686 BroadwayEast Providence, RI 02914

This exceptional mixed-use investment opportunity in East Providence, Rhode Island, presents a compelling blend of commercial and residential income streams. Located at 686 N Broadway, this property boasts a substantial 10,000 square foot lot and a single building constructed in 1920. The property comprises two units: a thriving laundromat business, currently equipped with 31 washers and 23 dryers, and generating significant revenue; and six additional rental units providing consistent rental income from long-term tenants. The laundromat presents substantial growth potential, capitalizing on its established presence and high-traffic location. The combined commercial and residential income streams offer a robust return on investment. This turnkey operation is ideally suited for an investor seeking a stable, high-yield property in a desirable location close to numerous amenities. The property's size and established income make it an attractive proposition for both seasoned investors and those seeking a diversified portfolio. This is a rare opportunity to acquire a well-established, income-producing property in a prime East Providence location. The property is situated in Providence County, Rhode Island, with a zip code of 02914.