Sold for $793,000 on 09/06/24
$793,000
494 Academy Ave, Providence, RI 02908
12beds
3,300sqft
Multi Family
Built in 1920
-- sqft lot
$825,300 Zestimate®
$240/sqft
$2,547 Estimated rent
Home value
$825,300
$726,000 - $933,000
$2,547/mo
Zestimate® history
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What's special
Great opportunity in the heart of desirable Elmhurst! Consistent yearly INCOME of $75,000 OR MORE for past 5 years. This three unit property features recently renovated 4 bedroom apartments with new kitchens and bathrooms as well as original hardwood floors! Kitchens provide new cabinets, granite countertops, and high end fixtures and lighting. This property provides plenty of opportunity for owner-occupants and investors alike. Each floor provides great porch space. Great landscaping surrounds this property for added curb appeal. Lovely yard space to enjoy the beautiful weather. Plenty of parking including a 2 car garage. Large clean basement with accommodating storage space, laundry area, and endless possibilities. Walk-up attic with room for possibilities. Heating and hot water only 5 years young! Roof is less than one year old! All utilities including washer/dryer are separate. This location is highly desirable, located in the heart of Elmhurst. Walk to LaSalle Academy, LaSalle Bakery, and Pleasant Valley Pkwy. Just a few short minutes to Provide College, Rhode Island College, Fatima & Roger Williams Hospital, The VA Medical Center, and Smith Hill Offices. 10 Minutes to Providence Place Mall, Train Station, RI, Hasbro, & Women & Infants Hospitals, Johnson & Wales University, and all of Providence nightlife. Less than 15 minutes to Brown, RISD, Butler Hospital, and more. TAXES DO NOT REFLECT HOMESTEAD OPEN HOUSE 7/21 CANCELED*****
Zillow last checked: 8 hours ago
Listing updated: September 12, 2024 at 07:07am
Listed by:
Shannon Weinstein 401-301-3819,
RentProv Realty
Bought with:
Benjamin Ellis, RES.0048354
Keller Williams Realty
Source: StateWide MLS RI,MLS#: 1363733
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard
Cooling
- None
Appliances
- Included: Gas Water Heater
- Laundry: Common Area
Features
- Wall (Dry Wall), Plumbing (PVC)
- Flooring: Ceramic Tile, Hardwood
- Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility
- Attic: Attic Stairs
- Has fireplace: No
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 4,791 sqft
Details
- Parcel number: PROVM116L63
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Shingles
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Highway Access, Hospital, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
Location
- Region: Providence
- Subdivision: Elmhurst
HOA & financial
Other financial information
- Total actual rent: 6300
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2024 | Sold | $793,000+5.9%$240/sqft |
Source: | ||
| 7/20/2024 | Pending sale | $749,000$227/sqft |
Source: | ||
| 7/14/2024 | Listed for sale | $749,000-6.3%$227/sqft |
Source: | ||
| 7/4/2024 | Listing removed | -- |
Source: | ||
| 6/15/2024 | Listed for sale | $799,000+207.3%$242/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,191 -28% | $687,500 +74.9% |
| 2024 | $7,212 +3.1% | $393,000 |
| 2023 | $6,995 | $393,000 |
Find assessor info on the county website
Neighborhood: Mount Pleasant
Nearby schools
GreatSchools rating
- 7/10Robert F. Kennedy Elementary SchoolGrades: K-5Distance: 1.5 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 0.8 mi
- 1/10Mount Pleasant High SchoolGrades: 9-12Distance: 0.4 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$825,300
2% more+ $16,506
With Zillow Showcase(estimated)
$841,806


