Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the R-3 Residential District is intended for higher density residential areas of detached single family, two family and three family residential development as well as rowhouse development, additionally, l…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-3 · Providence, RIThe purpose of the R-3 Residential District is intended for higher density residential areas of detached single family, two family and three family residential development as well as rowhouse development, additionally, l…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the R-3 Residential District is intended for higher density residential areas of detached single family, two family and three family residential development as well as rowhouse development, additionally, l…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-3 in Providence, RI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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