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Off market
  • $1,301,900

    81-85 Preston St, Providence, RI 02906

    16beds
    3,000sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,301,900 Zestimate®
    $434/sqft
    $2,334 Estimated rent

    Home value

    $1,301,900

    $1.12M - $1.50M

    $2,334/mo

    Zestimate® history
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    Owner options

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    $2,334/mo

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    $2,334/mo

    Rent Zestimate®

    Refinance and save

    $6,773/mo

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    $6,773/mo

    Est. payment

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    What's special

    Amazing investment opportunity to own 5 legal units on the East Side (8 total units) blocks from Brown University. Two bedrooms, living room, EIK and bath in each unit. Vinyl sided, some new windows and roofs are newer. Enough room in the back that could easily be turned into parking spaces. One building has six, two bedroom apartments. The other building has two, two bedroom apartments and walk up attic. Buyers are responsible, if they want 8 legal units, to apply for the zoning change for the 3 illegal units and buyers are responsible for hard wired smoke and radon detectors. interior of units needs extensive work.

    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: 16
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Oil
    Cooling
    • None
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,000 sqft

    Property

    Lot
    • Size: 10,018 sqft
    Details
    • Parcel number: PROVM17L276

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amps
    • Sewer: Connected

    Community & neighborhood

    Location
    • Region: Providence

    Other

    Other facts
    • Electric: 100 Amps
    • Exterior: Vinyl Siding
    • FinishedFloor: Hardwood
    • BasementFinish: Unfinished
    • GarageDesc: Detached
    • HeatPaidBy: Tenant
    • BasementType: Full
    • Near: Bus, Commuter Bus, Private School, Public School, Shopping, Schools, Railroad, Recreational Facilities
    • FoundationType: Stone, Brick
    • HeatingFuel: Oil
    • BasementAccess: Interior Only
    • Plumbing: Mixed
    • PropertyType: 2-4 Units Multi Family
    • Sewer: Connected
    • SubsidizedHousing: 0
    • Type: Apartment
    • UnderConstruction: 0
    • Wall: Plaster
    • WaterSupply: Connected
    • HeatingSystem: Steam
    • Insulation: Unknown
    • ApxHeatCost: Undetermined
    • HotWater: Common
    • TimeShareYN: 0

    Price history

    DateEventPrice
    8/19/2019Sold$600,000-22.6%$200/sqft
    Source: Public Record
    8/13/2019Pending sale$775,000$258/sqft
    Source: RE/MAX River's Edge #1221906
    6/3/2019Price change$775,000-8.8%$258/sqft
    Source: RE/MAX River's Edge #1221906
    5/15/2019Price change$849,900-20.6%$283/sqft
    Source: RE/MAX River's Edge #1221906
    5/1/2019Listed for sale$1,070,000$357/sqft
    Source: RE/MAX River's Edge #1221906

    Public tax history

    YearProperty taxesTax assessment
    2025$18,486 +10.2%$1,320,400 +44.5%
    2024$16,768 +3.1%$913,800
    2023$16,266 $913,800

    Find assessor info on the county website

    Neighborhood: 02906

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,301,900
    2% more+ $26,038
    With Zillow Showcase(estimated)
    $1,327,938