Seller's Agent in 2024
Tony Lanni
RE/MAX Preferred
(401) 263-5281
2 in this area
122 Total Sales
387 Broadway Providence, RI 02909
West End Neighborhood
5
Beds
6
Baths
4,200
Sq Ft
5,000
Sq Ft Lot
Highlights
- Property is near public transit
- Shops
- Coin Laundry
- Wood Flooring
About This Home
As of November 2024AMAZING OPPORTUNITY to own this SIX unit on Broadway! Located in the heart of Providence's emerging historic zone! Located just off Federal Hill and a few minute's walk to downtown Providence. Zoned comm/res. Fully occupied with great income. Units have their own utilities and bills. Off street parking. Laundry on site. Potential for future storage. Low maintenance. Close to all area colleges: Brown, JW, RIC, PC and RISD. Plus seconds from route 95, it's a commuter's dream! MUST have financing in place prior to showing, no exceptions. Call Right Now!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,500
Year Built
- Built in 1900
Lot Details
- 5,000 Sq Ft Lot
Home Design
- Stone Foundation
Interior Spaces
- 4,200 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $9,000
- Tax Lot 10
- Assessor Parcel Number 55479
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Building Details
- Electric Expense $1,000
- Insurance Expense $6,800
- Water Sewer Expense $3,000
- Operating Expense $30,000
- Net Operating Income $80,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $985,000 | -4.8% | $235 / Sq Ft |
| 10/23/2024 10/23/24 | Pending | -- | -- | -- |
| 10/10/2024 10/10/24 | Price Changed | $1,035,000 | -1.4% | $246 / Sq Ft |
| 09/20/2024 09/20/24 | Price Changed | $1,050,000 | 0.0% | $250 / Sq Ft |
| 09/10/2024 09/10/24 | Rented | $1,600 | 0.0% | -- |
| 09/09/2024 09/09/24 | For Sale | $1,100,000 | 0.0% | $262 / Sq Ft |
| 09/09/2024 09/09/24 | For Rent | $1,600 | 0.0% | -- |
| 05/30/2024 05/30/24 | Rented | $1,600 | -3.0% | -- |
| 05/18/2024 05/18/24 | For Rent | $1,650 | 0.0% | -- |
| 05/16/2024 05/16/24 | Rented | $1,650 | 0.0% | -- |
| 05/09/2024 05/09/24 | For Rent | $1,650 | 0.0% | -- |
| 06/15/2023 06/15/23 | Rented | $1,650 | +32.0% | -- |
| 06/13/2023 06/13/23 | Under Contract | -- | -- | -- |
| 06/06/2023 06/06/23 | Price Changed | $1,250 | -13.8% | $2 / Sq Ft |
| 04/27/2023 04/27/23 | Price Changed | $1,450 | -12.1% | $2 / Sq Ft |
| 04/11/2023 04/11/23 | For Rent | $1,650 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Tony Lanni
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73287530
APN: PROV P:0330010 L:0000
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