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7 Dike

$650,000

7 Dike, Providence, RI 02909

Active
Last Updated: 04/28/2025

8,894 sqft

Lot Area

1940

Year Built

Details:
Lot Area:    8,894 sqft
Year Built:    1940
MlsNumber:    1383433
Highlights:
  • Annual Tax: $ 17059.0
  • Age: 1-5 Years Old
  • Sewer: City
Description:

Industrial structure redevelopment opportunity! Approved plans for 11 residential units (building 3 levels 16,000sqft) within existing structure. 8 two-bedrooms and 3 one-bedrooms. Plans can be amended to add additional units and qualifies for state tax credits. Phase I and Phase II environmental completed. Existing passive income from billboards. Possibility for parking agreements with neighboring lots. Area currently undergoing federal redevelopment including new pedestrian bridge over train tracks being constructed directly across the street. Various private investment dollars being spent to revitalize the area. See link for building plans.

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