38 Mawney Street

Providence, RI 02907

$875,000
Price
1
Beds
3
Baths
3,470 Sq. Ft.
$252 / Sq. Ft.
3,470
Sq. Ft.
$252
per Sq. Ft.

Description

Investment Opportunity! Here's your chance to add to your portfolio or begin your investment journey. Originally the Edwin Turner mansion, this 1880 Italianate is an 8 unit building in the heart of historic Elmwood. The property is a mix of studio apartments, 2 room efficiencies and one bedroom units - each unit with its own mini-split system for heat and A/C. There is a third floor that has roughed rooms but has never been developed. This could be an opportunity to add an ADU. And then there's the...Investment Opportunity! Here's your chance to add to your portfolio or begin your investment journey. Originally the Edwin Turner mansion, this 1880 Italianate is an 8 unit building in the heart of historic Elmwood. The property is a mix of studio apartments, 2 room efficiencies and one bedroom units - each unit with its own mini-split system for heat and A/C. There is a third floor that has roughed rooms but has never been developed. This could be an opportunity to add an ADU. And then there's the land, and there's a lot of it. With an over 16,000 sq ft lot the new owner has potential to work with the City to explore future development. The property has long term tenants with 6 on a month to month lease and 2 on a yearly rotation. Please reach out to the listing agent for additional information. All showings will be arranged as group showings for ease to the tenants. This is one to see!
  1. Listed by Pam Hanson Carbone • Brokerage DRE #REB.0018369 • Domain Properties
    P: (401)-864-3432 pam@domainrealestate.com

Property Details for 38 Mawney Street

Subdivision Name
Elmwood
LISTING UPDATED: 12/30/2024 03:33 PM

Property Details for 38 Mawney Street

StatusActive
MLS #1375132
Days on Market4
Taxes$16,241 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.38 AC / 16,753 SF
CountyProvidence County

Building Information for 38 Mawney Street

Stories2Residences3Year Built1900Building Size-Lot Size0.38 AC / 16,753 SF

Property Information for 38 Mawney Street

Summary
Location and General Information
  • City: Providence
  • Community Features: Near Hospital, Near Schools, Public Transportation, Restaurant
  • Postal City: Providence
  • Postal Code: 02907
  • State Or Province: RI
  • Zoning: R3
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 12
Taxes and HOA Information
  • Tax Annual Amount: $16,241.00
  • Tax Assessed Value: 462700
  • Tax Lot: 13
  • Tax Map Number: 49
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 3470.0
  • Building Area Total: 3470.0
  • Frontage Length: 78
  • Living Area Source: Public Records
  • Lot Size Acres: 0.3846
  • Lot Size Area: 16753.0
  • Lot Size Square Feet: 16753.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 38MAWNEYSTPROV
  • Stories Total: 2
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 1,048,422,690
Utilities
  • Electric: Amps100, Amps200Or More
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Combination
Interior Features
  • Appliances: Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 1
  • Cooling: Ductless, One Unit
  • Cooling Y N: Yes
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Heating: Electric, Forced Air, Gas, Individual, Other
  • Heating Y N: Yes
  • Interior Features: Attic, Permanent Attic Stairs
  • Laundry Features: Common Area
  • Rooms Total: 6
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,850.00
  • Description: 2 One Bedroom
  • Unit Type Area: 1258.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $2,164.00
  • Description: 2 Efficiency
  • Unit Type Area: 912.0
  • Baths Total: 1
  • Beds Total: 0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $3,789.00
  • Description: 4 Studios
  • Unit Type Area: 1258.0
  • Baths Total: 1
  • Beds Total: 0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 38 Mawney Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38 Mawney Street

Taxable ValueLand$88,000Additions$374,700Total$462,700
Tax Record2023$8,491 ($708 / month)
Home Facts
Baths8Total Finished SqFt3,470 SqFtAbove Grade Finished SqFt3,470 SqFtUnfinished Basement SqFt1,714 SqFtStories2Lot Size16,753 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR-3CountyPROVIDENCEAPNPROV M:49 L:13

Schools near 38 Mawney Street

This home is within Providence School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - PK to 4
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Charles N. Fortes Elementary School
PublicPK to 1

asa messer elementary school
PublicPK to 4

Charlotte Woods Elementary School
PublicPK to 5

Anthony Carnevale Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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38 Mawney Street is a multi-family home for sale in Providence, RI 02907. This property was listed for sale on December 28, 2024 by Domain Properties, it's currently listed at $875,000. It has been on the market for a total of 4 days and was last sold on April 25, 1996. This listing's school district is Providence School District. Nearby schools include Charles N. Fortes Elementary School, asa messer elementary school and Charlotte Woods Elementary School. 38 Mawney Street is a 1-bed, 3-bath, 3,470 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Domain Properties

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.