Fabulous opportunity to own an updated, well-maintained two-family home on a quiet street, only steps from the paved walking and biking trail of the Woonasquatucket River Greenway! Perfect for an owner-occupier or an investor, with nothing to do but move right in or start collecting the rents. The long-time owner of this home undertook major renovations over the years, adding insulation, updated plumbing and electrical, replacement windows, a newer roof, and renovated kitchens and baths. Each unit has 2 bedrooms, 1 full bath, an eat-in kitchen, and an oversized living room. The home has gas heat, 200 amp electrical service, washer & dryer hookups and storage areas in the basement, and the 1st floor unit has central air. The detached garage fits two cars, the driveway can accommodate 4 additional cars, and there's ample street parking. The location is great--close to shopping, restaurants, schools, recreation areas, highway access, and only a few minutes' drive to Providence. If you've been looking for a manageable investment property that doesn't need work, this is the one! HIGHEST & BEST OFFERS DUE BY WED., 2/15/23, @ 5:00 PM.
Sold for $426,000 on 03/29/23
$426,000
42 Lyman Ave, Johnston, RI 02919
4beds
1,776sqft
Multi Family
Built in 1882
-- sqft lot
$526,400 Zestimate®
$240/sqft
$2,323 Estimated rent
Home value
$526,400
$495,000 - $558,000
$2,323/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 29, 2023 at 05:07pm
Listed by:
Erica Gregg 401-595-3235,
Lila Delman Compass
Bought with:
Frank Smith, RES.0045627
Keller Williams Leading Edge
Source: StateWide MLS RI,MLS#: 1329508
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Central Air, Central, Forced Air, Forced Water, Gas Connected, Individual Control
Cooling
- Central Air, Partial
Appliances
- Included: Gas Water Heater, Dishwasher, Disposal, Range Hood, Oven/Range, Refrigerator
- Laundry: In Building
Features
- Wall (Dry Wall), Stairs, Plumbing (Copper), Plumbing (PVC), Insulation (Cap), Insulation (Ceiling), Insulation (Walls), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
- Basement: Full,Interior and Exterior,Unfinished,Common,Laundry,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,886
- Total interior livable area: 1,776 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Breezeway
- Waterfront features: River
Lot
- Size: 4,791 sqft
- Features: Sidewalks
Details
- Parcel number: JOHNM0034L228
- Zoning: R15
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Clapboard, Shingles
- Foundation: Stone
Condition
- New construction: No
- Year built: 1882
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Common Meter, Municipal, Public
- Utilities for property: Sewer Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Schools, Near Shopping, Tennis
Location
- Region: Johnston
- Subdivision: Cherry Hill
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 2900
Price history
| Date | Event | Price |
|---|---|---|
| 3/29/2023 | Sold | $426,000+9.2%$240/sqft |
Source:  StateWide MLS RI #1329508 | ||
| 2/17/2023 | Pending sale | $390,000$220/sqft |
Source: StateWide MLS RI #1329508 | ||
| 2/8/2023 | Listed for sale | $390,000+1525%$220/sqft |
Source: StateWide MLS RI #1329508 | ||
| 8/5/1992 | Sold | $24,000$14/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,813 +2.1% | $308,100 |
| 2024 | $4,714 +10.3% | $308,100 +67.6% |
| 2023 | $4,272 | $183,800 |
Find assessor info on the county website
Neighborhood: 02919
Nearby schools
GreatSchools rating
- 5/10Sarah Dyer Barnes SchoolGrades: K-5Distance: 0.3 mi
- 5/10Nicholas A. Ferri Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Johnston Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Sell for more on Zillow
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$526,400
2% more+ $10,528
With Zillow Showcase(estimated)
$536,928