100 Harold St Providence, RI 02908
- Investment properties
- 5,330 SF
- 0.06 lot acres
Current Use by Public Records
- Los Minas Market / Grocery Store
Property Details for 100 Harold St
- Year built
- 1899
- Construction
- FRAME
- Lot size
- 0.06 lot acres
- Property size
- 5,330 SF
- Zone code
- R-3
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- PROV M:65 L:196
- APU
- PROVM65L196
Description
This exceptional commercial property at 100 Harold Street, Providence, RI, presents a lucrative mixed-use investment opportunity. Spanning 5,850 square feet on a 0.06-acre lot, the property boasts five residential units, each offering two bedrooms and one full bathroom. These units provide a stable rental income stream, complemented by a sizable retail space perfectly suited for a variety of businesses. The strategic location ensures excellent visibility and accessibility, with convenient access to major highways and local amenities. Off-street parking is provided, enhancing the property's appeal to both residents and commercial tenants. The property's versatile layout and prime location in Providence, RI, make it an ideal investment for those seeking a blend of residential and commercial income. The asking price is $875,000. This property offers significant potential for long-term growth and return on investment, making it an attractive proposition for discerning investors seeking a strong foothold in a thriving market. The combination of residential and commercial space creates a diversified income stream, mitigating risk and maximizing profitability. The property's features, coupled with its convenient location, promise a high occupancy rate and consistent rental income.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $790,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $840,000
- 6.5%
- $810,000
- 7%
- $705,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $965,000
- Geo Method
- $835,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $700,000
- Retail
- $770,000
- Mixed-Use
- $755,000
- Hospitality
- $780,000
- Educational
- $825,000
- Residential Income
- $805,000
- Energy
- $630,000
- Income-Based Land
- $705,000
- Food Service
- $705,000
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4388
- Latitude
- 41.8296
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
