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Property profile

824 Broad St Providence, RI 02905

OFF-MARKET
Mixed-use properties
Property ID
US76-0147832
2,678 SF Built 1930
Individually Owned
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Property summary

AI-generated overview

This exceptional mixed-use property at 824 Broad Street in Providence, Rhode Island, presents a unique investment opportunity. Built in 1930, the 2,678 square foot building sits on a 4,356 square foot lot and currently features two units. The first floor previously housed a beauty salon, barber shop, and two separate business offices, each with its own entrance. Amenities include two bathrooms, gas heat, and central air conditioning. In 2021, the second floor was renovated into a single residential apartment, boasting a living room, dining room, kitchen, a large bathroom with a bathtub and stand-alone shower, and laundry hookups. The property offers ample parking with space for four cars. The existing configuration allows for easy conversion into three or four apartments, or a combination of commercial and residential spaces, potentially including a three-bedroom townhouse-style apartment. This versatile property is ideally situated in Providence, RI, zip code 02905, offering significant potential for future development and strong rental income. The asking price is $575,000.

Property profile

Verified
Property type Mixed-use properties
Year built 1930
Total area 2,678 SF
UPID US76-0147832

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • Hair Salon Nail Salon

Location

824 Broad St Providence, RI 02905
Providence metro
Google Maps

Value estimations

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Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2025
$520,000
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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