Address
58 Veazie Street, Providence, RI
Price
$ 549,900
Property Attributes
- MLS#1356660
- TypeContingent
- CountyPROVIDENCE
- CityProvidence
- NeighborhoodProvidence College - Wanskuck
- Zip02908
- StyleMultiFamily
- Year Built1930
- Taxes$ 4810
- Price$ 549,900
- Bedrooms8
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3720
- Lot Size3,485 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Solid Investment property near Providence College with three units and a total of 8 bedrooms and 3 bathrooms. The first floor unit with 2 bedrooms has been completely renovated with new flooring, paint, appliances, and an updated bath. The second and third floor units are identical, with 3 bedrooms and 1 bath each, a large dining room with galley kitchen, large living rooms, and a closed in porch. Each has updated bathrooms, hardwood floors, and bay windows. The property also has a two car garage with additional rental income possibility, replacement windows, new architectural shingle roof (GAF), each unit has a new Viessmann on demand heating and hot water system. Tenants on 2 & 3 are mo to mo with lower than average rents. Currently a 7.5-8% cap, with market rents would be higher. This is also an ideal opportunity for an owner occupant, to live free from a mortgage payment while building equity.
| Price History | |
|---|---|
| 4/18/2024 | Listed $549,900 |
General Features
| Interior Features | TubShower |
|---|---|
| Sewer | Connected,PublicSewer |
| Heating | Baseboard,Gas,HotWater |
| Cooling | Item1Unit |
| Utilities | SewerConnected |
| Appliances | GasWaterHeater,Oven,Range,Refrigerator |
| Zoning | R2 |
| Garage Spaces | 2.0 |
| Construction Materials | Drywall,AluminumSiding,Brick |
| Year Built | 1930 |
| Electric | Item100AmpService |
| Tenant Pays | HotWater |
| Property SubType | MultiFamily |
| Tax Year | 2023 |
| Community Features | NearSchools,PublicTransportation,RecreationArea,Restaurant |
| County | Providence |
| Operating Expense | 9577.0 |
| New Construction | No |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Contingency | Inspection Period |
| Subdivision Name | Providence College / Wanskuck |
| Garage Y/N | Yes |
| Total Rooms | 17 |
| Status | ActiveUnderContract |
| City | Providence |
| Buyer Agent Compensation | 2.5 |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 3 |
| Lot Size Square Feet | 3485.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Veazie |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 4810.0 |
| 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 |
| Days on Market | 7 |
| Structure Type | Apartment |
| Standard Status | ActiveUnderContract |
| Tax Assessed Value | 349500 |
| Tax Lot | 492 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | Full,InteriorEntry,PartiallyFinished |
|---|---|
| Flooring | CeramicTile,Hardwood,Laminate |
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 3720.0 |
| Full Baths | 3 |
| Street Suffix | Street |
| Laundry Features | CommonArea |
| Total Bedrooms | 8 |
| Electric On Property Y/N | No |
| LivingAreaSource | PublicRecords |
| Total Baths | 3 |
Exterior Features
| Parking Features | Detached,Garage |
|---|---|
| Lot Features | Paved |
| Water Source | Connected,Public |
| Total Parking | 8.0 |
| Inclusions | Third floor tenant owns the washer and dryer in the basement. |
| Lot Size Area | 3485.0 |
| Foundation Details | BrickMortar,Combination |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 3720.0 |
| Lot Size Acres | 0.08 |
| Lot Size Units | SquareFeet |
| Covered Spaces | 2.0 |
| 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 02908
Price
Taxes
Visits
Year Built
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