$699,900

About this home

How often do you find a 3-Family Investment property with two garages? Not often, but you do here at 1172 North Main St! This spacious three unit property offers strong income potential, an excellent location, and opportunities for future growth. Each generously sized unit features three bedrooms with potential for increased rental income. 2 detached garages provides an additional revenue stream for the current owner and offers potential for an accessory dwelling unit (ADU), subject to municipal approvals. The property features low-maintenance vinyl siding, gas heat, hardwood floors, off street parking, and a three year old roof. The basement features 3 separate utilities for each unit, potential for a laundry room, and tenant storage. Zoned C-2 Commercial, the property offers flexibility for a variety of potential uses and future development opportunities, subject to applicable zoning and permitting requirements. Conveniently situated near major highways, Whole Foods, LA Fitness, restaurants, shopping, the East Side of Providence, and downtown, this location offers great vicinity to public transportation, and a car-free lifestyle. For investors seeking to expand their portfolio, the property may also be purchased as a package with 1166 North Main Street, the 3 family right next door, and possibly a third lot. We hope you will come take a look at this wonderful opportunity for your residential and investment needs!

Property facts

Property type

Multi Family

Year built

1900

Lot size (acres)

0.11

Total rooms

15

Garage spaces

2

Total parking

6

Annual taxes

$7,286

Tax year

2025

County

Providence

Features

Heating

Natural Gas, Baseboard, Forced Water, Gas Connected

Cooling

None

Basement

Full, Interior Only, Unfinished, Laundry, Storage Space, Utility

Appliances

Oven, Range, Refrigerator, Electric Water Heater

Interior

Wall (Paneled), Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)

Fireplace

None

Laundry

Off Site

Parking

Detached

Construction

Paneled, Plaster, Vinyl Siding

Utilities

Sewer Connected, Water Connected

Sewer

Public

Water

Public

Community

Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis

Lot

Out Building, Paved Driveway, Paved

Location