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$529,000

217 Elmwood Avenue
Providence, RI 02907
Listed by Rachel Wills
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1925

About this home

Elmwood Residential/Commercial Multi-family in prime location. Excellent investment opportunity with this mixed-use property with very high traffic count. Located on a corner lot creates high visibility. Desirable location with easy access to shopping, downtown, interstate and airport. First floor offers a bright and meticulously kept commercial space and front porch - Could also be a residential apartment. The second floor consists of a 2 bedroom stylish apartment with great additional square footage potential (expand to third floor to create a chic townhouse). Replacement windows, artisan hardwoods & period charm. Laundry in basement. Long-term tenants at will. Rents are markedly below current demand. Off- street parking. Property will convey in As-Is condition. Sale is for property only. Schedule your private showing today. Property also listed in MLS /Multi-Family #1397231

Property details

MLS #
1404147
Property type
Commercial,Commercial Sale
Subdivision
Elmwood
Status
Active
Days on market
174
On market date
February 4, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.12 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
SouthSide Elementary Charter
0.33 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
143
Student:teacher ratio
17.9:1
District
SouthSide Charter School
MiddleCharter
Providence Preparatory Charter
0.3 mi away · Grades 5-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
112
Student:teacher ratio
12.4:1
District
Providence Preparatory Charter
High
Providence Career Technical
0.28 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
659
Student:teacher ratio
9.8:1
District
Providence

Mortgage calculator

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Est. monthly payment
$3,336/mo
$105,800 down
$423,200 loan
Principal & interest$2,745
Property tax (est.)$441
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 29 days ago.

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.