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1186 Elmwood Avenue Providence, RI $ 649,900
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1186 Elmwood Avenue
$ 649,900
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1186 Elmwood Avenue

Providence, RI, 02907
$ 649,900
Bedrooms-- Baths-- Sq 3,644

Monthly Estimate*

$ 4,489

1186 Elmwood Avenue, Providence, RI 02907 - Image 1
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1186 Elmwood Avenue, Providence, RI 02907 - Image 9
1186 Elmwood Avenue, Providence, RI 02907 - Image 10
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1186 Elmwood Avenue, Providence, RI 02907 - Image 17
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Commercial Property for sale in Providence, RI

for $649,900. This 3,644 square foot building was built in 1900.

Great opportunity to purchase a mixed use property in Providence! This property consists of 2 commercial units and 3 residential units, the unit currently being rented as a studio apartment, could also be rented as a commercial unit. There is a 2 car garage with a small parking lot for about 7 vehicles. Newer windows, roof is approximately 5 years old, updated plumbing, updated electric and properly up-to-date with the fire safety system. Entire first floor has electric heat, the 2nd and 3rd floors have their own gas boiler. All floors have their own hot water heaters. The 2nd and 3rd floors have 2 bedrooms, but could also be used as a 3 bed. This property is fully rented. Seller has owned this property for over 25 years and has maintained it.

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Commercial Active

Price

$ 649,900

Property Type

Commercial

Taxes

$ 7,893

Style

Year Built

1900

Town/City

Providence

County/Region

Providence

MLS | Web ID

1428455
Features
General
Sewer Connected
Heating Baseboard Other
Cooling None
Utilities Cable Available Electricity Available Natural Gas Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected
Possession Close Plus 45 to 90 Days Close Through 45 Days Immediately Negotiable
Security Features Carbon Monoxide Detector(s) Fire Alarm Fire Escape Smoke Detector(s) Fire Sprinkler System
Construction Materials Other
Year Built 1900
Electric 100 Amp Service
Tenant Pays Cable TV Electricity Gas Heat
Stories Count 4
Property Subtype Commercial
Tax Year 2026
Business Type Mixed Other Residential
Community Features Highway Access Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Sidewalks Street Lights
County Providence
New Construction false
Property Type Commercial Sale
Subdivision Name Elmwood
Possible Use Commercial Multi-Family Mini Storage Mixed Use Office Other Place of Worship Residential Retail See Remarks
Garage Y/N true
Status Active
City Providence
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 3600
Number of Units Leased 5
Land Lease Y/N false
Tax Annual Amount 7893.48
Virtual Tour https://tour.RiLiving.com/1186-Elmwood-Avenue-Providence-RI-02907
Structure Type Apartment Multi Family
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 393100
Tax Lot 0174
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Interior
Basement Full
Furnished Y/N Unfurnished
Total Stories 4
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Corner Lot
Water Source Connected Public
Total Parking 8
Lot Size Area 3600
Foundation Details Combination Concrete Perimeter Stone
Number of Buildings 1
Building Area Total 3644
Road Surface Type Paved
Road Frontage Type City Street State Road
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* Excluded Features
List By
Dream Living Realty Llc

Broker

Lisa.RIHomes@gmail.com

Email

Affordability Calculator

$5,146
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$658
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/13/2026$649,900 Listed Price

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1186 Elmwood Avenue, Providence, RI, 02907 is a Commercial Property for sale at $649,900 with 3,644 sqft. 1186 Elmwood Avenue was built in 1900. The property's zip code is 02907 which is in Providence, RI

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