177 Reservoir Ave Providence, RI 02907

Property Details for 177 Reservoir Ave

Lot size

0.07 lot acres

Property size

3,200 SF

Property type

Commercial real estate

Description

This renovated two-family home, situated in Providence's Reservoir Triangle, offers 3,200 square feet of living space on a 0.07-acre lot. The property boasts recent updates including a new roof, kitchen, bathroom, and flooring, along with a high-efficiency on-demand heating system. Conveniently located minutes from the highway and Roger Williams Park, it also enjoys proximity to various dining establishments. The unfinished third level presents significant potential for customization and added value. The asking price is $449,900. This mixed-use property presents a compelling investment opportunity due to its location, recent renovations, and the potential for expansion in the unfinished third-floor space. The property is zoned for mixed-use, allowing for a variety of potential uses. The property's proximity to major roadways and amenities makes it attractive to both residents and businesses. The current configuration is a two-family home, but the unfinished third floor could be developed to increase rental income or create additional living space. The high-efficiency heating system contributes to lower operating costs. The property's size and location make it a strong candidate for future appreciation. The combination of residential and potential commercial use makes this a versatile investment.