NOT LISTED FOR SALE
8 Beds
4 Baths
2,500 Sq Ft
3,920 Sq Ft Lot

Last Sold June 10, 2024

Last sale price $510,000 $204 Per Sq Ft

20 Days on Market

About This Home

As of June 2024

Horvath & Tremblay is pleased to present the exclusive sale of the multi-family investment property located at 49 Commodore Street in Providence, Rhode Island (the “Property”). The Property consists of a three-story building with four (4) residential units comprised of two (2), 1-Bedroom/1-Bathroom units and two (2), 3-Bedroom/1 Bathroom units with 2,500 square feet of living area in 3,520 square feet of gross area, on a 0.091-acre parcel. The Property also features ample on-site parking for residents.Located in Providence’s Charles neighborhood, 49 Commodore Street offers unparalleled access to Downtown Providence, three colleges and universities, and is 1.5-miles to the Providence Train Station (Amtrak, Acela & the MBTA’s Providence/Stoughton Line). Adding to the area’s appeal is the proximity to a robust employment market, local and national retailers and restaurants, and major roadways. 49 Commodore Street offers the opportunity to acquire a well-located, stabilized asset in one.

Last Agent to Sell the Property

Sean McHale

Horvath & Tremblay Listed on: 03/04/2024

Last Buyer's Agent

Sean McHale

Horvath & Tremblay Listed on: 03/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 1910

Lot Details

  • 4,000 Sq Ft Lot
  • Fenced

Parking

  • 5 Car Parking Spaces

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 4 Units
  • Net Operating Income $51,000

Listing and Financial Details

  • Total Actual Rent $4,250
  • Assessor Parcel Number 52071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,969

Year Built

Built in 1910

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1910
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Living Area: 2500
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2723
  • MAIN SO: AN2723

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 52071
  • Zoning: R-3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4969

Multi Family

  • Net Operating Income: 51000
  • Number Of Units Total: 4
  • Total Actual Rent: 4250
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y
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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 Prior Sale
06/10/2024 06/10/24 Sold $510,000 -7.3% $204 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $550,000 +34.1% $220 / Sq Ft
06/09/2022 06/09/22 Sold $410,000 -3.5% $102 / Sq Ft View Prior Sale
03/01/2022 03/01/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $425,000 -- $106 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,776 $484,000 $128,000 $356,000
2024 $4,969 $270,800 $68,000 $202,800
2023 $4,969 $270,800 $68,000 $202,800
2022 $4,820 $270,800 $68,000 $202,800
2021 $4,458 $181,500 $61,000 $120,500
2020 $4,458 $181,500 $61,000 $120,500
2019 $4,458 $181,500 $61,000 $120,500
2018 $4,206 $131,600 $47,100 $84,500
2017 $4,206 $131,600 $47,100 $84,500
2016 $4,206 $131,600 $47,100 $84,500
2015 $3,542 $107,000 $49,900 $57,100
2014 $3,611 $107,000 $49,900 $57,100
2013 $3,611 $107,000 $49,900 $57,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73208246

MLS Property Information Network (MLS PIN)

APN: PROV P:0710399 L:0000

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