"RARE FIND" 4 unit home for sale in this peaceful country side of Hope Valley! Fully occupied Solid investment property in a quiet town with room to improve cosmetically and raise rents. 2 Beds 1 bath in each unit! Bones are solid in this one. Large yard and driveway with plenty of parking. A lot of potential here for the right investor. Please do not walk property or disturb tenants. Reach out today for more details! H&B by Thursday 3/27 @ 5pm
Under contract
$485,000
59 Mechanic St, Hope Valley, RI 02832
8beds
3,046sqft
Est.:
Multi Family
Built in 1880
-- sqft lot
$486,100 Zestimate®
$159/sqft
$-- HOA
What's special
Large yard
- 40 days
- on Zillow |
- 403 |
- 15 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 01, 2025 at 11:48am
Listed by:
David Tatangelo 401-465-0263,
RE/MAX Real Estate Center
Source: StateWide MLS RI,MLS#: 1380121

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Baseboard
Cooling
- Individual Unit, None
Appliances
- Included: Electric Water Heater, Oven/Range, Refrigerator
- Laundry: Off Site
Features
- Wall (Plaster), Plumbing (Mixed), Insulation (Cap), Insulation (Unknown), Insulation (Walls), Ceiling Fan(s)
- Flooring: Ceramic Tile, Vinyl, Carpet
- Doors: Storm Door(s)
- Windows: Insulated Windows
- Basement: Full,Bulkhead,Unfinished
- Attic: Attic Storage
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,045
- Total interior livable area: 3,046 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Deck
- Waterfront features: Walk to Fresh Water
Lot
- Size: 0.52 Acres
- Features: Wooded
Details
- Additional structures: Outbuilding
- Foundation area: 1218
- Zoning: RRR8
- Other equipment: Cable TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Shingles, Vinyl Siding, Wood
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers, Individual Meter
- Sewer: Cesspool
- Water: In Fee, Well
Community & HOA
Community
- Features: Near Public Transport, Golf, Highway Access, Interstate, Schools, Near Swimming
- Security: Security System Owned
- Subdivision: Hope Valley
HOA
- Has HOA: No
Location
- Region: Hope Valley
Financial & listing details
- Price per square foot: $159/sqft
- Annual tax amount: $5,720
- Date on market: 3/18/2025
- Total actual rent: 5080
- Tenant pays: Hot Water
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