1. Rhode Island
  2. Providence
  3. 38 Mawney Street
$875,000

38 Mawney Street, Providence, RI 02907

  • 1 bed |
  • 3 baths |
  • 3,470 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $252/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Investment Opportunity! Here's your chance to add to your portfolio or begin your investment journey. Originally the Edwin Turner mansion, this 1880 Italianate is an 8 unit building in the heart of historic Elmwood. The property is a mix of studio apartments, 2 room efficiencies and one bedroom units - each unit with its own mini-split system for heat and A/C. There is a third floor that has roughed rooms but has never been developed. This could be an opportunity to add an ADU. And then there's the land, and there's a lot of it. With an over 16,000 sq ft lot the new owner has potential to work with the City to explore future development. The property has long term tenants with 6 on a month to month lease and 2 on a yearly rotation. Please reach out to the listing agent for additional information. All showings will be arranged as group showings for ease to the tenants. This is one to see! Also listed as commercial multi 5 plus MLS # 1382506

Listing Status:
Pending
Date Added:
April 14, 2025 at 05:00AM
Listing Office:
Domain Properties : 401-331-7100
MLS ID:
1382505

This listing courtesy of Domain Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Charles N. Fortes Academy

234 Daboll St, Providence, RI, 02907

Grades PK-1

0.19 miles away

G

Gilbert Stuart Middle School

188 Princeton Ave, Providence, RI, 02907

Grades 6-8

0.16 miles away

D

Dr. Jorge Alvarez High School

375 Adelaide Ave, Providence, RI, 02907

Grades 9-12

0.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.