870 Douglas Ave Providence, RI 02908
Wanskuck NeighborhoodEstimated payment $4,934/month
Total Views
6,036
8
Beds
4.5
Baths
4,000
Sq Ft
$194
Price per Sq Ft
About This Home
Attention investors and owner-occupants! Don’t miss this exceptional opportunity to acquire a fully leased four-family property generating over $70,000 in annual rental income -with exceptional ROI. Whether you're seeking a solid investment or a multifamily residence, this offering presents both potential and versatility. The property is priced to sell. All units have Lead Cert and great rental history.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,800
Year Built
- Built in 1930
Lot Details
- 3,015 Sq Ft Lot
Home Design
- 4,000 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
Listing and Financial Details
- Assessor Parcel Number 61747
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Net Operating Income $72,000
Map
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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 | -- | $249,700 | $70,300 | $179,400 |
| 2023 | $0 | $249,700 | $70,300 | $179,400 |
| 2022 | $0 | $249,700 | $70,300 | $179,400 |
| 2021 | $0 | $207,000 | $50,500 | $156,500 |
| 2020 | $0 | $207,000 | $50,500 | $156,500 |
| 2019 | $0 | $207,000 | $50,500 | $156,500 |
| 2018 | $0 | $177,900 | $50,500 | $127,400 |
| 2017 | $0 | $177,900 | $50,500 | $127,400 |
| 2016 | -- | $177,900 | $50,500 | $127,400 |
| 2015 | -- | $165,400 | $48,100 | $117,300 |
| 2014 | -- | $165,400 | $48,100 | $117,300 |
| 2013 | -- | $165,400 | $48,100 | $117,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Pending | -- | -- | -- |
| 07/26/2025 07/26/25 | For Sale | $777,000 | 0.0% | $194 / Sq Ft |
| 05/05/2025 05/05/25 | Rented | $1,400 | 0.0% | -- |
| 05/05/2025 05/05/25 | For Rent | $1,400 | 0.0% | -- |
| 10/11/2024 10/11/24 | Sold | $530,000 | +6.0% | $166 / Sq Ft |
| 09/08/2024 09/08/24 | Pending | -- | -- | -- |
| 09/02/2024 09/02/24 | For Sale | $499,900 | 0.0% | $156 / Sq Ft |
| 08/09/2024 08/09/24 | Pending | -- | -- | -- |
| 07/31/2024 07/31/24 | For Sale | $499,900 | +25.0% | $156 / Sq Ft |
| 07/22/2022 07/22/22 | Sold | $400,000 | +902.5% | $111 / Sq Ft |
| 05/14/2022 05/14/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $39,900 | -53.1% | $11 / Sq Ft |
| 08/01/2014 08/01/14 | Sold | $85,000 | -34.6% | $29 / Sq Ft |
| 07/02/2014 07/02/14 | Pending | -- | -- | -- |
| 03/25/2014 03/25/14 | For Sale | $129,900 | -- | $44 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $530,000 | None Available | |
| Warranty Deed | $530,000 | None Available | |
| Warranty Deed | $400,000 | None Available | |
| Warranty Deed | $400,000 | None Available | |
| Warranty Deed | $85,000 | -- | |
| Warranty Deed | $85,000 | -- | |
| Deed | $237,000 | -- | |
| Deed | $237,000 | -- | |
| Warranty Deed | $39,500 | -- | |
| Warranty Deed | $39,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $424,000 | Purchase Money Mortgage | |
| Closed | $424,000 | Purchase Money Mortgage | |
| Previous Owner | $300,000 | Purchase Money Mortgage | |
| Previous Owner | $4,755,800 | Credit Line Revolving | |
| Previous Owner | $2,750,000 | Commercial | |
| Previous Owner | $75,000 | Commercial |
Source: Public Records
Similar Homes in Providence, RI
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73417741
APN: PROV-001230-000509-000000
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.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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