Sold for $990,000
$990,000
67 Ridge St, Providence, RI 02909
11beds
5,563sqft
Multi Family
Built in 1953
-- sqft lot
$1,149,600 Zestimate®
$178/sqft
$2,243 Estimated rent
Home value
$1,149,600
$1.07M - $1.25M
$2,243/mo
Zestimate® history
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What's special
Historically & architecturally rich property with proven revenue stream, in one of Providence’s most sought-after neighborhoods! ** This former convent with its maintenance free brick exterior has been immaculately repurposed into a highly successful short-term rental property & features an incredibly unique layout supporting its present use. **Located in the heart of Federal Hill, this property is well positioned within walking distance of Atwells Avenue, renowned for its eateries, shops & entertainment options as well as all the vibrant West Side has to offer. ** Spread over a generous 5,653 sqft area, on three floors & an additional 1855 sf below grade, the property features 4 finished levels that support versatile uses due to their open & adaptable floor plans. **The main 3 levels consist of a total of 11 beds & 6 baths. The 2nd & 3rd levels consist of 4 beds & 2 baths. **Each floor is equipped with an ensuite w/ a private bath & 3 additional beds w/ common bath & kitchen. **The 1st floor consists of 1 en suite w/ private bath & 2 beds w/ shared bath & a spacious common area, nicely furnished & includes vending machines for guest convenience. ** The fully finished lower has 5 rooms, a bath & 2 utility rooms w/ laundry & coin op.** Property is fully furnished & comes with an excellent cash flow, courtesy of its ongoing success as a short-term rental hub. Ample parking, dog park nearby. Close to downtown & train, this property presents an amazing investment opportunity!
Zillow last checked: 8 hours ago
Listing updated: September 27, 2023 at 08:56am
Listed by:
Joy Riley,
Westcott Properties
Bought with:
Joy Riley, REB.0012495
Westcott Properties
Source: StateWide MLS RI,MLS#: 1337631
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
- Full bathrooms: 6
Bathroom
- Features: Bath w Shower Stall
Heating
- Natural Gas, Baseboard, Forced Water, Steam
Cooling
- Individual Unit
Appliances
- Included: Gas Water Heater, Oven/Range, Refrigerator
- Laundry: In Building
Features
- Wall (Dry Wall)
- Flooring: Laminate, Other
- Basement: Full,Interior and Exterior,Finished,Bath/Stubbed,Common,Laundry,Storage Space
- Has fireplace: No
Interior area
- Total structure area: 5,653
- Total interior livable area: 5,563 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 8,712 sqft
Details
- Parcel number: PROVM33L693
- Zoning: R-3
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Brick
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Highway Access, Hospital, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
Location
- Region: Providence
- Subdivision: Federal Hill, West Side
HOA & financial
Other financial information
- Total actual rent: 12000
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2023 | Sold | $990,000-0.9%$178/sqft |
Source: | ||
| 7/24/2023 | Pending sale | $999,000$180/sqft |
Source: | ||
| 6/22/2023 | Listed for sale | $999,000+73.7%$180/sqft |
Source: | ||
| 6/14/2019 | Sold | $575,000+228.6%$103/sqft |
Source: Public Record Report a problem | ||
| 12/23/1998 | Sold | $175,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,948 +11.3% | $1,067,700 +45.9% |
| 2024 | $13,430 +3.1% | $731,900 |
| 2023 | $13,028 | $731,900 |
Find assessor info on the county website
Neighborhood: Federal Hill
Nearby schools
GreatSchools rating
- 8/10Asa Messer Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Central High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,149,600


