Refine Search
Map
Sort by
$399,900
2 Beds ⋅ 3 Baths ⋅ 1421430 MLS ⋅ Tamarac Condominium Association BLDG.
Enjoy low-maintenance luxury in this beautifully renovated, move-in-ready end unit. This townhouse-style condo offers premium modern upgrades and effortless living from day one. Offering 2 spacious bedrooms, 2.5 bathrooms, and a coveted 1-car attached garage. Step inside to a bright, open-concept living space featuring high-quality waterproof laminate flooring, pristine modern paint tones, and large windows that flood the home with natural light. The seamlessly connected living and dining areas flow effortlessly into the heart of the home: a gorgeous, fully updated chef's kitchen. Equipped with premium countertops, sleek modern cabinetry, and updated appliances, it's a dream for both daily cooking and hosting guests. A stylishly updated half-bath completes this level for ultimate convenience. Upstairs, you will find two generously sized bedrooms, each acting as its own private retreat. The master suite features an incredible, fully remodeled spa-like bathroom complete with a custom tile walk-in shower and an elegant vanity. The second bedroom is equally impressive, offering ample closet space and quick access to its own dedicated, beautifully updated full bath. The unfinished basement features a dedicated laundry area, plenty of open room left over for storage. The Tamarac Condominium is pet friendly allowing one 50 pound dog, or two cats. The home is being sold furnished, and contingent on the owner finding suitable housing. This home is a must see, it won't last long!

12 Tamarac Drive Unit D, Smithfield
$699,000
3 Beds ⋅ 2 Baths ⋅ 1421942 MLS
These beautiful new construction homes are breaking ground this week, with occupancy expected by Thanksgiving! Offering approximately square feet of living space and a 2-car garage, buyers still have the opportunity to customize their home's floor plan and select finishes throughout. The open and spacious floor plan offers 3 bedrooms and 2 full bathrooms upstairs, with a proposed laundry room and third full bath on the lower level. Need more space or flexibility? Choose an in-law option on the lower level for an additional cost. Located off Cherry Hill Road and just minutes from the highway, these homes offer the perfect opportunity to make a brand-new home your own from the very beginning!

35 Kernwood Avenue 37, Johnston
$775,000
4 Beds ⋅ 3 Baths ⋅ 1421996 MLS
Introducing 86 Transit Street, a two-family property in the heart of Providence's East Side, just steps from Brown University and RISD. Great opportunity for owner-occupants. This versatile property includes a finished bonus space on the 1st floor, offering additional flexibility for investors or owner-occupants alike. Recent capital improvements include a new Utica direct-vent condensing gas heating system (January 2026) and a new hot water tank (2025), providing efficiency and peace of mind. The property features shared laundry and 2-3 off-street parking spaces. With strong rental demand driven by its prime location, 86 Transit Street is well-suited for owner-occupants and traditional rentals, or potential short term rental use. A savvy buyer may also explore the potential to convert the bonus space into an accessory dwelling unit, creating additional value. The property will be delivered vacant

86 Transit Street, Providence
$459,900
4 Beds ⋅ 3 Baths ⋅ 1421797 MLS
Welcome to this inviting Cape featuring 4 bedrooms, 2 full bathrooms and 1 half bath, offering plenty of space and comfort. This home features newer roof, finished basement providing additional living space and a large deck overlooking the fenced yard. Spacious kitchen, formal dining room, bedroom, living room and full bath on the main floor. Second level has 3 bedrooms, half bath and storage closet. Lower level is mostly finished with a recreation room, another full bathroom and mechanical/storage room. Conveniently located near shopping, dining, schools, parks, highway access and all amenities.

538 Bound Road, Woonsocket
$1,300,000
5 Beds ⋅ 5 Baths ⋅ 1421988 MLS
Set on 1.24 acres in Lincolns desirable residential area of Bridlewood Estates. This stately 4/5 bedrooms, 5 bath home offers over 3500 above grade of living space with a finished lower level designed for comfort, privacy and effortless entertaining. Built in 1990, the property blends classic New England charm with generous proportions and functionality that today's buyers expect. A private approach leads to the residence surrounded by nature landscaping and expansive grounds that create a serene estate like setting. Inside the home provides multi gathering spaces, master suites on first and second floors, brand new kitchen and baths and a layout ideal for both everyday living and hosting. Wit its substantial square footage, flexible rooms and abundant natural light, the property offers endless potential for customization to suit modern tastes. Located in the RA40 zoning district this single-family home sits among other distinguished properties while still offering convenient access to Lincoln's top-rated schools, shopping dining and commuter routes. A rare opportunity to own a spacious, beautifully sited home in premier neighborhood.

