Unlock the Potential of 55 Zone! Discover your next investment in the Smith Hill neighborhood. This two-unit property presents an excellent opportunity for the discerning investor to realize substantial returns. **Featuring a two-bedroom apartment on the first floor & a larger, townhouse-style unit spanning the second & third levels, there is ample living space & abundant potential to generate robust rental income. **Each unit offers generous living space that, with cosmetic upgrades, can be transformed into great spaces. **With a generous rear yard an added convenience comes with ample parking, **Situated within easy access to downtown, future occupants can enjoy a myriad of dining, shopping & entertainment options. **This property does require cosmetic restoration. The promise of what this asset can become, coupled with its prime location, makes this investment opportunity very appealing.
Sold for $320,000 on 09/06/23
$320,000
55 Zone St, Providence, RI 02908
5beds
--sqft
Multi Family
Built in 1910
-- sqft lot
$460,800 Zestimate®
$--/sqft
$2,712 Estimated rent
Home value
$460,800
$424,000 - $498,000
$2,712/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 07, 2023 at 01:22pm
Listed by:
Joy Riley,
Westcott Properties
Bought with:
Christy Querceto, REB.0019894
Residential Properties Ltd.
Source: StateWide MLS RI,MLS#: 1339313
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Vinyl, Carpet
- Basement: Full,Bulkhead,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,925
Property
Parking
- Total spaces: 3
- Parking features: No Garage
Lot
- Size: 3,920 sqft
Details
- Parcel number: PROVM67L242
- Zoning: R-3
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Highway Access, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
Location
- Region: Providence
- Subdivision: Smith Hill
HOA & financial
Other financial information
- Total actual rent: 1500
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2023 | Sold | $320,000+28% |
Source:  StateWide MLS RI #1339313 | ||
| 7/18/2023 | Pending sale | $250,000 |
Source: StateWide MLS RI #1339313 | ||
| 7/13/2023 | Listed for sale | $250,000+354.5% |
Source: StateWide MLS RI #1339313 | ||
| 10/23/2013 | Sold | $55,000-8.2% |
Source: Public Record | ||
| 7/2/2011 | Listing removed | $59,900 |
Source: Williams and Stuart Real Estate #978177 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,988 +23.5% | $427,700 +61.9% |
| 2024 | $4,848 +3.1% | $264,200 |
| 2023 | $4,703 | $264,200 |
Find assessor info on the county website
Neighborhood: Smith Hill
Nearby schools
GreatSchools rating
- 2/10Harry Kizirian Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 0.2 mi
- 1/10Hope High SchoolGrades: 9-12Distance: 1.3 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 .
$460,800
2% more+ $9,216
With Zillow Showcase(estimated)
$470,016