Seller's Agent in 2024
Tony Lanni
RE/MAX Preferred
(401) 263-5281
2 in this area
120 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 and schools
- 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
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
Additional Features
- 5,000 Sq Ft Lot
- Property is near public transit and 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $23,722 | $912,400 | $154,800 | $757,600 |
| 2024 | -- | $408,400 | $86,000 | $322,400 |
| 2023 | $0 | $408,400 | $86,000 | $322,400 |
| 2022 | $0 | $408,400 | $86,000 | $322,400 |
| 2021 | $0 | $365,400 | $68,100 | $297,300 |
| 2020 | $0 | $365,400 | $68,100 | $297,300 |
| 2019 | $0 | $365,400 | $68,100 | $297,300 |
| 2018 | $0 | $344,300 | $68,100 | $276,200 |
| 2017 | $0 | $344,300 | $68,100 | $276,200 |
| 2016 | -- | $344,300 | $68,100 | $276,200 |
| 2015 | -- | $315,300 | $64,800 | $250,500 |
| 2014 | -- | $315,300 | $64,800 | $250,500 |
| 2013 | -- | $315,300 | $64,800 | $250,500 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Lanni
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73287530
APN: PROV P:0330010 L:0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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