"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
Sold for $512,500 on 06/03/25
$512,500
59 Mechanic St, Hope Valley, RI 02832
8beds
3,046sqft
Multi Family
Built in 1880
-- sqft lot
$524,100 Zestimate®
$168/sqft
$2,147 Estimated rent
Home value
$524,100
$466,000 - $587,000
$2,147/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 04, 2025 at 01:27pm
Listed by:
David Tatangelo 401-465-0263,
RE/MAX Real Estate Center
Bought with:
Lawrence Colli, RES.0046690
Williams & Stuart Real Estate
Source: StateWide MLS RI,MLS#: 1380121
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
- Special conditions: Conventional/Market Value
- 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 & neighborhood
Security
- Security features: Security System Owned
Community
- Community features: Near Public Transport, Golf, Highway Access, Interstate, Schools, Near Swimming
Location
- Region: Hope Valley
- Subdivision: Hope Valley
HOA & financial
Other financial information
- Total actual rent: 5080
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2025 | Sold | $512,500+5.7%$168/sqft |
Source:  StateWide MLS RI #1380121 | ||
| 4/29/2025 | Pending sale | $485,000$159/sqft |
Source: StateWide MLS RI #1380121 | ||
| 4/1/2025 | Contingent | $485,000$159/sqft |
Source: StateWide MLS RI #1380121 | ||
| 3/18/2025 | Listed for sale | $485,000$159/sqft |
Source: StateWide MLS RI #1380121 | ||
| 8/13/2022 | Listing removed | -- |
Source: Zillow Rental Manager | ||
Public tax history
Tax history is unavailable.
Neighborhood: Hope Valley
Nearby schools
GreatSchools rating
- 8/10Hope Valley Elementary SchoolGrades: PK-4Distance: 0.8 mi
- 7/10Chariho Regional Middle SchoolGrades: 5-8Distance: 3.6 mi
- 10/10Chariho High SchoolGrades: 9-12Distance: 3.6 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$524,100
2% more+ $10,482
With Zillow Showcase(estimated)
$534,582