Don’t miss this excellent investment opportunity with this legal multi-family property featuring three units! The first floor unit has attic access and boasts a total of 4 bedrooms and 2 baths, while the second and third floor units each offer 2 bedrooms and 1 bath. The third floor can easily be converted to have access to the attic and the additional 2 bedrooms and 1 bathroom, providing versatile living options. The partially finished basement has even more space for flexibility and there is washer and dryer hook up ready. Recent updates include new windows, new water heater tanks and a 4-year-old roof, ensuring peace of mind for years to come. The large paved yard provides ample parking for 6+ cars and plenty of street parking, a significant advantage in this desirable location. Conveniently situated near I-95, Downtown Providence, Rhode Island Hospital, Johnson & Wales University, and more. This property is ideal, whether you're looking to expand your portfolio or seeking a solid rental income. This property is a must-see! *Some photos have been virtually staged.
Sold for $669,000 on 12/06/24
$669,000
50 Burnside St, Providence, RI 02905
8beds
3,385sqft
Multi Family
Built in 1922
-- sqft lot
$689,600 Zestimate®
$198/sqft
$2,053 Estimated rent
Home value
$689,600
$614,000 - $779,000
$2,053/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 06, 2024 at 11:47am
Listed by:
Alysandra Nemeth 860-575-3434,
Redfin Corporation
Bought with:
Consuelo Quinonez, REB.0019523
Palma Realty Corporation
Source: StateWide MLS RI,MLS#: 1370664
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: In Building
Features
- Wall (Dry Wall), Wall (Plaster), Stairs, Insulation (Unknown)
- Flooring: Ceramic Tile, Hardwood, Laminate
- Basement: Full,Interior Entry,Unfinished,Laundry
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,201
- Total interior livable area: 3,385 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 2,178 sqft
Details
- Parcel number: PROVM48L435
- Zoning: R-3
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Vinyl Siding
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers, Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Commuter Bus, Highway Access, Hospital, Interstate, Restaurants, Schools, Near Shopping
Location
- Region: Providence
HOA & financial
Other financial information
- Total actual rent: 1450
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2024 | Sold | $669,000+3.1%$198/sqft |
Source:  StateWide MLS RI #1370664 | ||
| 11/15/2024 | Pending sale | $649,000$192/sqft |
Source: StateWide MLS RI #1370664 | ||
| 10/28/2024 | Contingent | $649,000$192/sqft |
Source: StateWide MLS RI #1370664 | ||
| 10/15/2024 | Listed for sale | $649,000+22.5%$192/sqft |
Source: StateWide MLS RI #1370664 | ||
| 11/9/2023 | Listing removed | -- |
Source: StateWide MLS RI #1346987 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,322 -33.4% | $572,500 +62% |
| 2024 | $6,487 +4.1% | $353,500 +0.9% |
| 2023 | $6,234 | $350,200 |
Find assessor info on the county website
Neighborhood: Lower South Providence
Nearby schools
GreatSchools rating
- 3/10Mary E. Fogarty Elementary SchoolGrades: K-5Distance: 2.4 mi
- 4/10Roger Williams Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Juanita Sanchez Educational ComplexGrades: 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 .
$689,600
2% more+ $13,792
With Zillow Showcase(estimated)
$703,392