1031 Exchange

North Providence, RI 1031 Exchange Properties for Sale

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Providence, RI Johnston, RI Smithfield, RI Cranston, RI Pawtucket, RI Woonsocket, RI Lincoln, RI
Recovery House with 24-Bed Capacity
Updated: Apr 4
Recovery House with 24-Bed Capacity

1373 Smith Street, North Providence, RI 02911

$1,620,000
4,559 sqft
4,559 SF recovery house built in 1930 with 11 bedrooms and service capacity for 24 beds
4 full bathrooms total, including 1 ADA‑accessible bathroom
Renovation completed in 2024 with $290,800 renovation cost
Includes a full kitchen, 2 common/dining areas, office, and sunroom
20‑year lease began in August 2023; current lease payment is $145,800
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in North Providence, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Three-Family Property
Updated Three-Family Property

44 Mozart Street, Boston, MA 02130

$2,675,000
4,608 sqft

Three updated residences offer large-bedroom layouts, private outdoor space, central air, in-unit laundry, and tandem off-street parking.

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Renovated Duplex Near Harvard Avenue
Renovated Duplex Near Harvard Avenue

24 Chester St, Boston, MA 02134

$1,800,000
4,086 sqft

Two residential units offer in-unit laundry, central air, hardwood flooring, and updated kitchen finishes.

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Two-Unit Rental Property
Two-Unit Rental Property

57 Hazael St, Providence, RI 02908

$385,000
1,104 sqft

Two residential units feature separate layouts, while the basement adds storage, laundry space, and a full bathroom.

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Duplex with One-Car Garage
Duplex with One-Car Garage

57 Hazael Street, Providence, RI 02908

$385,000
1,104 sqft 0.07 AC lot

Each residence has a kitchen, living room, bedroom space, and a full bath.

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North Providence, RI 1031 Exchange Properties Market Trends and Statistics

Explore 1 1031 exchange properties for sale in North Providence, RI on our real estate platform. These investment opportunities span a total of 4,559 square feet of properties for sale, with an estimated market value of $1,620,000.

Sale prices for 1031 exchange properties in North Providence, RI average $1,620,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

NNN properties 2
1031 exchange properties 1

Demographics Overview

Population 87K
Population Growth (5Y) +2.1%
Median Household Income $72,693
College Educated 42.4%

High-Yield Neighborhoods for Investment

Identify North Providence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02911 $1.6M

Taxes & Financing

Tax Rate (average for all types) 2.37%
Property Tax per SF $18.86 per SF
Tax Rate vs County Average 0.42 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Providence County

New Delisted

Total CRE Inventory on Market (SF)

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