$575,000

217 Elmwood Avenue, Providence, RI 02907

3 beds |
2 baths |
2,570 sqft

Multi-Family Home
Built in 1925
5,227sqft lot
—— car garage
$224/sqft
Listed 24 days ago

Property Description

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!

Listing Status:: Active
Date Added:: October 15, 2025 at 05:00AM
Listing Office:: Peter M. Scotti & Assoc.,Inc. : 401-421-8888
MLS ID:: 1397231

General: AtticBathtubInterior StepsPermanent Attic StairsStorageStall ShowerTub Shower
Appliances: OvenRangeRefrigeratorWater Heater
Laundry: Common Area
Basement: FullInterior EntryUnfinished
Flooring: Ceramic TileHardwood
A/C: 1 Unit
Heating: GasHot Water
Fireplace: FireplaceFireplaces: 1

Parking: No GarageParking spaces: 4

General: DrywallWood Siding3Brick/Mortar

Originating MLS: RIS_RIS
County: Providence

Zoning: 217ELMWOODAVPROV

Utilities: Sewer Connected150 Amp Service
Water: ConnectedMultiple Meters
Sewer: Connected

Source: RIS_RIS

This listing courtesy of Peter M. Scotti & Assoc.,Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Charles N. Fortes Academy

234 Daboll St, Providence, RI, 02907

Grades PK-1

0.28 miles away

Gilbert Stuart Middle School

188 Princeton Ave, Providence, RI, 02907

Grades 6-8

0.17 miles away

Providence Career Technical

41 Fricker St, Providence, RI, 02903

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.