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Roults Jean-Francois

jeanfrancoisgroupmgt@gmail.com +1(401) 316-9458

$ 1,775,000

Est. payment -/mo

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Active

203 Lexington AVE North Providence, RI 02904

0.45 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Mineral Spring & Lexington Avenue

MLS Listing ID 1401311

HOA Y/N No

Year Built 1986

Annual Tax Amount $34,228

Tax Year 2025

Lot Size 0.454 Acres

Property Sub-Type Commercial

Property Description

Unique opportunity to own a Two Garden Style (6-Unit buildings). Each building contains 6,144 square feet of gross building area for a total of 12,288 square feet, built in 1986. Two-bedroom apartments contain 895+/- square feet & the one-bedroom apartments contain 560 +/- square feet. Located just off Mineral Spring Avenue (203 Lexington Avenue & 3 Coleman Street). Situated on 19,783 square feet of land with approx. 30 paved on-site parking spaces. Electrical service is 200 Amp main service with each apartment having an individual 100-amp panel. Common laundry setup each building, individual gas fired FHW boilers with individual gas fired hot water tanks, wall air conditioning unit in apartments. Fire alarm system & smoke detectors. Lexington roof was replaced approximately in 2020.

Desirable multi zone (R-8 1/3rd & CP Commercial Professional 2/3rd). Combine the opportunity with a professional office building, see MLS #1401266. Can be sold as a package.

Location

State RI

County Providence

Community Mineral Spring & Lexington Avenue

Zoning R8 & CP

Rooms

Basement Full

Interior

Heating Baseboard, Gas, Hot Water

Cooling 1 Unit

Laundry Common Area, Laundry Room

Exterior

Community Features Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, High Traffic Location, Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Connected, Sewer Connected

Street Surface Asphalt,Paved

Total Parking Spaces 30

Building

Foundation Concrete Perimeter

Sewer Connected, Sanitary, Storm Sewer

Water Connected

Structure Type Brick,Frame

New Construction No

Others

Tax ID 203LEXINGTONAVNPRO

Security Features Carbon Monoxide Detector(s),Fire Alarm,Smoke Detector(s)

Acceptable Financing Lease, Lease Option

Listing Terms Lease, Lease Option

Virtual Tour https://tour.RiLiving.com/203-Lexington-Avenue-North-Smithfield-RI-02904

Listed by BisMarc Properties, LLC

Roults Jean-Francois

Agent | res.res.0042995

+1(401) 316-9458

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