40 Suffolk Way, Lincoln
$424,900
3 Beds ⋅ 1 Baths ⋅ 1421952 MLS
Welcome to 737 Putnam Pike A Charming Lakeside Retreat. Nestled along the tranquil shores of Waterman Lake extension, this inviting 3-bedroom, 1-bathroom home blends comfort, character, and modern updates into an irresistible package. Whether you're looking for a year-round residence or a peaceful getaway, this property has something special to offer. Step inside and enjoy the warmth of new LVP flooring that flows throughout the living room and master bedroom, complementing a thoughtfully updated interior. Major systems have been refreshed for peace of mind including a furnace just 3 years old, a newer hot water heater, a Roth oil tank less than 2 years old, and a 2025 mini-split heating and cooling system for efficient, year-round comfort. The home also features updated plumbing and an upgraded 100-amp electrical panel with breakers. Outside, the property truly shines. Relax on the spacious deck surrounded by a beautiful array of established perennials that burst with color season after season. Best of all, you'll enjoy deeded access to the quiet side of Waterman Lake ideal for fishing, kayaking, or simply unwinding while soaking in the sights and sounds of nature. Commuters and convenience-seekers will appreciate the easy highway access and proximity to nearby shops, dining, and amenities. And with the property situated in the MU zoning district, forward-thinking buyers will find exciting potential for a variety of uses. This is more than a house it's a lifestyle.

737 Putnam Pike, Smithfield
$629,000
6 Beds ⋅ 3 Baths ⋅ 73570083 MLS
This well-kept two-family home offers space, updates, and strong rental potential in a prime location just minutes from Providence College and major highways. The first-floor unit features two comfortable bedrooms, a full bath, hardwood floors, and a bright, open living area. The second-floor townhouse-style unit spans two levels, offering four bedrooms and two full baths — an ideal setup for tenants seeking privacy or for an owner-occupant who wants additional space. The kitchens and living areas in both units present well, with clean finishes and thoughtful updates that make the property easy to rent and easy to maintain. Outside, the home offers a private deck perfect for summer and fall breezes, plus off-street parking for multiple vehicles — a valuable convenience in this area. With one unit already producing solid rental income and the second unit vacant and ready for occupancy, 884 River Ave delivers location, stability, and long-term value — a turnkey investment opportunity in Providence

884 River, Providence
$599,900
6 Beds ⋅ 2 Baths ⋅ 1421987 MLS
Located in the highly sought after Oak Hill neighborhood. This spacious two-family home presents an exceptional opportunity for both owner-occupants and investors. Each unit offers 3 bedrooms, hardwood floors throughout and a functional light filled layout. A detached 2 car garage provides ample parking and storage. Situated in one of the area's most desirable neighborhood, this property offers solid bones and outstanding potential. While cosmetics updates are needed it's the perfect chance to add your personal touch and build instant equity. Conveniently located near park, shopping, dining, schools and major highways. This is an opportunity you won't want to miss!

68 Wilcox Avenue, Pawtucket
$499,000
7 Beds ⋅ 3 Baths ⋅ 1421983 MLS
Investors and owner-occupants, take notice! 115 Woodward Road is a Providence two-family offering plenty of opportunity for its next owner. In addition to the two established units, the property features additional space on the third floor, offering added flexibility and potential. Location is a major plus situated right off Branch Avenue with extremely convenient highway access and just minutes from Providence College and Rhode Island College, along with everyday amenities. Whether you're looking to expand your portfolio or make a multi-family your own, this property is full of possibilities. Bring your vision and see the potential! Being sold as-is. Will not qualify for FHA.

