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70 Fairmount Ave, Providence, RI 02908

4 beds, 2 baths, 1,509 sqft
Sold: $89,900
Sold on 05/06/14
Zestimate®: $92,112
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My Notes
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Two family with possibilities! Oversized lot extending from Fairmount Avenue to Montrose Street which is presently used for parking income. Interior needs updating. 1st flr could have 3rd separate bedroom - presently two of the bedrooms are connected. Unique opportunity for investors. Tenant is willing to stay on. All separate utilities, oil heat on the first floor, gas-on-gas heat on the second floor. 12'x16' deck. Fencing around 3/4 of the property. Basement is mostly finished and has washer hook-up.
 
Facts
  • Lot: 6,969 sqft
  • Multi Family
  • Built in 1894
  • Heating: Other
  • Last sold: May 2014 for $89,900
  • Price/sqft: $60
Features
  • Ceiling Fan
  • Deck
  • Flooring: Carpet, Linoleum / Vinyl
  • Parking: Off street, 10 spaces
  • Partial basement
  • Porch
Appliances Included
  • Range / Oven
  • Refrigerator
  • Washer
Construction
  • Exterior material: Other, Shingle
  • Roof type: Other
  • Room count: 8
  • # Stories: 2.0
  • Structure type: Other
  • Unit count: 2
Other
  • Floor size: 1,509 sqft
  • Heating: Gas, Oil
  • Laundry: In Unit
  • Parcel #: P:0640936 L:0000
  • Zillow Home ID: 65802710
Home Values
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$92,112
-$1,274 Last 30 daysd
$80K
$110K
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$906/mo
-$9 Last 30 daysd
$806
$1.6K
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Neighborhood for 70 Fairmount Avenue

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Zillow predicts Mount Pleasant home values will fall 0% next year, compared to a 1% increase for Providence as a whole. Among Mount Pleasant homes, this home is valued 29% less than the midpoint (median) home, and is valued 41% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Mount Pleasant market, the number of foreclosures waiting to be sold decreased 77.8% in the last year. The number of unsold foreclosures is 11.7% greater than in Providence, and 113.4% greater than the national average. This higher local number may prevent Mount Pleasant home values from rising as quickly as other regions in Providence.

Learn more about forecast calculations or Mount Pleasant home values.
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