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Sold for $565,000 on 06/06/24
  • $565,000

    15 Erastus St, Providence, RI 02909

    8beds
    3,100sqft
    Multi Family
    Built in 1932
    -- sqft lot
    $603,200 Zestimate®
    $182/sqft
    $1,814 Estimated rent

    Home value

    $603,200

    $537,000 - $676,000

    $1,814/mo

    Zestimate® history
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    $2,940/mo

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    What's special

    This outstanding investment property featuring 3 Units with recent renovations and reliable tenants is the perfect chance to add to your portfolio. The property features a variety of layouts with the first and second floor units each with 3 beds 1 bath, while the third floor contains 2 beds 1 bath. The first and second floor units have been recently remodeled featuring new flooring, modern appliances, updated kitchens and fresh coat of painting to enhance the interiors. All units are equipped with baseboard gas heating, while tenants are responsible for their own utilities. Convenience is key with off-street parking available for up to 3 cars. Situated in a central area close to all major highways for an easy access and commute to work. This is a rare find and is a great opportunity for a stable, income generating property!

    Zillow last checked: 8 hours ago

    Listing updated: June 06, 2024 at 10:13am

    Listed by:

    Kyle Seyboth 508-726-3492,

    Century 21 The Seyboth Team

    Bought with:

    The Hiraldo Group

    BHHS Commonwealth Real Estate

    Source: StateWide MLS RI,MLS#: 1353298MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric, Baseboard
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood, Laminate
    • Basement: Full,Interior Entry,Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,326
    • Total interior livable area: 3,100 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: No Garage
    Lot
    • Size: 3,049 sqft
    Details
    • Parcel number: PROVM63L28
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1932

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Providence

    HOA & financial

    Other financial information
    • Total actual rent: 4150

    Price history

    DateEventPrice
    6/6/2024Sold$565,000+20.7%$182/sqft
    Source: StateWide MLS RI #1353298
    9/29/2022Sold$468,000+175.3%$151/sqft
    Source: StateWide MLS RI #1314483
    12/14/2017Sold$170,000+423.1%$55/sqft
    Source: Public Record
    11/19/2008Sold$32,500-61.8%$10/sqft
    Source: Public Record
    7/30/2008Sold$85,000-75%$27/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$3,840 -34.5%$508,600 +59.1%
    2024$5,866 +13.1%$319,700 +9.7%
    2023$5,185 $291,300

    Find assessor info on the county website

    Neighborhood: Olneyville

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $603,200
    2% more+ $12,064
    With Zillow Showcase(estimated)
    $615,264