NOT LISTED FOR SALE

120 Governor St Providence, RI 02906

College Hill Neighborhood

Estimated Value: $756,616

3 Beds
2.5 Baths
1,680 Sq Ft
$450/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $525,000 $312 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,830/month

16 Days on Market

Highlights

  • Wood Flooring
  • 5 Car Detached Garage
  • Bathtub with Shower
  • Walking Distance to Water
  • Window Unit Cooling System
  • Public Transportation

About This Home

As of April 2021

Fabulous location! Walking distance to Brown University! 3 unit with 5 car garage and ample parking near Benevolent St Mixed use zoning, currently one retail and two residential. Fox Point Neighborhood and short walk to Wayland Square and all that the East Side has to offer. all unit are fully rented month to month (hair salon long terms tenets ) Great income potential !!! ROI 12% with 10%down owner financial available

Last Agent to Sell the Property

Adi Avraham

C-21 Butterman & Kryston License #RES.0044307 Listed on: 03/14/2021

Last Buyer's Agent

Joanne Chang

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,958

Year Built

  • Built in 1930

Lot Details

  • 6,534

Parking

  • 5 Car Detached Garage

Home Design

  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Wood Flooring
  • Attic Fan

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • 6,534 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number 120122GOVERNORSTPROV

Community Details

Overview

  • 3 Units
  • Fox Point Subdivision

Additional Features

  • Public Transportation
  • Operating Expense $19,518

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,958

Year Built

Built in 1930

Lot Details

0

Parking

5

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Subdivision Name: FOX POINT
  • Above Grade Finished Sq Ft: 1680.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 5.0
  • Garage Spaces: 5.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 13.0

Utilities

  • Cooling: Attic Fan, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 120122GOVERNORSTPROV
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 19518.13

Tax Info

  • Tax Annual Amount: 12958.0
  • Tax Lot: 98
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Apr 30, 2021
Sold by
Governor Assets Mgmt Llc
Bought by
120 Governor St Llc
Seller's Agent
Adi Avraham
C-21 Butterman & Kryston
Buyer's Agent
Joanne Chang
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$756,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,616
Avg. Annual Appreciation
8.25%
Original Mortgage
$367,500
Outstanding Balance
$331,808
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$424,808

Purchase Details

Closed on
Feb 13, 2007
Sold by
Alexander Gregoria Faial and Alexander Gregoria
Bought by
Governor Assets Mgmt L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.22%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
120 Governor St Llc $525,000 None Available
Governor Assets Mgmt L $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 120 Governor St Llc $367,500
Previous Owner Governor Assets Mgmt L $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $525,000 0.0% $313 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $525,000 -- $313 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,344 $708,500 $424,500 $284,000
2024 -- $441,600 $283,000 $158,600
2023 $0 $441,600 $283,000 $158,600
2022 $0 $441,600 $283,000 $158,600
2021 $0 $353,100 $243,400 $109,700
2020 $0 $353,100 $243,400 $109,700
2019 $0 $353,100 $243,400 $109,700
2018 $0 $343,900 $243,400 $100,500
2017 $0 $343,900 $243,400 $100,500
2016 -- $343,900 $243,400 $100,500
2015 -- $326,300 $231,800 $94,500
2014 -- $326,300 $231,800 $94,500
2013 -- $326,300 $231,800 $94,500
Source: Public Records

Agents Affiliated with this Home

  • Adi Avraham

    Seller's Agent in 2021

    Adi Avraham

    C-21 Butterman & Kryston

    (407) 520-0012

    1 in this area

    10 Total Sales

    Adi Avraham
    Section Image

  • J

    Buyer's Agent in 2021

    Joanne Chang

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1277470

State-Wide MLS

APN: PROV-130098-000000-000000

Rhode Island Providence County Providence 02906 College Hill

120 Governor St, Providence, RI

Not Listed for Sale

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