Fully Leased 6 Unit Residential / Retail building located on Atwells Avenue in the Heart of the Federal Hill Area, Providence. Ground floor features two very successful businesses, a Jamaican Restuarant and a very nice Convenience Store, with leases thru 2008 with options. Gross Operating Income approx. $103,800. Expenses approx. $28,000. NOI approx. $68,000. Excellent opportunity for investor or owner occupied property. Own your own piece of "The Hill". OWNER FINANCING AVAILABLE. Easy 2 show.
Sold for $1,540,000
$1,540,000
223 Atwells Ave, Providence, RI 02903
0beds
4baths
6,762sqft
Unknown
Built in 1905
-- sqft lot
$-- Zestimate®
$228/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
Owner options
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 4.5
Heating
- Forced air, Gas
Cooling
- Other
Features
- Flooring: Tile, Carpet, Linoleum / Vinyl
- Basement: Partially finished
Interior area
- Total interior livable area: 6,762 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Vinyl, Brick
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: PROVM28L358
Construction
Type & style
- Home type: Unknown
Materials
- masonry
- Roof: Slate
Condition
- Year built: 1905
Community & HOA
Location
- Region: Providence
Financial & listing details
- Price per square foot: $228/sqft
- Tax assessed value: $1,467,200
- Annual tax amount: $21,421
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2023 | Sold | $1,540,000+10%$228/sqft |
Source: Public Record Report a problem | ||
| 4/20/2022 | Sold | $1,400,000+98.6%$207/sqft |
Source: Public Record Report a problem | ||
| 9/18/2020 | Listing removed | $2,900 |
Source: Owner Report a problem | ||
| 8/19/2020 | Listed for rent | $2,900 |
Source: Owner Report a problem | ||
| 9/30/2008 | Sold | $705,000+354.8%$104/sqft |
Source: Public Record Report a problem | ||
| 8/20/1999 | Sold | $155,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,421 | $1,467,200 +44% |
| 2024 | -- | $1,018,800 |
| 2023 | -- | $1,018,800 |
| 2022 | -- | $1,018,800 +33.1% |
| 2021 | -- | $765,200 |
| 2020 | $22,974 | $765,200 |
| 2019 | $22,974 | $765,200 +2.1% |
| 2018 | -- | $749,700 |
| 2017 | -- | $749,700 |
| 2016 | -- | $749,700 +3.2% |
| 2015 | -- | $726,600 -7.2% |
| 2011 | -- | $782,600 -13.7% |
| 2010 | -- | $906,400 -17.6% |
| 2009 | -- | $1,099,500 -11.1% |
| 2007 | $28,251 | $1,236,900 +122.6% |
| 2006 | -- | $555,600 +1.7% |
| 2005 | -- | $546,300 |
Find assessor info on the county website
Neighborhood: Federal Hill
Nearby homes
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Nearby schools
GreatSchools rating
- 4/10Asa Messer Elementary SchoolGrades: PK-4Distance: 0.8 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Classical High SchoolGrades: 9-12Distance: 0.5 mi
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- Rhode Island
- Providence County
- Providence
- 02903
- Federal Hill
- 223 Atwells Ave
