15 Thomas Street, North Providence, RI 02911
sale
$1,490,000
|
Apartment
Courtesy Of Westcott Properties Inc
Introducing 15 Thomas Street-a prime, turnkey mixed-use property delivering strong, diversified income & exceptional versatility for both investors & owner-occupants. The property is thoughtfully configured to maximize revenue potential across commercial & residential uses. The first floor has two well-finished commercial suites: a polished real estate office featuring two private rooms, a half bath, & central AC, & a stylish three-room move-in ready bridal salon, ideal for a service retailer or boutique. The lower level expands the income stream with a nail salon & a 1-bed, 1-bath apartment. Both commercial & residential tenants enjoy modern amenities, gas heat, & central AC. Upstairs, the second & third floors offer a spacious townhouse-style apartment with six beds, two full baths, & a generous common area. This unit is currently leased as workforce housing, providing excellent monthly returns. For added value, the site features a detached cottage. ** Ample on-site parking accommodates both commercial clients & residents, & the property's CV zoning supports a mix of uses for ongoing stability.**Strategically located with quick access to Route 44 & I-295, 15 Thomas Street is in a vibrant neighborhood with strong tenant interest. Ideal for investors or owners seeking reliable cash flow, asset appreciation, or a hybrid live-work opportunity, this meticulously maintained property delivers an unmatched return on investment and future upside.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Frame
- Heating System: Forced Air
- MLSID: 1401906
- Parking Spaces: 10
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