197 Althea Street, Providence, RI 02909

Property Description

Unlock the possibilities in this exceptionally spacious single-family property offering approximately 2,245 square feet of living space, six bedrooms, and three-and-a-half bathrooms. Ideal for investors, developers, or an owner-occupant seeking additional space and long-term value, this property offers multiple potential configurations. Situated on an R-3 zoned lot, the home may offer potential for conversion into a two-family or three-family residence, subject to municipal zoning, permitting, and approval requirements. The expansive basement also presents possible accessory dwelling unit or additional living-space potential. Adding even more value is a separate rear garage structure with more than 900 square feet of space, offering exciting possibilities for storage, a workshop, studio, office, or potential accessory dwelling unit conversion, subject to all required approvals. With its substantial square footage, flexible layout, multiple bedrooms and bathrooms, and additional detached structure, this property is a rare opportunity for investors looking to renovate, reposition, and maximize its income-producing potential. Bring your vision and explore the many possibilities this unique property has to offer. Buyer and buyer's agent to perform all due diligence regarding zoning, legal use, unit conversion, ADU possibilities, permits, and municipal requirements. Property to be sold in as-is condition.