$1,490,000
SOLD OCT 5, 2020

75 Orchard Ave Providence, RI 02906

Wayland Neighborhood
9 Beds
10 Baths
6,300 Sq Ft
0.25 Acres

Recently Sold

$237 Per Sq Ft

10% Below List Price

99 Days on Market

Highlights

  • Marina
  • Deck
  • Attic
  • 0.25 Acre Lot
  • Wood Flooring
  • 4-minute walk to Paterson Park

About This Home

As of October 2020

75 Orchard, in the heart of Wayland Square, is a rare offering on the East Side of Providence, a luxury 4-unit property offering the best of everything. This grand, historic property with extensive intricate detail was gut renovated within the last decade--meaning all new wiring, plumbing, insulation and commercial fire system. There are two 3 bed, 2.5 bath townhouse units, one 2 bed, 2.5 bath townhouse unit, and one 1 bed, 1 bath unit--each full of individual charm and grace. All have hardwood floors, granite/stainless kitchens, updated bathrooms, replacement windows, air conditioning and some have gas fireplaces. Each unit includes private basement storage and designated outdoor spaces, whether it's a porch, deck or patio. The lawn is kept lush via a sprinkler system and there is a lot for 7 to park comfortably. Whether you're looking for a luxury home to owner occupy, while tenants help you pay the mortgage or a safe buy and hold investment property with about $130k in annual income, 75 Orchard represents the best of what East Side multi-family ownership is about. Please reach out for info on various financing options. (Investor taxes would be $27,082.)

Last Agent to Sell the Property

Nelson Taylor

Compass Listed on: 05/28/2020

Compass

Last Buyer's Agent

Joe DeChristofaro

RI Realty Sales & Mgt License #REB.0016149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,236

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 6,300 Sq Ft Home
  • 4-Story Property
  • 4 Fireplaces
  • Fireplace Features Masonry
  • Gas Fireplace
  • Thermal Windows
  • Wood Flooring
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 7 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 259
  • Assessor Parcel Number 75ORCHARDAVPROV

Community Details

Overview

  • 4 Units
  • Wayland Square Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Building Details

  • Operating Expense $36,079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,236

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Subdivision Name: Wayland Square
  • Above Grade Finished Sq Ft: 6300.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: Gas, Masonry, Tile
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Hardwood, Other
  • Interior Amenities: Attic
  • Stories: 4
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Corner Lot, Paved, Sprinkler System
  • Construction Type: Plaster, Brick, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 75ORCHARDAVPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 36079.0

Tax Info

  • Tax Annual Amount: 16236.0
  • Tax Lot: 259
  • Tax Year: 2019

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Range of Values:

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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 Change Sq Ft Price
10/05/2020 10/05/20 Sold $1,490,000 -9.7% $237 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $1,650,000 +91.9% $262 / Sq Ft
10/28/2014 10/28/14 Sold $860,000 -33.8% $151 / Sq Ft
09/28/2014 09/28/14 Pending -- -- --
06/26/2013 06/26/13 For Sale $1,300,000 -- $228 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nelson Taylor

    Seller's Agent in 2020

    Nelson Taylor

    Compass

    (401) 214-1524

    11 in this area

    612 Total Sales

    Nelson Taylor
    Section Image
  • Joe DeChristofaro

    Buyer's Agent in 2020

    Joe DeChristofaro

    RI Realty Sales & Mgt

    (401) 837-1976

    1 in this area

    39 Total Sales

    Joe DeChristofaro
    Section Image

  • J

    Seller's Agent in 2014

    Jeffrey Miksis

    PHIPPS REALTY

  • T

    Buyer's Agent in 2014

    Taylor & Company

    Residential Properties, Ltd.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1254823

State-Wide MLS

APN: PROV P:0390259 L:0000

Rhode Island Providence County Providence 02906 Wayland

75 Orchard Ave, Providence, RI

This home is located at 75 Orchard Ave, Providence, RI 02906 and is currently priced at $1,490,000, approximately $236 per square foot. This property was built in 1900. 75 Orchard Ave is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Robert L. Bailey IV Elementary.

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.

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