For Sale
$849,000

56 Pleasant View Ave Smithfield, RI 02828

Versatile Colonial, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 2-story colonial at 56 Pleasant View Avenue, Smithfield, RI 02828, presents a unique investment opportunity. Boasting a substantial 20,038 square foot lot, the property offers over 3,000 square feet of living space, perfectly suited for both residential and commercial uses. The 1986-built structure features six bedrooms and five and a half bathrooms, along with two full kitchens and two kitchenettes, providing ample space for a large family or multiple rental units. Two walk-out lower-level units, each with a private entrance, offer further flexibility for multigenerational living or a bed and breakfast (permits pending). Five separate living spaces ensure maximum privacy. Interior features include a spacious 650 square foot formal living room with a marble gas fireplace, built-ins, updated plumbing and electric, a new oil burner, a 280-gallon oil tank, and six heating zones. Exterior amenities include a 500-square-foot deck overlooking protected forestland, a new six-foot fence, and ample parking. A 2023 Certificate of Occupancy has been issued. Conveniently located five miles from Providence, near Route 295 and the Smithfield School System, this property offers significant income potential and is priced at $849,000.

Highlights

  • Exceptional 2-story colonial investment opportunity in Smithfield, RI.
  • 20,038 sq ft lot with over 3,000 sq ft of living space, suitable for residential or commercial use.
  • Six bedrooms, five and a half baths, two full kitchens, and two kitchenettes.
  • Two walk-out lower-level units with private entrances (permits pending for B&B).
  • Spacious living room (650 sq ft), updated plumbing and electric, new oil burner, six heating zones.
  • 500 sq ft deck, new six-foot fence, ample parking, and a 2023 Certificate of Occupancy.

Property Details for 56 Pleasant View Ave

Property type
Office properties, Land
Year Built
1986
Buildings
1
Stories
2

Location Insight

City
Smithfield
County
Providence
State
Rhode Island
Latitude
41.8773331
Longitude
-71.5458703

FAQs

What type of property is this?
Office property - Versatile Colonial, Huge Potential
Where is the office property located?
The property is located at 56 Pleasant View Ave Smithfield, RI.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Exceptional 2-story colonial investment opportunity in Smithfield, RI.; 20,038 sq ft lot with over 3,000 sq ft of living space, suitable for residential or commercial use.; Six bedrooms, five and a half baths, two full kitchens, and two kitchenettes.
How can I contact the broker?
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56 Pleasant View Ave
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