Address
532 Union Avenue, Providence, RI
Price
$ 650,000
Property Attributes
  • MLS#1357065
  • TypeContingent
  • CountyPROVIDENCE
  • CityProvidence
  • Zip02909
  • StyleMultiFamily
  • Year Built1928
  • Taxes$ 2023
  • Price$ 650,000
  • Bedrooms10
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2730
  • Lot Size4,792 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Here's the four-unit property you have been waiting for. Nestled in this vibrant city, it represents a unique opportunity for investors and creative minds alike. Bring your vision and transform this property into a high income producing investment. The 2 front units are 3 bedrooms each and the 2 back units are 2 bedrooms each offering opportunity for your tenants to pay most if not all of your mortgage. Conveniently located near shopping centers, laundry mats and plenty of dining options. Tenants pay their own utilities. Seller is planning on a 1031 exchange.

Price History
4/18/2024 Listed $650,000

General Features

Interior Features TubShower
Sewer Connected,PublicSewer
Heating Baseboard,Gas,Other
Cooling None
Utilities SewerConnected
Possession Negotiable
Appliances Oven,Range,Refrigerator,WaterHeater
HOA 0.0
Garage Spaces 0.0
Construction Materials AluminumSiding
Year Built 1928
Electric Item100AmpService
Property SubType MultiFamily
Community Features HighwayAccess,NearHospital,NearSchools,PublicTransportation,Restaurant,Shopping
County Providence
Operating Expense 0.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Contingency Inspection Period
Garage Y/N No
Total Rooms 16
Status ActiveUnderContract
City Providence
Buyer Agent Compensation 2
View Y/N No
Senior Community Y/N No
Total Units 4
Lot Size Square Feet 4792.0
Waterfront Y/N No
Carport Y/N No
Street Name Union
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2023.0
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
Virtual Tour https://tour.RiLiving.com/532-Union-AV-Providence-RI-02909
Days on Market 9
Standard Status ActiveUnderContract
Tax Assessed Value 346900
Tax Lot 465
MobileHomeRemainsYN No

Interior Features

Basement ExteriorEntry,Full,InteriorEntry,PartiallyFinished
Flooring Hardwood,Laminate,Vinyl
Fireplace Features None
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 2730.0
Full Baths 4
Street Suffix Avenue
Total Bedrooms 10
Electric On Property Y/N No
LivingAreaSource PublicRecords
Total Baths 4

Exterior Features

Parking Features NoGarage
Water Source Connected,Public
Total Parking 8.0
Lot Size Area 4792.0
Number of Buildings 1
Spa No
Building Area Total 2730.0
Lot Size Acres 0.11
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 02909

Price
AVG $460K
$650K
Taxes
AVG $4,324
$2,023
Visits
AVG 125
62
Data Provided by Inside Real Estate®
Year Built
AVG 1922
1928

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