115 Woodward Road, Providence
$599,000
3 Beds ⋅ 3 Baths ⋅ 1421839 MLS
Built in 2022, this move in ready three bedroom home in Pawtucket offers a versatile flex office and an open concept layout designed for comfortable living and easy entertaining. The primary suite includes a generous walk in closet, while a separate upstairs den adds even more flexible space, ideal as a home office, reading nook, workout area, hobby room, or playroom, whatever suits your needs. The partially finished basement features beautiful porcelain tile flooring, extending the home's usable living space. Additional highlights include a one car garage and solar panels that help reduce monthly energy costs. With thoughtful design and flexible space throughout, this home is ready for its next owner. Schedule a showing today.

148 Hunts Avenue, Pawtucket
$3,429,000
6 Beds ⋅ 5 Baths ⋅ 1421591 MLS
Experience elevated East Side living at 251 Slater Avenue, a one-of-a-kind new construction residence in one of Providence's most coveted neighborhoods, just off Blackstone Boulevard. Offering 5,700 square feet of living space, this home pairs timeless design with modern sophistication. A dramatic glass-fronted entry and soaring two-story foyer with an open stairwell create an unforgettable sense of scale. Wide-plank hardwood floors, custom millwork, designer lighting, and refined finishes continue throughout. The gourmet kitchen features premium appliances, quartz surfaces, custom cabinetry, and an expansive island. Open living and dining spaces are sophisticated yet inviting, with glass doors from the dining room extending the living space outdoors. The luxurious primary suite features a soaring ceiling, custom closets, and a spa-inspired bath. The finished lower level offers flexible space for a media lounge, fitness studio, guest quarters, or additional living area. A rare attached two-car garage and well-designed mudroom add everyday convenience. Set on a corner lot, the home is complemented by a beautifully landscaped, fully fenced rear yard and spacious patio, creating an intimate setting for open-air dining, relaxed gatherings, and evenings outdoors. Ideally positioned near Wayland Square, the Lippitt Park Farmers Market, and locally owned shops, cafes, and restaurants, 251 Slater Avenue offers distinctive new construction in a premier, walkable East Side location.

251 Slater Avenue, Providence
$550,000
5 Beds ⋅ 3 Baths ⋅ 1421978 MLS
Fully leased and income-producing 3-family in Providence offering immediate cash flow for investors or an excellent future owner-occupant opportunity. All three units are currently rented, generating strong rental income from day one. The property features spacious layouts, abundant natural light, a full unfinished basement with washer and dryer providing excellent storage, and separately functioning residential units. Conveniently located along Douglas Avenue with quick access to Downtown Providence, Providence College, Rhode Island College, Route 146, I-95, I-295, shopping, restaurants, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is a strong opportunity in a high-demand rental market.

61 Douglas Avenue, Providence
$479,900
2 Beds ⋅ 3 Baths ⋅ 73570042 MLS ⋅ ['Berkely Commons'] BLDG.
Welcome to Berkeley Commons and this beautifully maintained townhouse-style condominium offering the perfect blend of comfort, style, and convenience. The open-concept main level features gleaming hardwood floors, a spacious kitchen, dining area, inviting living room, and convenient half bath, making it ideal for everyday living and entertaining. Upstairs, you'll find a generous primary suite with a walk-in closet and private bath with double vanity, a second bedroom with its own full bath, and the added bonus of a convenient second-floor laundry area. The unfinished basement offers excellent storage or future expansion possibilities, while additional highlights include a one-car garage, gas heat, and a private deck. Ideally located close to shopping, restaurants, and major highways, this move-in-ready home offers low-maintenance living in a highly desirable community. Don't miss this opportunity.!!!

500 Mendon Road Unit 28, Cumberland
$624,900
5 Beds ⋅ 3 Baths ⋅ 1421810 MLS
Completely Renovated Legal Two-Family Turnkey Investment or Owner-Occupied Opportunity Welcome to 474 South Main Street, Woonsocket, RI. This fully renovated legal two-family offers a move-in-ready opportunity for owner-occupants, multigenerational living, or investors. Major updates include a new roof and gutters, 38 replacement windows, complete electrical rewire, new plumbing and water service, separate utilities, electric water heaters, updated HVAC, modern kitchens and baths, and hardwired smoke/CO detectors. The first-floor unit offers approx. 1,270 sq. ft., 2 bedrooms, 2 full baths including an en-suite, spacious living room with fireplace, large kitchen, and enclosed walkout sun porch. The second/third-floor townhouse offers approx. 2,100+ sq. ft., 3 bedrooms, 1 full bath, a two-level layout, 3 high-efficiency mini-splits, attic air handler with heat pump and ductwork, and a third floor rebuilt from the studs. Separate 200-amp electric service for each unit plus house meter. Detached 1-car garage, large driveway, and ample off-street parking. Legal conversion completed with permits and final inspections. Convenient to shopping, schools, restaurants, highways, and transit. Live in one unit and offset your mortgage with rent, or add a renovated two-family to your portfolio. ENTRY ONLY LISTING. Buyer agents welcome. Pre-approved buyers only.

