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Off market
  • $640,500

    50 Terrace Ave, Providence, RI 02909

    7beds
    3,037sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $640,500 Zestimate®
    $211/sqft
    $2,559 Estimated rent

    Home value

    $640,500

    $576,000 - $698,000

    $2,559/mo

    Zestimate® history
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    Owner options

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    $2,559/mo

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    $2,559/mo

    Rent Zestimate®

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    $3,961/mo

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    $3,961/mo

    Est. payment

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    What's special

    AS IS HUD Home in the Laurel Hill / Silver Lake section of Providence. Features include, spacious units (over 2000 square feet of living area), two beds per unit, gas connected, attic, front porch, large fenced-in yard, two car garage, plenty of parking, corner lot, and convenient location close to Rt 6 and Rt 10. Two buildings on one lot! One building is a two-family home and the other building is a single family bungalow. So much opportunity! Enjoy other benefits of the location close to parks and recreation and walking distance to Clarence Street Playground. Enjoy golfing at Triggs Memorial Golf Course only about 12 minutes away. Also enjoy restaurants and shopping only about 13 minutes to downtown Providence and Historic Federal Hill. Could be an excellent opportunity for rental income or investment! Eligible for FHA 203k financing. BLB Resources makes no warranty to the existence of mold in the property and is not liable for potential harmful effects. No smoke certificate will be provided by the seller.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Gas
    Cooling
    • None
    Appliances
    • Laundry: In Building
    Features
    • Flooring: Hardwood, Laminate
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,037 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other
    Lot
    • Size: 3,053 sqft
    Details
    • Parcel number: PROVM104L294

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amps, Circuit Breaker
    • Sewer: Connected

    Community & neighborhood

    Location
    • Region: Providence

    Other

    Other facts
    • BasementRoomsType: Storage Area, Utility
    • Electric: 100 Amps, Circuit Breaker
    • FinishedFloor: Hardwood, Other, Laminate
    • BasementFinish: Unfinished
    • GarageDesc: Detached
    • HeatingFuel: Gas
    • BasementType: Full
    • HotWater: Gas, Tank
    • Exterior: Porch
    • BasementAccess: Interior Only
    • Laundry: In Building
    • Type: Up/Down, Side/Side
    • Plumbing: Mixed
    • PropertyType: 2-4 Units Multi Family
    • Sewer: Connected
    • FoundationType: Unknown
    • SubsidizedHousing: 0
    • HeatPaidBy: Mixed
    • UnderConstruction: 0
    • WaterSupply: Connected
    • LotDescription: Corner
    • HeatingSystem: Forced Water, Baseboard, Gas Connected
    • Insulation: Unknown
    • Historic: Unknown
    • TimeShareYN: 0

    Price history

    DateEventPrice
    2/2/2021Sold$231,000+7.4%$76/sqft
    Source: StateWide MLS RI #1271984
    1/22/2020Listing removed$215,000$71/sqft
    Source: Homistic Real Estate, Inc. #1240655
    1/16/2020Listed for sale$215,000$71/sqft
    Source: Homistic Real Estate, Inc. #1240655
    1/16/2020Pending sale$215,000$71/sqft
    Source: Homistic Real Estate, Inc. #1240655
    12/4/2019Listed for sale$215,000+975%$71/sqft
    Source: Homistic Real Estate, Inc. #1240655

    Public tax history

    YearProperty taxesTax assessment
    2025$8,012 +16.6%$572,300 +52.9%
    2024$6,870 +3.1%$374,400
    2023$6,664 $374,400

    Find assessor info on the county website

    Neighborhood: Silverlake

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $640,500
    2% more+ $12,810
    With Zillow Showcase(estimated)
    $653,310