"Rich folks live on Power, but most of us live off Hope" ~ excerpted from the iconic cartoon designed by John Peck (1978). Located at the corner of Power and Hope Streets, this signature 6-unit Victorian Mansard home is available for the first time in almost 50 years. The Underwood-Hale Durfee House ca. 1823 has been beautifully restored and impeccably maintained by its current owner/resident. Period details abound: multiple stained glass windows, lovely millwork and built-ins, pocket doors and a towering belvedere served by an internal stairway. Roofs have been recently replaced, exterior painted, updated mechanicals, A/C. Carefully landscaped gardens provide a secluded and spacious oasis on an expansive 15,000+ SF lot with 3-car garage plus ample parking. Truly an exceptional opportunity! Please Note: A Conservation Easement protects the open area of the property. Further information is available upon request. (Also: MLS limits data entry to a max of 4 units; the property is a legal 6-unit and currently used as a 5-unit in order to preserve the owner-occupied Homestead Exemption) NOTE: Owner-occupancy in R-1 district allows for short-term rentals yielding a very generous income stream!
Sold for $1,880,000 on 05/29/24
$1,880,000
122 Hope St, Providence, RI 02906
8beds
5,900sqft
Multi Family
Built in 1823
-- sqft lot
$2,004,200 Zestimate®
$319/sqft
$3,412 Estimated rent
Home value
$2,004,200
$1.78M - $2.26M
$3,412/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 29, 2024 at 07:07am
Listed by:
Rebecca Mayer 401-447-8040,
Compass
Bought with:
Rebecca Mayer, REB.0014156
Compass
Source: StateWide MLS RI,MLS#: 1348177
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Heat Pump, Individual Control, Zoned
Cooling
- Central Air, Ductless
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: Common Area, In Building, In Unit
Features
- Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Cap), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Bedroom(s),Kitchen,Laundry,Living Room,Storage Space,Utility
- Attic: Attic Stairs
- Number of fireplaces: 2
- Fireplace features: Brick, Gas, Insert
Interior area
- Total structure area: 7,140
- Total interior livable area: 5,900 sqft
Property
Parking
- Total spaces: 10
- Parking features: Detached, Garage Door Opener, Driveway
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Patio, Porch
- Fencing: Fenced
- Waterfront features: Walk To Water
Lot
- Size: 0.35 Acres
- Features: Local Historic District, Corner Lot, Sidewalks, Sprinklers
Details
- Zoning: R1 HD
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Clapboard, Wood
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1823
Utilities & green energy
- Electric: 60 Amps, 100 Amp Service, 220 Volts, Circuit Breakers, Individual Meter
- Sewer: Public Sewer
- Water: Common Meter, Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Security System Owned
Community
- Community features: Near Public Transport, Highway Access, Marina, Schools, Near Shopping
Location
- Region: Providence
- Subdivision: Fox Point
HOA & financial
Other financial information
- Total actual rent: 4300
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2024 | Sold | $1,880,000-16.4%$319/sqft |
Source:  StateWide MLS RI #1348177 | ||
| 5/2/2024 | Pending sale | $2,250,000$381/sqft |
Source: StateWide MLS RI #1348177 | ||
| 3/30/2024 | Contingent | $2,250,000$381/sqft |
Source: StateWide MLS RI #1348177 | ||
| 2/16/2024 | Listed for sale | $2,250,000$381/sqft |
Source: StateWide MLS RI #1348177 | ||
| 2/5/2024 | Contingent | $2,250,000$381/sqft |
Source: StateWide MLS RI #1348177 | ||
Public tax history
Tax history is unavailable.
Neighborhood: College Hill
Nearby schools
GreatSchools rating
- 9/10Vartan Gregorian Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Nathan Bishop Middle SchoolGrades: 6-8Distance: 1.2 mi
- 1/10Hope High SchoolGrades: 9-12Distance: 0.9 mi
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$2,004,200
2% more+ $40,084
With Zillow Showcase(estimated)
$2,044,284