Address
1373 Smith Street, North Providence, RI
Price
$ 499,900
Property Attributes
  • MLS#1330511
  • TypePending
  • CountyPROVIDENCE
  • CityNorth Providence
  • NeighborhoodRhode Island College- Fruit Hill
  • Zip02911
  • StyleCommercial
  • Price$ 499,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4559
  • Lot Size0.245983 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Rare Investor opportunity to own a multi zoned property. The property was originally built as a nursing/ assisted living facility but has since been home to the New Hope Community Church of Christ and New Hope Mission from 2009 on. Operating as a mens christian sober living facility the property was designed to house 18 residents with a common living room, common kitchen, and common dining room. Many of the mechanicals have been updated including electrical and very high end fire suppression system. The property is currently in operation so buyers please be respectful of residents privacy.

Price History
2/27/2023 Listed $499,900

General Features

Sewer Connected
Cooling None
Utilities NaturalGasConnected,SewerConnected
Possession Immediately
Zoning CP
Security Features BuildingSecurity
Construction Materials Frame
Year Built 1930
Electric Item200AmpService,CircuitBreakers
Tenant Pays None
Property SubType Commercial
Tax Year 2023
Gross Income 14160.0
OwnerPays AllUtilities
Business Type Other
Community Features Clubhouse
Business Name New Hope Community Church and New Hope Mission
County Providence
Net Operating Income 6179.0
Operating Expense 7981.0
Insurance Expense 465.0
New Construction No
Property Type CommercialSale
Association Amenities RecreationFacilities,RecreationRoom
HOA / Comm Assn No
Attached Garage No
MaintenanceExpense 230.0
Subdivision Name Rhode Island College/ Fruit Hill
Garage Y/N No
Building Features PublicRestrooms
Status Pending
City North Providence
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 1
Lot Size Units SquareFeet
Lot Size Square Feet 10715.0
Waterfront Y/N No
Carport Y/N No
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 0.0
Electric Expense 750.0
Home Warranty Y/N No
Fuel Expense 800.0
Trash Expense 230.0
Water Sewer Expense 175.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 133
Lease Type Gross
Standard Status Pending
Tax Assessed Value 619900
Tax Lot 90
Ownership Type Corporation
MobileHomeRemainsYN No

Interior Features

Basement Full
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Above Grade Finished Area 4559.0
Laundry Features LaundryRoom
Electric On Property Y/N No

Exterior Features

Total Parking 2.0
Lot Size Area 10715.0
Foundation Details ConcretePerimeter
Number of Buildings 1
Spa No
Building Area Total 4559.0
Road Surface Type Asphalt
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 02911

Price
AVG $420K
$500K
Visits
AVG 171
556
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1930
Walkscore
AVG 49
70
Data Provided by Walkscore® not using MLS data