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40 Melrose St, Providence, MA

Providence · MA 02907

$508,000
Price
5
Beds
4.5
Baths
3500
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1911
Units: 3 Units
Lot size: 5,000 Sq.Ft Lot
Price per square foot: $143 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

This property offers a rare opportunity to acquire and establish a daycare center with over 2900 sq. ft. of space, perfect for serving preschool children. The MorningStar program, along with an after-school program, provides a comprehensive learning experience for children. The property features four sections of open space, a private faculty room, and an on-site management office. The fenced yard provides a safe area for children to play, while security cameras and a secure entrance ensure the safety of all visitors and staff. The building is also equipped with fire alarm systems and interior sprinklers, providing an added layer of safety. In addition to the daycare center, the property also includes two residential units on top, providing an opportunity for additional income. This is truly a great beginning for an early learning center, and an amazing opportunity not to be missed.

Neighborhood & Transit

40 Melrose St, Providence · MA 02907

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1215 days
Listing Price:
$499,900
Price per Sq.Ft:
$143
Tax Assessment:
$300,000 in 2022
Taxes:
$680 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,500 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2900
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
5,000 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jeffrey Infante
Listing office
Century 21 Limitless
MLS PIN #
73133108