Exceptional mixed-use investment opportunity in the heart of Providence's vibrant Federal Hill neighborhood. This well-maintained multifamily property features four income-producing apartments plus a full walkout, stick-built basement offering exceptional flexibility for future use. The lower level presents outstanding potential for additional income or value-add opportunities, subject to buyer due diligence and any required municipal approvals. Possible uses may include an art gallery, artist studio, office, personal service establishment, retail space, restaurant-related use, or other permitted uses under the property's mixed-use zoning. Situated on highly visible Atwells Avenue, this property benefits from strong rental demand, excellent walkability, and immediate access to Providence's renowned restaurants, shopping, entertainment, hospitals, universities, and major highways. Investors will appreciate the combination of stable cash flow, upside potential, and long-term appreciation in one of the city's most desirable investment corridors. Whether you're looking to expand your portfolio, execute a value-add strategy, or capitalize on the property's flexible mixed-use zoning, 925 Atwells Avenue offers a rare opportunity to own a high-demand asset with multiple avenues for future growth. Buyers are encouraged to perform their own due diligence regarding zoning, permitted uses, and any future redevelopment or expansion opportunities.
| Location | |
|---|---|
| City/Town | Providence |
| County | Providence |
| Community Features | Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
| Interior | |
|---|---|
| Living Area | 8,573 sq. ft. |
| Rooms | 20 |
| Heating | Natural Gas, Baseboard, Forced Water |
| Cooling | Individual Unit |
| Interior Features | Wall (Cermaic), Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Wall (Wood), Attic, Attic Stairs, Attic Storage, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls) |
| Additional Information | |
|---|---|
| Tax Assessment | $606,300 |
| Zoning | R3 |
| Exterior | |
|---|---|
| Acreage | 0.09 |
| Exterior Features | Balcony, Deck |
Information is deemed reliable but is not guaranteed.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.
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