Seller's Agent in 2023
Eric Chauvin
Weichert Realtors-Penrose Grp
(617) 448-0910
1 in this area
10 Total Sales
681 Charles St Providence, RI 02904
Charles Neighborhood
8
Beds
4
Baths
5,172
Sq Ft
4,792
Sq Ft Lot
About This Home
As of November 2023This exquisite, rare 4-family townhouse-style building is a true gem, generating an impressive $4800 per month in rental income. Leases are month-to-month and one unit is vacant making this a great opportunity for an owner-occupied investor or developer! Two units feature recently updated kitchens and baths. The exterior was just painted and landscaped making this a turnkey investment. Each unit boasts a living room and kitchen on the first floor, two bedrooms on the second floor, and a private full-size basement with laundry hookups perfect for additional storage or potential expansion possibilities. This property boasts easy access to I-95, Route 146, shopping centers, and all essential amenities, making it an ideal location for tenants. The included profit and loss statement with the cap rate for each year provides a comprehensive overview of the investment potential, making it an opportunity that you don't want to miss.
Last Agent to Sell the Property
Weichert Realtors-Penrose Grp License #REB.0018204 Listed on: 07/25/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,309
Year Built
- Built in 1988
Lot Details
- 4,792 Sq Ft Lot
Home Design
- Wood Siding
Interior Spaces
- 5,172 Sq Ft Home
- Laminate Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Community Details
- 4 Units
- Operating Expense $13,234
Listing and Financial Details
- Tax Lot 342
- Assessor Parcel Number 681CHARLESSTPROV
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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 |
|---|---|---|---|---|
| 11/29/2023 11/29/23 | Sold | $618,000 | +3.2% | $119 / Sq Ft |
| 10/19/2023 10/19/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | For Sale | $599,000 | 0.0% | $116 / Sq Ft |
| 08/03/2023 08/03/23 | Pending | -- | -- | -- |
| 07/25/2023 07/25/23 | For Sale | $599,000 | -- | $116 / 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 | $9,220 | $658,600 | $129,000 | $529,600 |
| 2024 | $8,309 | $452,800 | $84,600 | $368,200 |
| 2023 | $8,309 | $452,800 | $84,600 | $368,200 |
| 2022 | $7,766 | $436,300 | $84,600 | $351,700 |
| 2021 | $7,235 | $294,600 | $63,000 | $231,600 |
| 2020 | $7,235 | $294,600 | $63,000 | $231,600 |
| 2019 | $7,235 | $294,600 | $63,000 | $231,600 |
| 2018 | $8,025 | $251,100 | $48,700 | $202,400 |
| 2017 | $8,025 | $251,100 | $48,700 | $202,400 |
| 2016 | $8,025 | $251,100 | $48,700 | $202,400 |
| 2015 | $6,289 | $190,000 | $49,300 | $140,700 |
| 2014 | $6,413 | $190,000 | $49,300 | $140,700 |
| 2013 | $6,413 | $190,000 | $49,300 | $140,700 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Chauvin
-
Jared Iannelli
J
Seller Co-Listing Agent in 2023
Jared Iannelli
Weichert Realtors-Penrose Grp
(401) 338-9622
1 in this area
6 Total Sales
-
Ahmed Mohammed
A
Buyer's Agent in 2023
Ahmed Mohammed
eXp Realty
(773) 614-9005
1 in this area
2 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1340289
APN: PROV P:0970342 L:0000
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