$324,500
$25K PRICE DROP

Estimated payment $2,145/month

Total Views 14,224
8 Beds
2 Baths
3,602 Sq Ft
$90 Price per Sq Ft

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Porch
  • Corner Lot
  • Thermal Windows
  • Storm Windows

About This Home

This listing is one of two abutting 2 family properties that must be sold together for a total of 4 units: 125-127 Elm Street and 7-9Gaulin Avenue, see MLS# 1379253. Spacious and well-maintained properties with excellent rental history and cash flow. All units feature separate electric and gas utilities for tenants to pay. Also available as a portfolio sale of 13 total units with 9 additional units located at 133-121-125 Church Street. See MLS# 1380125.

Listing Agent

Michael Russo

RI Real Estate Services License #REB.0018125

RI Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1900

Lot Details

  • 2,705 Sq Ft Lot
  • Corner Lot

Home Design

  • Fixer Upper
  • Combination Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,602 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Storm Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 1 Parking Space
  • No Garage
  • Driveway

Outdoor Features

  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 125127ELMSTWOON

Community Details

Overview

  • 2 Units
  • East Side Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $13,723

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,154

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0621
  • Subdivision Name: East Side
  • Above Grade Finished Sq Ft: 3602.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2705.0
  • Parcel #: 125127ELMSTWOON
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 13723.0

Tax Info

  • Tax Annual Amount: 4154.0
  • Tax Lot: 29
  • Tax Map Number: 36
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $4,154 $285,700 $76,600 $209,100
2023 $3,994 $285,700 $76,600 $209,100
2022 $3,994 $285,700 $76,600 $209,100
2021 $3,247 $136,700 $32,500 $104,200
2020 $3,281 $136,700 $32,500 $104,200
2018 $3,292 $136,700 $32,500 $104,200
2017 $3,660 $121,600 $34,200 $87,400
2016 $3,872 $121,600 $34,200 $87,400
2015 $4,448 $121,600 $34,200 $87,400
2014 $4,270 $118,800 $37,600 $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $324,500 -50.0% $90 / Sq Ft
04/29/2025 04/29/25 Price Changed $649,000 -7.3% $109 / Sq Ft
03/16/2025 03/16/25 For Sale $699,800 +100.0% $117 / Sq Ft
03/04/2025 03/04/25 For Sale $349,900 -5.4% $97 / Sq Ft
09/07/2021 09/07/21 Sold $370,000 +2.8% $77 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $359,900 -- $75 / Sq Ft
Source: State-Wide MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $370,000 None Available
Warranty Deed $370,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 Purchase Money Mortgage
Closed $275,000 Purchase Money Mortgage
Source: Public Records

Source: State-Wide MLS

MLS Number: 1379242

State-Wide MLS

APN: WOON-000036J-000029-000019