98 Penn St Providence, RI 02909
West End NeighborhoodEstimated payment $4,365/month
Highlights
- Wood Flooring
- Public Transportation
- Baseboard Heating
- Recreation Facilities
- Shops
- 2-minute walk to Ridge Street Playground
About This Home
Located between Atwells Avenue & Broadway, 98 Penn Street offers a prime opportunity to experience the vibrant & eclectic West Side of Providence. This legal three-family property features three well-appointed two-bedroom, one-bath units, each with hardwood floors & architectural details that add to the home's character. ** The interiors & mechanicals have been updated, while long-term tenancy has kept rents below market value, presenting significant upside potential. Each unit offers a functional layout with well-proportioned rooms, maintaining a balance of charm & modern convenience.** Ideally situated with easy access to downtown, the East Side, hospitals, highways, & within walking distance to the train station, this property is well-positioned for both investors & owner-occupants seeking a strong location & long-term value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,674
Year Built
- Built in 1920
Lot Details
- 1,742 Sq Ft Lot
Home Design
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,043 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 1 Parking Space
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Listing and Financial Details
- Tax Lot 221
- Assessor Parcel Number 98PENNSTPROV
Community Details
Overview
- 3 Units
- West Side/ Federal Hill Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Building Details
- Operating Expense $12,233
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 | $7,674 | $418,200 | $204,300 | $213,900 |
| 2023 | $7,674 | $418,200 | $204,300 | $213,900 |
| 2022 | $7,444 | $418,200 | $204,300 | $213,900 |
| 2021 | $6,381 | $259,800 | $130,300 | $129,500 |
| 2020 | $6,381 | $259,800 | $130,300 | $129,500 |
| 2019 | $6,381 | $259,800 | $130,300 | $129,500 |
| 2018 | $5,146 | $161,000 | $75,400 | $85,600 |
| 2017 | $5,146 | $161,000 | $75,400 | $85,600 |
| 2016 | $5,146 | $161,000 | $75,400 | $85,600 |
| 2015 | $4,717 | $142,500 | $75,400 | $67,100 |
| 2014 | $4,809 | $142,500 | $75,400 | $67,100 |
| 2013 | $4,809 | $142,500 | $75,400 | $67,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | For Sale | $699,000 | +258.5% | $342 / Sq Ft |
| 07/15/2016 07/15/16 | Sold | $195,000 | 0.0% | $87 / Sq Ft |
| 06/15/2016 06/15/16 | Pending | -- | -- | -- |
| 11/19/2015 11/19/15 | For Sale | $195,000 | -- | $87 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $195,000 | -- | |
| Warranty Deed | $195,000 | -- | |
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | $50,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $37,500 | -- | |
| Deed | $37,500 | -- | |
| Foreclosure Deed | $201,400 | -- | |
| Foreclosure Deed | $201,400 | -- | |
| Deed | $212,000 | -- | |
| Deed | $212,000 | -- | |
| Deed | $120,000 | -- | |
| Deed | $120,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $156,000 | Unknown | |
| Previous Owner | $235,000 | New Conventional | |
| Previous Owner | $40,000 | Purchase Money Mortgage |
Source: State-Wide MLS
MLS Number: 1375616
APN: PROV-330221-000000-000000
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