NOT LISTED FOR SALE

424 Benefit St Providence, RI 02903

Fox Point Neighborhood
7 Beds
5 Baths
4,484 Sq Ft
3,871 Sq Ft Lot

Last Sold July 25, 2024

Last sale price $1,450,000 $323 Per Sq Ft

14 Days on Market

Highlights

  • Marina
  • River Access
  • Attic
  • Water Views
  • Wood Flooring
  • 5-minute walk to Brassil Park

About This Home

As of July 2024

Fantastic location in the Fox Point Neighborhood on Historic Benefit St. The Asa Howard ca.1845 Greek Revival home is a well maintained, Legal 5 unit consisting of 3- 1 bedrooms and 2- 2 bedroom units. Unused 3rd floor has 8 original rooms with 8 ft. ceiling height, easily creates ability to expand. Historic details intact, 6 fireplaces. New roof and rebuilt chimneys from roof line in 2016. Exterior freshly painted. Recently installed 5 unit fire alarm system. All units have separate utilities and mechanicals. Garden apartment has laundry hook up. Common Coin op laundry room. 7 car parking. City assessor square footage of 4484 sq. ft. is ABOVE GRADE calculation and does not include spacious, legal garden apartment. Month to month tenants paying below rental market. 1 tenant will vacate August 31, 2024, another tenant vacates July 12, 2024 allowing for immediate market rent.

Last Agent to Sell the Property

Kerrie Doyle

Doyle Realty License #REB.0014198 Listed on: 06/27/2024

Last Buyer's Agent

Elise Pansey

C-21 Butterman & Kryston License #REB.0016001

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,728

Year Built

  • Built in 1845

Lot Details

  • 3,871 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 4,484 Sq Ft Home
  • 4-Story Property
  • 7 Fireplaces
  • Fireplace Features Masonry
  • Living Room
  • Storage Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 7 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • River Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 137
  • Assessor Parcel Number 424426BENEFITSTPROV

Community Details

Overview

  • 4 Units
  • Fox Point Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina

Building Details

  • Operating Expense $8,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,728

Year Built

Built in 1845

Lot Details

3,871 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0889
  • Subdivision Name: Fox Point
  • Above Grade Finished Sq Ft: 4484.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1845
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 7
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Internal Expansion, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Laundry, Living Room, Storage Room, Utility Room
  • Stories: 4
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Paved
  • View: Water
  • View: Yes
  • Waterfront Features: River Access, Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Forced Air, 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, Marina, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3871.0
  • Parcel #: 424426BENEFITSTPROV
  • Zoning: H R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 8120.0

Tax Info

  • Tax Annual Amount: 17727.96
  • Tax Lot: 137
  • Tax Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $1,450,000 -3.3% $323 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $1,500,000 -- $335 / Sq Ft
Source: State-Wide MLS

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 $18,544 $1,324,600 $539,100 $785,500
2024 $17,728 $966,100 $379,400 $586,700
2023 $17,728 $966,100 $379,400 $586,700
2022 $17,197 $966,100 $379,400 $586,700
2021 $21,276 $866,300 $267,900 $598,400
2020 $21,276 $866,300 $267,900 $598,400
2019 $21,276 $866,300 $267,900 $598,400
2018 $20,547 $642,900 $254,600 $388,300
2017 $20,547 $642,900 $254,600 $388,300
2016 $20,547 $642,900 $254,600 $388,300
2015 $20,704 $625,500 $265,600 $359,900
2014 $21,111 $625,500 $265,600 $359,900
2013 $21,111 $625,500 $265,600 $359,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kerrie Doyle

    Doyle Realty

    (401) 862-6442

    14 in this area

    24 Total Sales

    Kerrie Doyle
    Section Image
  • Elise Pansey

    Buyer's Agent in 2024

    Elise Pansey

    C-21 Butterman & Kryston

    (401) 451-9568

    7 in this area

    57 Total Sales

    Elise Pansey
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1362611

State-Wide MLS

APN: PROV P:0160137 L:0000

Rhode Island Providence County Providence 02903 Fox Point

424 Benefit St, Providence, RI

Not Listed for Sale

MultiFamily

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