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Sold for $1,525,000 on 10/02/24
  • $1,525,000

    173 Prospect St, Providence, RI 02906

    15beds
    4,439sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $1,581,500 Zestimate®
    $344/sqft
    $2,085 Estimated rent

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    $2,085/mo

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    $2,085/mo

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    $7,934/mo

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    $7,934/mo

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    What's special

    **The property is being sold in a package with 71 Olney St, MLS#1360300. Both properties must be purchased together, total price $3,300,000** 173 Prospect Street and 71 Olney Street present a unique turn-key investment opportunity with 30 Bedrooms and 14 bathrooms, primarily rented to graduate students from Brown University, RISD, and JWU. Both properties have been renovated with new electrical service and wiring, plumbing, HVAC, hardwired sprinkler system and alarm system, new kitchens, appliances, and bathrooms. 8 parking spaces. These units are fully furnished and rented by the bedroom, each individual lease is co-signed. This is a great addition to any portfolio. Conveniently located near the Universities, Whole Foods, and highway.

    Zillow last checked: 7 hours ago

    Listing updated: October 02, 2024 at 08:24am

    Listed by:

    Spencer Kelleher 508-493-7093,

    William Raveis Inspire

    Bought with:

    Spencer Kelleher, RES.0048238

    William Raveis Inspire

    Source: StateWide MLS RI,MLS#: 1360296MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Hardwood
    • Basement: Full,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,439
    • Total interior livable area: 4,439 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage
    Features
    • Stories: 3
    Lot
    • Size: 5,188 sqft
    Details
    • Parcel number: PROVM9L522
    • Zoning: R-3
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Wood
    • Foundation: Concrete Perimeter, Stone
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Providence

    HOA & financial

    Other financial information
    • Total actual rent: 3
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,581,500
    2% more+$31,630
    With Zillow Showcase(estimated)$1,613,130