ADDRESS
369 S MAIN STREET
PROVIDENCE, RI 02903
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$1,249,900
93 Days On Site
341 Burnside AvenueWoonsocket, RI 02895
For Sale|Multi Family|Pending
18
Beds
6
Total Baths
6
Full Baths
7,740
SqFt
$161
/SqFt
1900
Built
Subdivision:
Blackstone, MA/RI Line
County:
Providence
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(401) 447-8040
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This is a chance to own (6) 3-bedroom residential units and (1) stand-alone commercial building [1,056 sq. ft.] with a successful family-owned business that has thrived for decades. Multiple financing options available. Pete's Bait Shop is being sold with a history of success within the fishing community. Inquire for more information on business financials. The (6) residential units each span 1,110 +/- sq. ft, and are currently all rented. Current rents are below market. Proforma rent per unit is conservatively $1,400-1,700 per unit ($100,800-$122,400 annually) with minimal updating needed to obtain these proforma numbers. Not included in our valuation is the 4-bay garage that is large enough for 6 cars, nor does it include income from the existing business. Market rent for the commercial unit is between $2,000-$3,000 per month.
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Listing Snapshot
Price
$1,249,900
Days On Site
93 Days
Bedrooms
18
Inside Area (SqFt)
7,740 sqft
Total Baths
6
Full Baths
6
Partial Baths
N/A
Lot Size
0.2647 Acres
Year Built
1900
MLS® Number
1379537
Status
Pending
Property Tax
$11,140
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Status changed to Pending | |
| a month ago | Price changed to $1,249,900 | |
| 3 months ago | Listing first seen on site |
General Features
Acres
0.2647
Foundation
Stone
Garage
Yes
Garage Spaces
6
Number Of Stories
3
Parking
DetachedGarage
Parking Spaces
18
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Above
7740
SqFt Total
7740
Utilities
Sewer Connected
Water Source
Public
Interior Features
Appliances
DryerDishwasherGas Water HeaterOvenRangeRefrigeratorWasher
Basement
FullInterior EntryUnfinished
Electric
Circuit Breakers
Fireplace Features
None
Flooring
CarpetHardwoodLaminate
Heating
Natural GasBaseboardSpace Heater
Laundry Features
Common Area
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Exterior Features
Construction Details
PlasterAluminum SidingVinyl Siding
Community Features
Community Features
Restaurant
Financing Terms Available
Lease Back
Listing courtesy of The WP Group of Smith and Oak Real Estate Co. 4012818491
Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-06-09 01:44 PM UTC
Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-06-09 01:44 PM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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