Sold for $600,000 on 03/14/24
$600,000
164 Regent Ave, Providence, RI 02908
8beds
3,448sqft
Multi Family
Built in 1940
-- sqft lot
$727,000 Zestimate®
$174/sqft
$2,054 Estimated rent
Home value
$727,000
$683,000 - $771,000
$2,054/mo
Zestimate® history
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What's special
Renovated 4-Unit Property Discover a remarkable investment in this beautifully renovated 4-unit property, boasting an array of modern updates and conveniences. Each unit has been thoughtfully updated, reflecting a commitment to quality and comfort, making it an ideal choice for discerning investors. Each unit features new flooring and fresh paint. The renovations extend to the bathrooms and kitchens. The property includes a generous parking area, providing ample space for tenants, a significant advantage in residential rental properties. A huge basement offers practical storage solutions and houses 4 newer gas hot water tanks. This property adheres to safety standards, being lead-safe and fire-coded. Fully rented with long-term tenants, most of whom have called this place home for over 10 years. While the rents are currently set below market rate out of the landlord's choice to maintain long-term tenancies, there is substantial potential to increase rental income, offering an attractive opportunity for revenue growth. This property represents a unique blend of modern living and investment savvy. The combination of prime condition, safety compliance, and stable tenant base makes it an attractive proposition for investors. With the potential to increase rents, this property promises not just immediate returns but also long-term growth prospects. Seize this opportunity to own a turn-key investment property in a desirable location.
Zillow last checked: 8 hours ago
Listing updated: March 15, 2024 at 05:18am
Listed by:
Ronnie TOSONI 401-486-8123,
eXp Realty
Bought with:
Carmen Bonilla, RES.0047163
eXp Realty
Source: StateWide MLS RI,MLS#: 1350618
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Tub, Bath w Tub & Shower
Heating
- Electric, Baseboard
Cooling
- None
Appliances
- Included: Gas Water Heater, Oven/Range, Refrigerator
- Laundry: Off Site
Features
- Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Ceramic Tile, Hardwood
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,448
- Total interior livable area: 3,448 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 3,920 sqft
Details
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Clapboard, Wood
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Highway Access, Schools, Near Shopping
Location
- Region: Providence
- Subdivision: Mt Pleasant, Mount Pleasant
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 4800
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $600,000-4.7%$174/sqft |
Source: | ||
| 2/7/2024 | Pending sale | $629,900$183/sqft |
Source: | ||
| 1/24/2024 | Contingent | $629,900$183/sqft |
Source: | ||
| 1/9/2024 | Listed for sale | $629,900+193%$183/sqft |
Source: | ||
| 1/21/2009 | Sold | $215,000+228.2%$62/sqft |
Source: Public Record | ||
Public tax history
Tax history is unavailable.
Neighborhood: Valley
Nearby schools
GreatSchools rating
- 6/10George J. West Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 0.6 mi
- 1/10Mount Pleasant High SchoolGrades: 9-12Distance: 0.9 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$727,000
2% more+ $14,540
With Zillow Showcase(estimated)
$741,540
