$1,620,000

1373 Smith St, North Providence RI, 02911

Price per sqft$355.34

Built in1930

Property size4,559 sqft

Property typeCommercial

Overview

Active

Listed May 24, 2026

Updated 4 weeks ago

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.

Additional information

MLS^® ID: 73523340

Interior Features

Bathrooms: 4
Basement: No

Exterior Features

Lot Size: 0.25 Acres

Other Property Details

Taxes: $18,670
Tax Frequency: Annually
55+/Senior Community: No

This listing is provided by J. Murray Regan with JMR Commercial RE Services

The property listing data and images displayed herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, and public records, and compiled by MLS Property Information Network, Inc. This information is intended solely for the personal, non-commercial use of consumers who have a genuine interest in purchasing or leasing listed properties. It may not be used for any purpose other than to identify prospective properties of interest.

MLS Property Information Network, Inc. and its subscribers make no representations or warranties regarding the accuracy of the listing data or images presented.

Data last updated 4:45 AM UTC, 9/4/2026