CCertihomes
1942 Smith, North Providence, RI 02911

$699,999

2 beds 4 baths Built 1898Active

About this home

Calling all investors! This unique property offers a truly fantastic income opportunity for someone with the right vision! 1942 Smith Street has undergone a total renovation and features 2 separate buildings. Building one offers a restaurant space with a full commercial kitchen, hostess area, and a sprawling dining area with full bar. The restaurant also has 2 bathrooms. Attached to the rear of the building is the first of two residential units, with a charming apartment featuring one bedroom and one full bathroom plus a cozy kitchen area. Continue to the rear of the property to find the carriage house featuring a one car garage, a huge bedroom, a nice kitchen with great cabinet space, living room, and more, all recently refinished with new flooring and an updated kitchen. The current owners have worked diligently to return this property to its former glory with two fantastic income earning residential units, plus a fantastic restaurant space housing an established business.

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
$6,100/mo

Real estate (PITI + HOA + PMI)
$5,043
Principal + interest$3,175
Property tax + insurance$1,605
PMI / 2nd mortgage$263
Utilities
$2,110
Heating + cooling$902
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$170
Car insurance + maintenance$170
Other (entertainment)
$140
$6,100/mo TLC
Budget$6,600/mo
Remaining after TLC$500/mo
Purchase price
$699,999
Down payment
$35,000 (5%)
Loan amount
$664,999
APR
4%

Quick facts

Type
Rental
Style
Year built
1898
Lot size
0.103 ac
Stories
0
Heating
Natural Gas, Baseboard, Central, Forced Air, Forced Water
Cooling
Central Air
Water
Connected
HOA
Annual tax
$9,675
MLS #
1359733
County
Providence

At a glance

Air conditioning
Garage (2)

Home features

Appliances
Gas Water Heater
Parking
Attached
Flooring
Ceramic Tile, Laminate
Sewer
Connected

Neighborhood — 02911

MetricThis ZIPCountyUSA
Population12,4251,095,423299,088,112
Population Change Since199010.00%9.00%20.00%
Population Density4,802994
Male5,783529,266147,432,321
Female6,642566,157151,655,844
Never Married2,941266,40463,775,926
Married4,819435,678123,120,365
Separated44843,64212,639,686
Widowed1,15566,66815,467,586
Divorced1,18883,84323,075,029
Number Of House Hold5,543410,399111,826,380
Average House Hold Size2.202.562.60
Medial Age39.9337.2735.46
Median House Hold Income$39,609$47,553$48,276
Average House Hold Income$49,692$61,609$63,629
P C I$22,538$23,965$24,529
M D I$34,609$40,634$41,133
A T H E$43,486$49,940$50,898
S T R7.00%7.00%
W C J76.60%78.02%77.74%
(Zip) Code
2911

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 5/22/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

1942 Smith · North Providence — $699,999 · Certihomes