Price Reduction
Address
86 Federal Street, Providence, RI
Price
$ 650,000
Property Attributes
  • MLS#1353419
  • TypeContingent
  • CountyPROVIDENCE
  • CityProvidence
  • NeighborhoodFederal Hill
  • Zip02903
  • StyleMultiFamily
  • Year Built1880
  • Taxes$ 4514
  • Price$ 650,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1354
  • Lot Size2,932 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Location! Ideally situated in the desired enclave of Federal Hill, blending with the vibrant pulse of downtown Providence, this sale includes the adjoining lot at 90 Federal St, enhancing the value and potential investment opportunity to create a truly remarkable offering for a discerning buyer. Thoughtfully reimagined and skillfully renovated by 2019, this gem embodies meticulous attention to detail. Each unit marries historic charm and character with modern convenience, boasting wonderfully restored 1800s plank flooring, cleaned/sealed original brick walls/chimneys, jetted tubs, Bosch laundry units, and cozy kitchens adorned with granite countertops and stainless-steel appliances. The residence features individual on-demand, tankless heating and hot water systems, ductless air conditioning with additional supplemental heating if desired, electric utilities metered individually from the house, all enhancing comfort, efficiency, convenience and ease of management. An unfinished basement offers ample storage space, complemented by two separate locking storage cages for each unit, catering to the practical needs of the residents who will live here. Some additional highlights are a custom black walnut coffee bar in the 2nd floor unit, a new roof, privacy fence and ample off-street parking. Embrace the epitome of urban sophistication and enhance your lifestyle by booking a showing!

Price History
3/18/2024 Listed $685,000
4/8/2024 2% - $675,000
4/15/2024 4% - $650,000

General Features

Interior Features TubShower,CableTV
Sewer Connected
Heating Baseboard,Gas,Other
Cooling Ductless
Utilities SewerConnected
Possession Negotiable
Appliances Dryer,Dishwasher,ExhaustFan,Disposal,GasWaterHeater,Microwave,Oven,Range,Refrigerator,TanklessWaterHeater,Washer
Zoning R-3
Garage Spaces 0.0
Security Features SecuritySystemOwned
Construction Materials Drywall,Plaster,VinylSiding
Year Built 1880
Electric Item100AmpService,CircuitBreakers
Property SubType MultiFamily
Tax Year 2023
Community Features HighwayAccess,Marina,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,Sidewalks
County Providence
Operating Expense 0.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Contingency Inspection Period
Subdivision Name Federal Hill
Garage Y/N No
Total Rooms 10
Status ActiveUnderContract
City Providence
Buyer Agent Compensation 2%
View Y/N No
Senior Community Y/N No
Total Units 2
Lot Size Square Feet 2930.0
Waterfront Y/N No
Carport Y/N No
Street Name Federal
Spa Features HotTub
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4514.32
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://tour.RiLiving.com/86-Federal-ST-Providence-RI-02903
Days on Market 43
Structure Type Apartment
Standard Status ActiveUnderContract
Tax Assessed Value 431600
Tax Lot 0916
MobileHomeRemainsYN No

Interior Features

Basement Full,Unfinished
Flooring CeramicTile,Hardwood,Carpet
Fireplace Features None
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features ThermalWindows
Fireplace Y/N No
Above Grade Finished Area 1354.0
Full Baths 2
Street Suffix Street
Laundry Features InUnit
Total Bedrooms 2
Electric On Property Y/N No
LivingAreaSource PublicRecords
Total Baths 2

Exterior Features

Fencing Fenced
Parking Features NoGarage
Lot Features Multiplelots
Water Source Connected
Total Parking 6.0
Lot Size Area 2930.0
Foundation Details Combination
Number of Buildings 1
Spa Yes
Building Area Total 1354.0
Lot Size Acres 0.0673
Frontage Length 75
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 02903

Price
AVG $500K
$650K
Taxes
AVG $3,443
$4,514
Visits
AVG 54
71
Data Provided by Inside Real Estate®
Year Built
AVG 1890
1880

Areas We Cover