*BACK ON MARKET DUE TO BUYER LOSING FINANCING* Welcome to 87 What Cheer Avenue! This well-maintained two-family home consists of two flat-style apartments, one above the other. Each unit is a 2-bed, 1-bath unit that has been well maintained. Off-street parking for up to 3 vehicles and a great little yard. Both units are rented for a possible turnkey investment! Rents are currently below market value. The first floor & second floor are both currently month-to-month, with the 1st floor scheduled to be vacant by December 1st. This property could be a great owner-occupied property, and take advantage of Providence's 40% homestead tax incentive! Book your private tour TODAY! (Property has already passed FHA Appraisal and appraised at $362,000)
Sold for $362,000 on 04/01/24
$362,000
87 What Cheer Ave, Providence, RI 02909
4beds
1,390sqft
Multi Family
Built in 1900
-- sqft lot
$433,500 Zestimate®
$260/sqft
$2,445 Estimated rent
Home value
$433,500
$403,000 - $464,000
$2,445/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 04, 2024 at 08:13am
Listed by:
Herson Martinez 401-919-7002,
RISE REC
Bought with:
Joao Veiga, RES.0047546
HomeSmart Professionals
Source: StateWide MLS RI,MLS#: 1351638
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Shower Stall
Heating
- Natural Gas, Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Dryer, Washer
- Laundry: In Building
Features
- Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Laminate
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,208
- Total interior livable area: 1,390 sqft
Property
Parking
- Total spaces: 3
- Parking features: No Garage
Features
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 3,920 sqft
Details
- Parcel number: PROVM109L272
- 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, Aluminum Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Recreational Facilities, Restaurants, Schools
Location
- Region: Providence
HOA & financial
Other financial information
- Total actual rent: 1200
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2024 | Sold | $362,000$260/sqft |
Source:  StateWide MLS RI #1351638 | ||
| 2/8/2024 | Pending sale | $362,000$260/sqft |
Source: StateWide MLS RI #1351638 | ||
| 1/25/2024 | Listed for sale | $362,000$260/sqft |
Source: StateWide MLS RI #1351638 | ||
| 1/22/2024 | Listing removed | -- |
Source: StateWide MLS RI #1342971 | ||
| 12/15/2023 | Price change | $362,000+6.5%$260/sqft |
Source: StateWide MLS RI #1342971 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,845 -41.8% | $376,800 +41.4% |
| 2024 | $4,890 +3.1% | $266,500 |
| 2023 | $4,744 | $266,500 |
Find assessor info on the county website
Neighborhood: Silverlake
Nearby schools
GreatSchools rating
- 2/10Webster Avenue SchoolGrades: K-5Distance: 0.3 mi
- 2/10Governor Christopher Delsesto Middle SchoolGrades: 6-8Distance: 1.1 mi
- 1/10Dr. Jorge Alvarez High SchoolGrades: 9-12Distance: 1.4 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$433,500
2% more+ $8,670
With Zillow Showcase(estimated)
$442,170