474 Main Street, Woonsocket
$549,000
3 Beds ⋅ 3 Baths ⋅ 1421973 MLS
Very well cared for and beautifully renovated with quality finishes throughout. New quartz and stainless-steel kitchen, spacious living room featuring fireplace and lovely built-ins, flowing seemingly into the dining room. Updated bathrooms, hardwood floors throughout, and freshly painted interior add to the homes appeal. Other recent improvements include new roof, deck overlooking an inviting, generously sized fenced backyard. The partially finished basement offers extra living space, while the two car garage provided EJS ample parking and storage. This charming home is move-in ready and offers so much more!

26 Gurney Street, East Providence
$239,999
2 Beds ⋅ 2 Baths ⋅ 1421925 MLS ⋅ Manville North Condos BLDG.
Welcome home to this charming 2 bed, 1.5 bath condo in the Manville section of Lincoln. Perched on the top-floor corner, this one-level unit feels bright and open with an eat-in kitchen, spacious living room, and deck access for fresh air and relaxation. You'll love the easy highway access and the convenience of being right across from the Blackstone River Bike Path. Inside, enjoy new laminate flooring, in-unit laundry, and a primary bedroom with its own half bath. Plenty of parking and a large basement storage room complete the package.

2 Angle Street Unit 8, Lincoln
$649,900
3 Beds ⋅ 2 Baths ⋅ 1421507 MLS
Move in condition!! 2 Family with 2 beds on the first floor and 1 bed on the 2nd floor that features 3 granite countertop kitchens with stainless appliances, 3 updated bathrooms, like new ceramic tile and laminate flooring, freshly painted interior, central air mini splits, and a beautiful finished lower level with its own walkout! This property has maintenance free vinyl siding including a brick front and a gigantic 2 car garage that you could put a lift inside in order to put 2 cars on each side along with tons of storage space! Add in all like new mechanicals including the roof, windows, furnace, gas FHW baseboard heat and electrical. There's also a generous size laundry room in the lower level. Outside parks no less than 6 cars. This multi family is conveniently located to everything you need. Attachment online with over 45k in recent updates. Bang for your buck!

24 Tacoma Street, Cranston
$649,000
5 Beds ⋅ 3 Baths ⋅ 1421951 MLS
Silver Lake 3-Family Investor or Owner-Occupant Opportunity. Three units in one of Providence's steadiest rental pockets. The setup is a 1-bedroom first-floor unit plus two 2-bedroom apartments on the second and third floors, with an attached 2-car garage and off-street parking. Live in one and let the other two carry you, or drop it straight into your portfolio. Projected $72,000 in annual rental income once all units are rented at market rate. All tenants are currently month-to-month. Strong in-place and market rents, Section 8 friendly, and a location that stays rented. Whether you're house-hacking your first multi or adding to a growing portfolio, this is a turnkey three-unit in a neighborhood that holds its demand. Schedule your showing today.

83 Terrace Avenue, Providence
$394,900
2 Beds ⋅ 1 Baths ⋅ 1421967 MLS
A great opportunity on a quiet dead end street next to Wanskuck Park. Peace of mind with new roof, vinyl siding, new windows, new heating system, new driveway. Investors take notice. A new 114 x 26 addition on back of house is a blank canvas for ADU, expansion etc. New 200 amp electric. Don't miss out on this great neighborhood.

29 Dakota Street, Providence
$519,900
3 Beds ⋅ 2 Baths ⋅ 1421953 MLS
Welcome to this charming 3-bedroom, 2-full-bath home situated on 7 acres of land. This well-maintained property offers plenty of outdoor features, including a detached 2-car garage, additional outbuildings, a small pond, and much more. Inside, you'll find a warm and inviting home featuring hardwood floors, a wood stove, a full basement, a newer heating system, and 100-amp circuit breakers. All of this is located within the award-winning Ponaganset School System, offering the perfect combination of privacy, space, and convenience. New 3 bedroom septic system will be installed prior to closing.

