Description
Incredible Investment Opportunity Two Adjacent Properties Sold as a Package | 148 & 152 Putnam Ave, Johnston, RI Two neighboring properties in a high-traffic area of Johnston offer strong residential and commercial income. 148 Putnam Ave is a renovated two-family home on a spacious 1.23-acre lot leaving potential for future development. Each side features a townhouse-style 1 bed, 1.5 bath unit with private entrance, full basement, and shared covered deck. Ample parking and a detached garage provide added rental potential. Great long-term tenants in place. 152 Putnam Ave is a commercial building currently leased to a successful salon (business not for sale). The tenant is interested in staying. The building features approx. 1,956 sq ft across two levels, central air, updated fire alarm system, and 3,500 sq ft of paved parking. Salon equipment and inventory not included. Zoned B1, both properties are located in a commercially active area with excellent visibility and access. A rare chance to own a mixed-use investment package with strong upside potential. Showings by appointment only. Do not disturb tenants.
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2BEDS
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1.43ACRES
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2BATHS
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41/2 BATHS
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4,382SQFT
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$192$/SQFT
School Ratings & Info
Description
Incredible Investment Opportunity Two Adjacent Properties Sold as a Package | 148 & 152 Putnam Ave, Johnston, RI Two neighboring properties in a high-traffic area of Johnston offer strong residential and commercial income. 148 Putnam Ave is a renovated two-family home on a spacious 1.23-acre lot leaving potential for future development. Each side features a townhouse-style 1 bed, 1.5 bath unit with private entrance, full basement, and shared covered deck. Ample parking and a detached garage provide added rental potential. Great long-term tenants in place. 152 Putnam Ave is a commercial building currently leased to a successful salon (business not for sale). The tenant is interested in staying. The building features approx. 1,956 sq ft across two levels, central air, updated fire alarm system, and 3,500 sq ft of paved parking. Salon equipment and inventory not included. Zoned B1, both properties are located in a commercially active area with excellent visibility and access. A rare chance to own a mixed-use investment package with strong upside potential. Showings by appointment only. Do not disturb tenants.
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