Property profile

85 Burgess Ave East Providence, RI 02914

OFF-MARKET
Investment properties
Property ID
US76-0117573
0.11 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional East Providence property presents a rare live/work opportunity. The offering encompasses two buildings situated on a 5,005 square foot lot. One building is a single-family home boasting approximately 1,000 square feet of living space, including three bedrooms and one full bathroom plus a half bath. This provides comfortable residential quarters, ideal for minimizing commute times or generating rental income. The second building, a 1,000+ square foot commercial structure, offers a versatile blank canvas for various business ventures. Currently utilized for hydroponic agriculture, this space readily adapts to workshops, offices, or other suitable uses. The property features private off-street parking, a significant advantage in this location. Its convenient proximity to Route 195, downtown Providence, shopping centers, and restaurants enhances its appeal. The total building square footage is 1,967 square feet. The asking price for this unique property is $350,000. Additional photos are forthcoming.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.11 ac (5,005 SF)
Zoning code R6
APN EPRO M:016 B:12 L:008 U:10
UPID US76-0117573

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
  • Grocery & Convenience Store Food Market

Location

85 Burgess Ave East Providence, RI 02914-5201
East Providence metro Census 10400 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2025
Last sale
$322,500
6 recorded transactions
2025
$322,500
2024
Price N/A
2020
$235,000
2020
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

R6 · East Providence, RI

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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