Providence, RI 02907,40 Melrose St
Providence, RI 02907,40 Melrose St
Providence, RI 02907,40 Melrose St
Providence, RI 02907,40 Melrose St
Providence, RI 02907,40 Melrose St
Providence, RI 02907,40 Melrose St
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$508,000

$499,900

1.6%
Est.Price: ?

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Est. payment /mo

5 Beds

4.5 Baths

3,500 SqFt


SOLD DATE : 09/04/2023

Key Details

Sold Price $508,000

Property Type Multi-Family

Sub Type 3 Family - 3 Units Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $145

MLS Listing ID 73133108

Sold Date 09/04/23

Bedrooms 5

Full Baths 4

Half Baths 1

Year Built 1911

Annual Tax Amount $8,154

Tax Year 2022

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 3 Family - 3 Units Side by Side

Property Description

This property offers a rare opportunity to acquire and establish a daycare center with over 2900 sq. ft. of space, perfect for serving preschool children. The MorningStar program, along with an after-school program, provides a comprehensive learning experience for children. The property features four sections of open space, a private faculty room, and an on-site management office. The fenced yard provides a safe area for children to play, while security cameras and a secure entrance ensure the safety of all visitors and staff. The building is also equipped with fire alarm systems and interior sprinklers, providing an added layer of safety. In addition to the daycare center, the property also includes two residential units on top, providing an opportunity for additional income. This is truly a great beginning for an early learning center, and an amazing opportunity not to be missed.

Location

State RI

County Providence

Zoning R-2

Direction I95 exit 338 from south and I95 exit 34 from North

Rooms

Basement Full, Partially Finished

Exterior

Total Parking Spaces 6

Garage No

Building

Story 5

Foundation Concrete Perimeter, Block

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Century 21 Limitless
Bought with Samuel Alba • Innovations Realty
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