CCertihomes
1273 North Main, Providence, RI 02904

$1,000,000

12 beds 7 baths Built 1920Active

About this home

Don't miss out on this incredibly rare investment opportunity. This unique property boasts 2 thriving commercial units along with 6 inviting residential spaces. Located in a high-traffic area, this gem has tremendous profit potential. With prime occupancy, this investment opportunity offers a stable income stream. Each residential unit exudes comfort and convenience, in a vibrant neighborhood that adds to its appeal, ensuring high demand for both commercial and residential spaces. All residential units are currently occupied and one of the two retail spaces are vacant. Experience the perfect mix of business and residential living in this sought-after location. Don't miss out on the potential of this flourishing property.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$9,983/mo

Real estate (PITI + HOA + PMI)
$7,660
Principal + interest$4,535
Property tax + insurance$2,750
PMI / 2nd mortgage$375
Utilities
$4,924
Heating + cooling$2,309
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$140
$9,983/mo TLC
Budget$10,483/mo
Remaining after TLC$500/mo
Purchase price
$1,000,000
Down payment
$50,000 (5%)
Loan amount
$950,000
APR
4%

Quick facts

Type
Rental
Style
Year built
1920
Lot size
0.13 ac
Stories
0
Heating
Natural Gas, Forced Air
Cooling
None
Water
Connected
HOA
Annual tax
$16,711
MLS #
1356392
County
Providence

At a glance

Basement

Home features

Appliances
Gas Water Heater
Parking
No Garage
Flooring
Hardwood, Laminate
Sewer
Connected

Neighborhood — 02904

MetricThis ZIPCountyUSA
Population30,6261,095,423299,088,112
Population Change Since19905.00%9.00%20.00%
Population Density5,764994
Male14,396529,266147,432,321
Female16,230566,157151,655,844
Never Married7,686266,40463,775,926
Married11,739435,678123,120,365
Separated1,18443,64212,639,686
Widowed2,53866,66815,467,586
Divorced2,64283,84323,075,029
Number Of House Hold13,646410,399111,826,380
Average House Hold Size2.222.562.60
Medial Age40.4637.2735.46
Median House Hold Income$40,657$47,553$48,276
Average House Hold Income$52,601$61,609$63,629
P C I$23,626$23,965$24,529
M D I$35,491$40,634$41,133
A T H E$45,008$49,940$50,898
S T R7.00%7.00%
W C J80.55%78.02%77.74%
(Zip) Code
2904

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 4/9/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.