126 Cucumber Hill Road, Foster
$649,900
4 Beds ⋅ 2 Baths ⋅ 1421955 MLS
Welcome to 12-14 Parsons Street in East Providence! Don't miss this fantastic opportunity to own a spacious 4-bedroom duplex offering versatility, income potential, and a convenient location. Whether you're looking to owner-occupy and have rental income help offset your mortgage or you're an investor looking to expand your portfolio, this property offers plenty of possibilities. Each unit features a functional layout with comfortable living spaces and the flexibility today's buyers are looking for. Enjoy the benefits of multi-family ownership while building equity and creating long-term investment potential. Conveniently situated in East Providence with easy access to local shopping, restaurants, schools, parks, recreation, and everyday amenities. Commuters will appreciate the convenient access to major highways and nearby Providence. With four bedrooms combined between both units, this duplex is a great option for buyers looking for additional space and rental income under one roof. Bring your ideas and make this property your own! Opportunities like this don't come along every day. Schedule your showing and see all that 12-14 Parsons Street has to offer!

12 Parsons Avenue 14, East Providence
$559,000
4 Beds ⋅ 2 Baths ⋅ 1421950 MLS
Looking for that single level living with the opportunity to have separate guest space, in-law, or recreation space, this spacious home checks the boxes. This exceptionally maintained and clean home offers three bedrooms with a full bath on the main first level along with a nicely done kitchen complete with an island, a family room with adjoining office and a dining room or living room depending on your needs. Beautiful original hardwood flooring spans through the majority of the first level for a clean seamless look. On the second level, you have a full kitchen area, living room, bedroom, full bath and a deck off the rear of the living room. Enjoy the same hardwood flooring throughout the second level. This home is equipped with three HVAC systems, main house first level, family room and office on first level and second level. The roof is one year young, and the 200-amp electrical service was just installed. The basement is partially finished with additional cabinets for great storage. Additional features include exterior vinyl siding, vinyl replacement windows and parking for 4 vehicles in driveway. The lot is just over 10,000 square feet with 80 feet of frontage and the house is connected to water, sewer and natural gas. This home has so many opportunities for space, a must see !

282 Ronald Avenue, Cumberland
$514,900
2 Beds ⋅ 2 Baths ⋅ 1421943 MLS ⋅ Berkley Commons BLDG.
Welcome to this beautifully designed 2-bedroom, 2-bath loft-style end unit in one of Cumberland's most sought-after condominium communities. This desirable home offers an open and inviting layout with hardwood floors throughout the main living area, granite countertops, and an abundance of natural light. The flexible floor plan also offers the potential for a first-floor primary bedroom, providing convenience and versatility to suit your lifestyle. Step outside onto your private deck and enjoy your morning coffee while listening to the birds and taking in the peaceful surroundings. Ideally located close to all the conveniences Cumberland has to offer, including shopping, dining, recreation, and the area's well-regarded school system. Loft-style end units like this rarely become available don't miss your opportunity to make this special home yours. Act now this one won't last!

500 Mendon Road Unit 11, Cumberland
$219,000
1421946 MLS
Great opportunity to build on this 5,040 SF vacant lot in a super convenient location close to the Pawtucket train station. The property already has a variance in place for a 6-family build, making it a solid option for investors or developers looking to create income-producing housing. Plans for the site include off-street parking, which is a big plus for future tenants. A number of helpful documents are included to make the process easier, including a rendering of the finished project, conceptual unit layouts, a full site plan showing the building, parking, and driveway, and the zoning certificate. The lot is currently fully fenced in. Whether you're planning to build and hold or sell once completed, this property has a lot of the groundwork already in place to get started. Taxes based on current commercial real estate rate of $23.01/1000. If a property is built with less than 6 units, the real estate tax rate would decrease to the residential real estate tax rate of $13.15/$1000.

