$349,900
UNDER CONTRACT

242 Wayland Ave Unit 2 Providence, RI 02906

Wayland Neighborhood

Estimated payment $2,380/month

Total Views 27,177
1 Bed
1 Bath
840 Sq Ft
$417 Price per Sq Ft

Highlights

  • Hot Property
  • Corner Lot
  • 1 Car Detached Garage
  • Wood Flooring
  • Recreation Facilities
  • 2-minute walk to Gladys Potter Park

About This Home

This first-floor one-bedroom condo is set in the heart of Wayland Square with a layout that highlights its charming original features and a comfortable sense of space. The living room includes a fireplace, original hardwood floors in beautiful condition, massive windows that fill the room with natural light, and 10-foot ceilings that add an open, airy feel. Ample storage throughout, including in the bedroom, makes condo living feel organized and surprisingly spacious. The building provides in-house laundry, off-street parking for one car, and a maintainable condo fee that keeps everyday living straightforward. Just a short walk to the shops, restaurants, and activity of Wayland Square - and within close reach of everything on the East Side - this property is a well-located place to call home. 242 Wayland awaits its next caretaker

Listing Agent

Stephen Gaskin

Residential Properties Ltd. License #RES.0048283 Listed on: 12/09/2025

Residential Properties Ltd.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1900

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 1 Car Detached Garage
  • Driveway
  • Assigned Parking

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 269
  • Assessor Parcel Number 242WAYLANDAV2PROV

Community Details

Overview

  • Association fees include insurance, laundry, ground maintenance, parking, snow removal, water
  • 5 Units
  • Wayland Square Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,298

Year Built

Built in 1900

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Subject to seller securing suitable housing. Pets are allowed with approval from the condo Board.
  • Subdivision Name: Wayland Square
  • Above Grade Finished Sq Ft: 840.0
  • Building Name: Adway
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Cats,Large Dogs (over 25 lbs.),Pets Negotiable,Small Dogs (under 25 lbs.)
  • Special Features: 4224
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: None
  • Fireplace Features: Masonry, Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 840.0
  • Stories: 1

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Detached, 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
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Laundry, Maintenance Grounds, Parking, Snow Removal, Water

Lot Info

  • Parcel #: 242WAYLANDAV2PROV

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 2298.0
  • Tax Lot: 269
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $3,995 $273,600 $0 $273,600
2024 $3,931 $214,200 $0 $214,200
2023 $3,931 $214,200 $0 $214,200
2022 $3,813 $214,200 $0 $214,200
2021 $5,047 $205,500 $0 $205,500
2020 $5,047 $205,500 $0 $205,500
2019 $5,047 $205,500 $0 $205,500
2018 $6,063 $189,700 $0 $189,700
2017 $6,063 $189,700 $0 $189,700
2016 $6,063 $189,700 $0 $189,700
2015 $5,945 $179,600 $0 $179,600
2014 $6,062 $179,600 $0 $179,600
2013 $5,943 $176,100 $0 $176,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 For Sale $349,900 -- $417 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed $192,500 --
Deed $208,000 --
Deed $172,500 --
Deed $117,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,070 No Value Available
Closed $154,000 Purchase Money Mortgage
Previous Owner $201,875 No Value Available
Previous Owner $81,900 No Value Available
Source: Public Records

About the Listing Agent

Stephen Gaskin

Residential Properties Ltd.

(401) 373-3260

Section Image

Licensed in Rhode Island and Massachusetts, Stephen knows how to get the maximum value for your property. Whatever the price point, he advises buyers and sellers with a high-touch, collaborative style, marketing homes from start to finish. Before joining RPL, he was Director of Marketing & Operations for a successful team at Berkshire Hathaway HomeServices Robert Paul Properties. Born and raised in Rhode Island, his knack for nailing down the details while keeping the process moving forward

Stephen's Other Listings

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    • 5 Beds
    • 4 Baths
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  • 109 Bowen St, Providence, RI 02906

