New England Real Estate Journal

Conway Commercial Group brokers $310,000 sale

November 13, 2020 - Rhode Island
305 Pocasset Avenue - Providence, RI

Providence, RI Jim Conway of Conway Commercial Group represented the seller, Richard Petronio, in the sale of 305 Pocasset Ave.  The buyer was Manuel Duran.  The building consists of 6,207 s/f. Consisting of one first floor retail space and two residential apartments. The property was sold for $310,000. Purchased through a 1031 tax deferred exchange. The building sold as an investment property to complete a 1031 Exchange.