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Sold for $990,000
  • $990,000

    67 Ridge St, Providence, RI 02909

    11beds
    5,563sqft
    Multi Family
    Built in 1953
    -- sqft lot
    $1,149,600 Zestimate®
    $178/sqft
    $2,243 Estimated rent

    Home value

    $1,149,600

    $1.07M - $1.25M

    $2,243/mo

    Zestimate® history
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    What's special

    Historically & architecturally rich property with proven revenue stream, in one of Providence’s most sought-after neighborhoods! ** This former convent with its maintenance free brick exterior has been immaculately repurposed into a highly successful short-term rental property & features an incredibly unique layout supporting its present use. **Located in the heart of Federal Hill, this property is well positioned within walking distance of Atwells Avenue, renowned for its eateries, shops & entertainment options as well as all the vibrant West Side has to offer. ** Spread over a generous 5,653 sqft area, on three floors & an additional 1855 sf below grade, the property features 4 finished levels that support versatile uses due to their open & adaptable floor plans. **The main 3 levels consist of a total of 11 beds & 6 baths. The 2nd & 3rd levels consist of 4 beds & 2 baths. **Each floor is equipped with an ensuite w/ a private bath & 3 additional beds w/ common bath & kitchen. **The 1st floor consists of 1 en suite w/ private bath & 2 beds w/ shared bath & a spacious common area, nicely furnished & includes vending machines for guest convenience. ** The fully finished lower has 5 rooms, a bath & 2 utility rooms w/ laundry & coin op.** Property is fully furnished & comes with an excellent cash flow, courtesy of its ongoing success as a short-term rental hub. Ample parking, dog park nearby. Close to downtown & train, this property presents an amazing investment opportunity!

    Zillow last checked: 8 hours ago

    Listing updated: September 27, 2023 at 08:56am

    Listed by:

    Joy Riley,

    Westcott Properties

    Bought with:

    Joy Riley, REB.0012495

    Westcott Properties

    Source: StateWide MLS RI,MLS#: 1337631MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    • Full bathrooms: 6
    Bathroom
    • Features: Bath w Shower Stall
    Heating
    • Natural Gas, Baseboard, Forced Water, Steam
    Cooling
    • Individual Unit
    Appliances
    • Included: Gas Water Heater, Oven/Range, Refrigerator
    • Laundry: In Building
    Features
    • Wall (Dry Wall)
    • Flooring: Laminate, Other
    • Basement: Full,Interior and Exterior,Finished,Bath/Stubbed,Common,Laundry,Storage Space
    • Has fireplace: No
    Interior area
    • Total structure area: 5,653
    • Total interior livable area: 5,563 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: No Garage, Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 8,712 sqft
    Details
    • Parcel number: PROVM33L693
    • 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, Brick
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Highway Access, Hospital, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
    Location
    • Region: Providence
    • Subdivision: Federal Hill, West Side

    HOA & financial

    Other financial information
    • Total actual rent: 12000

    Price history

    DateEventPrice
    9/25/2023Sold$990,000-0.9%$178/sqft
    Source: StateWide MLS RI #1337631 Report a problem
    7/24/2023Pending sale$999,000$180/sqft
    Source: StateWide MLS RI #1337631 Report a problem
    6/22/2023Listed for sale$999,000+73.7%$180/sqft
    Source: StateWide MLS RI #1337631 Report a problem
    6/14/2019Sold$575,000+228.6%$103/sqft
    Source: Public Record Report a problem
    12/23/1998Sold$175,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,948 +11.3%$1,067,700 +45.9%
    2024$13,430 +3.1%$731,900
    2023$13,028 $731,900

    Find assessor info on the county website

    Neighborhood: Federal Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,149,600