$1,620,000
About this home
The subject is a 4,559 SF recovery house containing 11 bedrooms, 4 full bathrooms (1 is ADA accessible), a full kitchen, 2 common/dining areas, an office, and sunroom, with a service capacity of 24 beds. A $290,800 renovation was completed in 2024. Because of its location on a major route near Providence, the subject has central access to major linkages, interstate highways, public transportation, retail stores, services, and municipal facilities. The property is encumbered with a 20-year lease that began in August 2023, with a current payment of $145,800, as an expense to the operation, with a 9.00% cash on cash return to a potential buyer, which is significant in today's market and perfect for a 1031 buyer.
Property details
- MLS #
- 73523340
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- N/A
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.25 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 377
- Student:teacher ratio
- 14.0:1
- District
- North Providence
- Enrollment
- 405
- Student:teacher ratio
- 13.5:1
- District
- North Providence
- Enrollment
- 1,174
- Student:teacher ratio
- 14.5:1
- District
- Providence
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 28, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.