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    Investment opportunity abounds with this sustainable four-unit property on College Hill, perfectly positioned within walking distance of Prospect Street and the vibrant energy of surrounding neighborhoods. Offering a strong mix of rental options, the building features one spacious three-bedroom unit, a four-bedroom, two-bath unit, and two efficient studio apartments, all generating healthy rents

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    Section Image
  • 273 Wickenden St, Providence, RI 02903

    $1,475,000 Pending

    • 12 Beds
    • 6 Baths
    • 3,650 Sq Ft
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    Investment opportunity awaits on vibrant Wickenden Street in the heart of Fox Point. This unique property features two separate three unit buildings, each offering a strong and steady income stream with room to enhance and grow rental potential. Surrounded by the charm and energy that define one of Providence's most desirable neighborhoods, tenants enjoy walkable access to local restaurants,

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  • 84 Transit St, Providence, RI 02906

    $2,095,000

    • 11 Beds
    • 9 Baths
    • 5,957 Sq Ft
    • 84 Transit St
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    Located in the heart of Fox Point, just steps from historic Benefit Street, this exceptional 8-unit, two-building property offers a rare investment opportunity in one of Providence's most desirable neighborhoods. With a strong existing income stream and mostly month-to-month tenants, there's immediate potential for improvement to enhance overall returns. Both buildings have been well maintained,

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  • 1167 Newport Ave, Pawtucket, RI 02861

    $750,000 Pending

    • 8 Beds
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    • 4,089 Sq Ft
    • 1167 Newport Ave
    • Pawtucket, RI

    Outstanding investment opportunity in Pawtucket's sought-after Darlington neighborhood. This solid brick 6-unit building delivers immediate income with excellent long-term potential. Offering four 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units, the property provides a versatile mix that attracts a wide range of renters, each with individually metered electric for easy management.

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  • 46 Taft Ave, Providence, RI 02906

    $887,400 Sold Aug 18, 2025

    • 3 Beds
    • 4 Baths
    • 1,974 Sq Ft
    • 46 Taft Ave
    • Providence, RI

    If you've been searching for the ultimate turn-key East Side condo, look no further. This impeccably maintained and elegantly upgraded townhouse is one of the most coveted units at the rarely offered Wayfield Townhomes, flaunting a rare blend of space, style, and chic East Side living. With three spacious bedrooms, two full and two half baths, the layout is both functional and thoughtfully

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  • 96 Woodbine St, Providence, RI 02906

    $720,000 Sold Dec 09, 2025

    • 3 Beds
    • 1.5 Baths
    • 1,732 Sq Ft
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    Astutely named by its current stewards as the "Crown of Mount Hope," this color drenched Colonial radiates warmth, character, and undeniable vibes. Perfectly situated in the desirable Hope Village neighborhood, this 3-bedroom, 1.5-bath home offers an array of classic charm sprinkled with modern flair. Natural light pours through every room - from the welcoming living room with its cozy fireplace

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  • 40 Cypress St, Providence, RI 02906

    $815,000 Sold Jun 30, 2025

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    • 3 Baths
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    Welcome to this oversized and well-maintained 3-family home located in the heart of Providence's desirable Mount Hope neighborhood. Lovingly cared for and owner-occupied for the last 20 years, each unit offers 3 large bedrooms, 1 full bath, original hardwood flooring, expansive ceiling heights, and charming ornate decorative fireplaces. Units 1 and 3 are equipped with central air, while Unit 2

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  • 18 Baker St Unit 20, East Providence, RI 02914

    $520,000 Sold Dec 08, 2025

    • 4 Beds
    • 3 Baths
    • 3,043 Sq Ft
    • 18 Baker St
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    Desirable 2-family home in East Providence situated on an oversized lot with exceptional potential to expand income through the addition of an ADU. The first floor unit spans two levels, the main floor and the partially finished basement, and offers 3 spacious bedrooms and 2 full baths, along with in-unit laundry and generous living space that appeals to both owner-occupants and long-term

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Source: State-Wide MLS

MLS Number: 1401143

State-Wide MLS

APN: PROV-390269-000000-000002