This multifamily features two units: Unit 1 is a 2-bed, 2-bath apartment, and Unit 2 is a 3-bed, 3.5-bath townhouse. The house was gutted to the studs and fully renovated with new electric and plumbing, with 3 heating zones (one for each floor). Both units have been recently given a fresh coat of paint throughout and have beautiful kitchens with stainless steel appliances and granite countertops, central air, marble tiles, hardwood floors, and in-unit washer/dryer. The units come vacant, with projected market rents of $2650 for Unit 1 and $3500 for Unit 2, giving a projected cap rate of 6.33%. This is a perfect opportunity for owner-occupied with rental income. The property is located near Brown University, RISD, and various local restaurants and shopping centers.
Sold for $845,000 on 07/26/24
$845,000
412 Hope St, Providence, RI 02906
5beds
2,415sqft
Multi Family
Built in 1910
-- sqft lot
$904,300 Zestimate®
$350/sqft
$1,869 Estimated rent
Home value
$904,300
$850,000 - $968,000
$1,869/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 30, 2024 at 08:43am
Listed by:
Tony Berbara 781-308-7762,
William Raveis Inspire
Bought with:
Matt Mandeville, RES.0047223
Century 21 Limitless Prg
Source: StateWide MLS RI,MLS#: 1362371
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Dry Wall), Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
- Flooring: Hardwood, Marble
- Basement: Full,Walk-Out Access,Unfinished,Storage Space,Utility
- Has fireplace: No
Interior area
- Total structure area: 2,013
- Total interior livable area: 2,415 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 2,848 sqft
- Features: Sidewalks
Details
- Parcel number: PROVM9L323
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Other Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
Location
- Region: Providence
- Subdivision: Fox Point
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 6150
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2024 | Sold | $845,000-3.4%$350/sqft |
Source:  StateWide MLS RI #1362371 | ||
| 7/18/2024 | Pending sale | $875,000$362/sqft |
Source: StateWide MLS RI #1362371 | ||
| 7/8/2024 | Contingent | $875,000$362/sqft |
Source: StateWide MLS RI #1362371 | ||
| 6/25/2024 | Listed for sale | $875,000+505.1%$362/sqft |
Source: StateWide MLS RI #1362371 | ||
| 10/25/2017 | Listing removed | $1,450$1/sqft |
Source: Coastway Management | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,021 +1.6% | $787,200 +33.1% |
| 2024 | $10,852 +3.1% | $591,400 |
| 2023 | $10,527 | $591,400 |
Find assessor info on the county website
Neighborhood: Mount Hope
Nearby schools
GreatSchools rating
- 7/10Martin Luther King Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Nathan Bishop Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Hope High SchoolGrades: 9-12Distance: 0.2 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$904,300
2% more+ $18,086
With Zillow Showcase(estimated)
$922,386