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Sold for $512,500 on 06/03/25
  • $512,500

    59 Mechanic St, Hope Valley, RI 02832

    8beds
    3,046sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $514,600 Zestimate®
    $168/sqft
    $2,297 Estimated rent

    What's special

    "RARE FIND" 4 unit home for sale in this peaceful country side of Hope Valley! Fully occupied Solid investment property in a quiet town with room to improve cosmetically and raise rents. 2 Beds 1 bath in each unit! Bones are solid in this one. Large yard and driveway with plenty of parking. A lot of potential here for the right investor. Please do not walk property or disturb tenants. Reach out today for more details! H&B by Thursday 3/27 @ 5pm

    Zillow last checked: 7 hours ago

    Listing updated: June 04, 2025 at 01:27pm

    Listed by:

    David Tatangelo 401-465-0263,

    RE/MAX Real Estate Center

    Bought with:

    Lawrence Colli, RES.0046690

    Williams & Stuart Real Estate

    Source: StateWide MLS RI,MLS#: 1380121MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Oil, Baseboard
    Cooling
    • Individual Unit, None
    Appliances
    • Included: Electric Water Heater, Oven/Range, Refrigerator
    • Laundry: Off Site
    Features
    • Wall (Plaster), Plumbing (Mixed), Insulation (Cap), Insulation (Unknown), Insulation (Walls), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Vinyl, Carpet
    • Doors: Storm Door(s)
    • Windows: Insulated Windows
    • Basement: Full,Bulkhead,Unfinished
    • Attic: Attic Storage
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 3,045
    • Total interior livable area: 3,046 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: No Garage
    Features
    • Stories: 3
    • Patio & porch: Deck
    • Waterfront features: Walk to Fresh Water
    Lot
    • Size: 0.52 Acres
    • Features: Wooded
    Details
    • Additional structures: Outbuilding
    • Foundation area: 1218
    • Zoning: RRR8
    • 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
    • Plaster, Shingles, Vinyl Siding, Wood
    • Foundation: Mixed
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers, Individual Meter
    • Sewer: Cesspool
    • Water: In Fee, Well

    Community & neighborhood

    Security
    • Security features: Security System Owned
    Community
    • Community features: Near Public Transport, Golf, Highway Access, Interstate, Schools, Near Swimming
    Location
    • Region: Hope Valley
    • Subdivision: Hope Valley

    HOA & financial

    Other financial information
    • Total actual rent: 5080
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $514,600
    2% more+ $10,292
    With Zillow Showcase(estimated)
    $524,892