For sale

Price cut: $10K (11/23)

$639,900

342 Academy Ave, Providence, RI 02908

4beds

3,327sqft

Est.:

Multi Family

Built in 1900

-- sqft lot

$640,100 Zestimate^®

$192/sqft

$-- HOA

What's special

Hardwood flooringSizable commercial storefrontPlenty of natural lightCorner lot

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 a salon, 2 existing apartments & a 4th 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.

66 days

255

8

Tour with a local 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), 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

View 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: Mt. Pleasant

HOA

Has HOA: No

Location

Region: Providence

Financial & listing details

Price per square foot: $192/sqft
Tax assessed value: $465,100
Annual tax amount: $9,175
Date on market: 10/6/2025
Inclusions: SALON EQUIPMENT TO BE NEGOTIATED SEPARATELY
Total actual rent: 1400
Tenant pays: Heat

Estimated market value

$640,100

$608,000 - $672,000

$2,147/mo

Price history

Date	Event	Price
11/23/2025	Price change	$639,900-1.5%$192/sqft
Source: StateWide MLS RI #1396979 Report a problem
10/6/2025	Listed for sale	$649,900-3.7%$195/sqft
Source: StateWide MLS RI #1396979 Report a problem
10/3/2025	Listing removed	$675,000$203/sqft
Source: StateWide MLS RI #1390122 Report a problem
7/16/2025	Listed for sale	$675,000$203/sqft
Source: StateWide MLS RI #1390122 Report a problem