78 Cypress St Providence, RI 02906
Mount Hope NeighborhoodEstimated payment $5,246/month
Highlights
- Wood Flooring
- Recreation Facilities
- Public Transportation
- Corner Lot
- Storage Room
- 2-minute walk to Billy Taylor Park
About This Home
An exceptional investment opportunity very well maintained located in the East side of Providence. All three units are very spacious with 2 bedrooms. The first and second floor living room and dining room are separated by beautiful french pocket doors. Newer kitchens with quartz and granite countertops, updated bathrooms,windows,some original refinished Hardwood floors,in unit laundry for all units. Separate heat and hot water. The property is fully fire-coded and deleaded seller has lead compliance certificates for all 3 units. First floor has central air. Enjoy privacy in the partially fenced corner lot yard. Paved driveway with ample off street parking. Great for owner occupied or excellent rental income producing for investors. Dream tenants - 1st floor rented until 2/28/2026, 2nd floor owners unit and 3rd floor rented until 7/31/2026. Embrace urban living at its finest while enjoying the convenience of local amenities.
Listing Agent
William Raveis Inspire License #RES.0041625 Listed on: 08/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,697
Year Built
- Built in 1900
Lot Details
- 4,193 Sq Ft Lot
- Corner Lot
Home Design
- Vinyl Siding
Interior Spaces
- 3,897 Sq Ft Home
- 3-Story Property
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 5 Parking Spaces
- No Garage
- Driveway
Utilities
- No Cooling
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heating System Uses Oil
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 462
- Assessor Parcel Number 78CYPRESSSTPROV
Community Details
Overview
- 3 Units
- Mt Hope Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $10,146 | $552,900 | $212,500 | $340,400 |
| 2023 | $10,146 | $552,900 | $212,500 | $340,400 |
| 2022 | $9,055 | $508,700 | $212,500 | $296,200 |
| 2021 | $6,734 | $274,200 | $95,600 | $178,600 |
| 2020 | $6,734 | $274,200 | $95,600 | $178,600 |
| 2019 | $6,734 | $274,200 | $95,600 | $178,600 |
| 2018 | $6,008 | $188,000 | $84,000 | $104,000 |
| 2017 | $6,008 | $188,000 | $84,000 | $104,000 |
| 2016 | $6,008 | $188,000 | $84,000 | $104,000 |
| 2015 | $5,736 | $173,300 | $92,500 | $80,800 |
| 2014 | $5,849 | $173,300 | $92,500 | $80,800 |
| 2013 | $5,849 | $173,300 | $92,500 | $80,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $899,000 | +37.7% | $231 / Sq Ft | |
| 08/16/2022 08/16/22 | Sold | $653,000 | -4.0% | $185 / Sq Ft | View Prior Sale |
| 05/31/2022 05/31/22 | Price Changed | $679,900 | 0.0% | $193 / Sq Ft | |
| 05/31/2022 05/31/22 | For Sale | $679,999 | +123.0% | $193 / Sq Ft | |
| 02/07/2019 02/07/19 | Sold | $305,000 | +1.7% | $66 / Sq Ft | View Prior Sale |
| 01/08/2019 01/08/19 | Pending | -- | -- | -- | |
| 10/08/2018 10/08/18 | For Sale | $299,900 | -- | $65 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $653,000 | None Available | |
| Executors Deed | $305,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $641,025 | FHA | |
| Previous Owner | $250,000 | New Conventional |
Source: State-Wide MLS
MLS Number: 1393397
APN: PROV-050462-000000-000000
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