sale at $2,879,000 with 1,275 sqft and a lot size of 2.53. 230 George Washington Highway has 2 bedrooms, 1.1 baths, and was built in 1938. The property's zip code is 02917 which is in Smithfield, RI

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