$1,620,000

1373 Smith St, North Providence, RI 02911

  • 4 baths |
  • 4,559 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $355/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

The subject is a 4,559 SF recovery house containing 11 bedrooms, 4 full bathrooms (1 is ADA accessible), a full kitchen, 2 common/dining areas, an office, and sunroom, with a service capacity of 24 beds. A $290,800 renovation was completed in 2024. Because of its location on a major route near Providence, the subject has central access to major linkages, interstate highways, public transportation, retail stores, services, and municipal facilities. The property is encumbered with a 20-year lease that began in August 2023, with a current payment of $145,800, as an expense to the operation, with a 9.00% cash on cash return to a potential buyer, which is significant in today's market and perfect for a 1031 buyer.

Listing Status:
Active
Date Added:
May 24, 2026
Data Last Updated:
August 20, 2026 at 1:06PM
Listing Office:
JMR Commercial RE Services : 617-851-3458
Listing Agent:
J. Murray Regan : 617-851-3458
MLS ID:
73523340
  • Originating MLS: MLS Property Information Network
  • County: Providence
  • Zoning: CP890633063
  • Source: MLS Property Information Network

This listing courtesy of J. Murray Regan , JMR Commercial RE Services

Monthly Payment

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

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