Providence, RI 02906,412 Hope ST
Providence, RI 02906,412 Hope ST
Providence, RI 02906,412 Hope ST
49
$845,000
$875,000
3.4%
Est.Price: ?

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5 BD
6 BA
2,013 SqFt

412 Hope ST Providence, RI 02906

Est. payment /mo
SOLD DATE : 07/26/2024

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Key Details

Sold Price $845,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,013 sqft

Price per Sqft $419

Subdivision Fox Point

MLS Listing ID 1362371

Sold Date 07/26/24

Bedrooms 5

Full Baths 5

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,013

Year Built 1910

Annual Tax Amount $10,852

Tax Year 2023

Lot Size 2,848 Sqft

Acres 0.0654

Property Description

This multifamily features two units: Unit 1 is a 2-bed, 2-bath apartment, and Unit 2 is a 3-bed, 3.5-bath townhouse. The house was gutted to the studs and fully renovated with new electric and plumbing, with 3 heating zones (one for each floor). Both units have been recently given a fresh coat of paint throughout and have beautiful kitchens with stainless steel appliances and granite countertops, central air, marble tiles, hardwood floors, and in-unit washer/dryer. The units come vacant, with projected market rents of $2650 for Unit 1 and $3500 for Unit 2, giving a projected cap rate of 6.33%. This is a perfect opportunity for owner-occupied with rental income. The property is located near Brown University, RISD, and various local restaurants and shopping centers.

Location

State RI

County Providence

Community Fox Point

Rooms

Basement Full, Unfinished, Walk-Out Access

Interior

Interior Features Tub Shower

Heating Forced Air, Gas

Cooling Central Air

Flooring Hardwood, Marble

Fireplace No

Appliance Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Patio

Fence Fenced

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks

Porch Patio

Garage No

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Drywall,Other

New Construction No

Others

Senior Community No

Tax ID 412HOPESTPROV

Financing Cash

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Listed by William Raveis Inspire
Bought with Century 21 Limitless PRG

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agent

Michael Hannigan

Realtor® | License ID: MA9569074

+1(617) 888-6606

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