NOT LISTED FOR SALE

870 Douglas Ave Providence, RI 02908

Wanskuck Neighborhood
1 Bed
1 Bath
900 Sq Ft
2,614 Sq Ft Lot

Last Sold October 11, 2024

Last sale price $530,000 $589 Per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

About This Home

As of May 2025

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. Open House August 2, 2025- from 10am - 12pm-mark your calendars!!! Highest and best offers by August 3rd, 2025, before 4pm. Call today for a showing!

Last Agent to Rent the Property

Isabel Amado

SD Realty Associates License #RES.0041628 Listed on: 05/05/2025

Last Renter's Agent

Isabel Amado

SD Realty Associates License #RES.0041628 Listed on: 05/05/2025

Property Details

Home Type

  • Apartment

Year Built

  • 1930

Lot Details

  • 2,614

Home Design

  • 900 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Property Available on 5/5/25
  • 12 Month Lease Term
  • Assessor Parcel Number 870DOUGLASAVPROV

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Year Built

1930

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-05-05
  • Security Deposit: 1400.0

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 900.0
  • Entry Level: 1
  • Structure Type: Apartment
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1930

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 900.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 870DOUGLASAVPROV
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Oct 11, 2024
Sold by
Douglas Ave 8701 Llc and Douglas Ave 8702 Llc
Bought by
Igwt Rhode Island Llc
Seller's Agent
Kerri Gemma
RE/MAX Properties
Buyer's Agent
Isabel Amado
SD Realty Associates
List Price
$499,900
Sold Price
$530,000
Premium/Discount to List
$30,100
6.02%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$424,000
Outstanding Balance
$420,372
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,884

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jul 22, 2022
Sold by
Properties 1 K Llc
Bought by
Douglas Ave 8701 Llc and Douglas Ave 8702 Llc
Seller's Agent
Michael Forte
Prime Time Properties, Inc.
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$39,900
Sold Price
$400,000
Premium/Discount to List
$360,100
902.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$300,000
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 25, 2014
Closed on
Aug 1, 2014
Sold by
Perez Joseph and Jimenez Rosa
Bought by
Starlight Realty Llc
Seller's Agent
George Hannouch
Coldwell Banker Realty
Buyer's Agent
George Hannouch
Coldwell Banker Realty
List Price
$129,900
Sold Price
$85,000
Premium/Discount to List
-$44,900
-34.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.42%

Purchase Details

Closed on
Jan 17, 2006
Sold by
Armstrong Kellie C and Current Jeanne Colaluca
Bought by
Perez Joseph and Jimenez Rosa

Purchase Details

Closed on
Nov 18, 1993
Sold by
Colaluca Robert E
Bought by
Colaluca Jeanne
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Igwt Rhode Island Llc $530,000 None Available
Igwt Rhode Island Llc $530,000 None Available
Douglas Ave 8701 Llc $400,000 None Available
Douglas Ave 8701 Llc $400,000 None Available
Starlight Realty Llc $85,000 --
Starlight Realty Llc $85,000 --
Perez Joseph $237,000 --
Perez Joseph $237,000 --
Colaluca Jeanne $39,500 --
Colaluca Jeanne $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Igwt Rhode Island Llc $424,000
Closed Igwt Rhode Island Llc $424,000
Previous Owner Douglas Ave 8701 Llc $300,000
Previous Owner Properities 1K Llc $4,755,800
Previous Owner Colaluca Jeanne $2,750,000
Previous Owner Colaluca Jeanne $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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

Agents Affiliated with this Home

  • I

    Landlord's Agent in 2025

    Isabel Amado

    SD Realty Associates

    (401) 864-4010

    5 in this area

    31 Total Sales

    Isabel Amado
    Section Image
  • Kerri Gemma

    Seller's Agent in 2024

    Kerri Gemma

    RE/MAX Properties

    (401) 480-4983

    2 in this area

    54 Total Sales

    Kerri Gemma
    Section Image
  • Michael Forte

    Seller's Agent in 2022

    Michael Forte

    Prime Time Properties, Inc.

    (401) 300-1353

    4 in this area

    43 Total Sales

    Michael Forte
    Section Image
  • Frank Miele

    Seller Co-Listing Agent in 2022

    Frank Miele

    Prime Time Properties, Inc.

    (401) 454-1300

    6 in this area

    72 Total Sales

    Frank Miele
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Mls Member

    Non-Mls Member

  • George Hannouch

    Seller's Agent in 2014

    George Hannouch

    Coldwell Banker Realty

    (401) 351-2017

    85 Total Sales

    George Hannouch
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1384142

State-Wide MLS

APN: PROV-001230-000509-000000

Rhode Island Providence County Providence 02904 Wanskuck

870 Douglas Ave, Providence, RI

This home is located at 870 Douglas Ave, Providence, RI 02908 since 05 May 2025. This property was built in 1930. 870 Douglas Ave is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Veazie Street Elementary School.

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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes
Listing Agent
Isabel Amado
Section Image
SD Realty Associates
(401) 864-4010