457 Mineral Spring Avenue, Pawtucket
$219,000
1421944 MLS
Great opportunity to build on this 5,040 SF vacant lot in a super convenient location close to the Pawtucket train station. The property already has a variance in place for a 6-family build, making it a solid option for investors or developers looking to create income-producing housing. Plans for the site include off-street parking, which is a big plus for future tenants. A number of helpful documents are included to make the process easier, including a rendering of the finished project, conceptual unit layouts, a full site plan showing the building, parking, and driveway, and the zoning certificate. The lot is currently fully fenced in. Whether you're planning to build and hold or sell once completed, this property has a lot of the groundwork already in place to get started. Taxes based on current commercial real estate rate of $23.01/1000. If a property is built with less than 6 units, the real estate tax rate would decrease to the residential real estate tax rate of $13.15/$1000.

457 Mineral Spring Avenue, Pawtucket
$5,758,000
1421918 MLS
Attention investors/developers: Be part of Rhode Island's next hottest area for development!! Pad ready - with Master plan approval for 42 residential units and 18,000 ft. retail. Prime location, high traffic visibility, on the corner of George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate, there are many uses possible. Opportunity for a combined purchase w/abutting property 230 George Washington Highway, totaling 6+ acres. Call for details. 250 George Washington Highway Residential Land Value 52 residential units $75,000 per unit = $3,900,000 Retail Land Value 18,000 sq. ft. $45 per sq. ft. = $810,000 gross annual rent Less 15% vacancy = $688,500 effective gross income Less 10% operating expenses = $619,650 NOI Retail land value: 3 years of NOI = $1,858,950 Proposed Land Value/Sale Price $3,900,000 residential value $1,858,950 retail value = $5,758,950

250 George Washington Highway, Smithfield
$2,879,000
2 Beds ⋅ 2 Baths ⋅ 1421919 MLS
Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft. retail. Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 George Washington Highway, totaling 6+ acres. Call for details. 230 George Washington Highway Residential Land Value 26 residential units $75,000 per unit = $1,950,000 Retail Land Value 9,000 sq. ft. $45 per sq. ft. = $405,000 gross annual rent Less 15% vacancy = $344,250 effective gross income Less 10% operating expenses = $309,825 NOI Retail land value: 3 years of NOI = $929,475 Proposed Land Value/Sale Price $1,950,000 residential value $929,475 retail value = $2,879,475

230 George Washington Highway, Smithfield
$2,879,000
1421920 MLS
Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft. retail. Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 George Washington Highway, totaling 6+ acres. Call for details. 230 George Washington Highway Residential Land Value 26 residential units $75,000 per unit = $1,950,000 Retail Land Value 9,000 sq. ft. $45 per sq. ft. = $405,000 gross annual rent Less 15% vacancy = $344,250 effective gross income Less 10% operating expenses = $309,825 NOI Retail land value: 3 years of NOI = $929,475 Proposed Land Value/Sale Price $1,950,000 residential value $929,475 retail value = $2,879,475

230 George Washington Highway, Smithfield
$5,758,000
1421921 MLS
Attention investors/developers: Be part of Rhode Island's next hottest area for development!! Pad ready - with Master plan approval for 42 residential units and 18,000 ft. retail. Prime location, high traffic visibility, on the corner of George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate, there are many uses possible. Opportunity for a combined purchase w/abutting property 230 George Washington Highway, totaling 6+ acres. Call for details. 250 George Washington Highway Residential Land Value 52 residential units $75,000 per unit = $3,900,000 Retail Land Value 18,000 sq. ft. $45 per sq. ft. = $810,000 gross annual rent Less 15% vacancy = $688,500 effective gross income Less 10% operating expenses = $619,650 NOI Retail land value: 3 years of NOI = $1,858,950 Proposed Land Value/Sale Price $3,900,000 residential value $1,858,950 retail value = $5,758,950

250 George Washington Highway, Smithfield
$2,879,000
1421917 MLS
Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft. retail. Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 George Washington Highway, totaling 6+ acres. Call for details. 230 George Washington Highway Residential Land Value 26 residential units $75,000 per unit = $1,950,000 Retail Land Value 9,000 sq. ft. $45 per sq. ft. = $405,000 gross annual rent Less 15% vacancy = $344,250 effective gross income Less 10% operating expenses = $309,825 NOI Retail land value: 3 years of NOI = $929,475 Proposed Land Value/Sale Price $1,950,000 residential value $929,475 retail value = $2,879,475

230 George Washington Highway, Smithfield