Commercial/Residential mixed-use building for sale! Perfect opportunity for investment or owner-occupy. Attractive building on a corner lot that has been well maintained. Great steady income producing property. Featuring 2 existing apartments & a 3rd level with expansion potential. Plenty of off street parking and separate utilities. Apartments are 2 bed 1 bath each with hardwood flooring and plenty of natural light. The sizable commercial storefront which is currently outfitted as a hair salon is ready to start doing business immediately. This property is clean, fresh and in turnkey condition throughout! A fantastic opportunity to own, live and generate income all in one location. Close proximity to all area shopping, restaurants, amenities, the interstate and downtown! PROPERTY SOLD "AS-IS" AND MAY NOT QUALIFY FOR ALL TYPES OF FINANCING Please Note: Sale is for the property only and does not include salon equipment which can be negotiated separately.
For sale
$675,000
342 Academy Ave, Providence, RI 02908
4beds
3,327sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$672,000 Zestimate®
$203/sqft
$-- HOA
What's special
Hardwood flooringSizable commercial storefrontPlenty of natural lightCorner lot
- 21 days
- on Zillow |
- 356 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 26, 2025 at 10:04pm
Listed by:
Nicholas Ferrara 401-952-4072,
Coldwell Banker Realty
Source: StateWide MLS RI,MLS#: 1390122

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas, Central Air, Gas on Gas
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: In Building
Features
- Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
- Flooring: Laminate, Other, Vinyl
- Basement: Full,Interior Entry,Unfinished,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,327
- Total interior livable area: 3,327 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: No Garage
Features
- Stories: 3
Lot
- Size: 4,508.46 Square Feet
- Features: Corner Lot
Details
- Parcel number: PROVM84L231
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Paneled, Plaster, Vinyl Siding
- Foundation: Unknown
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
- Subdivision: Mount Pleasant
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $261,400
- Annual tax amount: $9,175
- Date on market: 7/16/2025
- Inclusions: SALON EQUIPMENT TO BE NEGOTIATED SEPARATELY
- Total actual rent: 1400
- Tenant pays: Heat
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