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Sold for $590,000
  • $590,000

    15 Pallas St, Providence, RI 02903

    9beds
    4,806sqft
    Multi Family
    Built in 1870
    -- sqft lot
    $878,600 Zestimate®
    $123/sqft
    $3,030 Estimated rent

    Home value

    $878,600

    $791,000 - $975,000

    $3,030/mo

    Zestimate® history
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    What's special

    Attention investors, here's a golden opportunity you won't want to miss! Nestled in a prime location in Federal Hill, this 3-unit multi-family building is a diamond in the rough, waiting for your expertise to shine. Perfectly situated within walking distance of the Providence Place Mall and The Amica Mutual Pavilion, this property offers unbeatable convenience and potential. Each unit features 3 spacious bedrooms and 1 bathroom, making them highly desirable for tenants. High ceilings throughout the building add a sense of spaciousness and grandeur. A fireplace in each unit adds character and charm, making it a cozy place to call home. What truly sets this property apart is its history. This is the first time it has been available on the market in 71 years, presenting a once-in-a-lifetime chance for savvy investors. While the property requires some TLC, it offers immense potential for the right buyer. This property is ideal for cash buyers, those considering a 203k loan, or rehab loan options. With the right vision and investment, you can transform this diamond into a lucrative income-producing asset. Don't let this remarkable investment opportunity slip through your fingers. With a little creativity and investment, you can unlock the full potential of this multi-family building and watch your returns grow. Act quickly to secure your piece of this prime Providence real estate.

    Zillow last checked:

    Listing updated:

    Listed by:

    Curtis Lopes 978-467-3661,

    Advanced Realty

    Bought with:

    The Modern Collective Group

    Compass

    Source: StateWide MLS RI,MLS#: 1343233MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Bathroom
    • Features: No Tub or Shower
    Heating
    • Natural Gas, None
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Hardwood, Laminate
    • Basement: Full,Interior Entry,Unfinished,Storage Space
    • Number of fireplaces: 3
    • Fireplace features: Brick
    Interior area
    • Total structure area: 4,806
    • Total interior livable area: 4,806 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, Driveway
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 3,920 sqft
    Details
    • Parcel number: PROVM28L259
    • Zoning: C-1
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Paneled, Plaster, Aluminum Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Electric: 100 Amp Service
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
    Location
    • Region: Providence
    • Subdivision: Federal Hill

    HOA & financial

    HOA
    • Has HOA: No
    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    10/1/2023Sold$590,000-6.3%$123/sqft
    Source: StateWide MLS RI #1343233 Report a problem
    9/19/2023Pending sale$629,900$131/sqft
    Source: StateWide MLS RI #1343233 Report a problem
    9/5/2023Listed for sale$629,900+44.8%$131/sqft
    Source: StateWide MLS RI #1343233 Report a problem
    8/1/2023Sold$435,000$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,117 +2%$794,100 +33.7%
    2024$10,900 +3.1%$594,000
    2023$10,573 $594,000
    2022$10,573 +26.7%$594,000 +74.9%
    2021$8,343 +66.7%$339,700
    2020$5,006 0%$339,700
    2019$5,007 +32.6%$339,700 +69.1%
    2018$3,777 -41.2%$200,900
    2017$6,421 $200,900
    2016$6,421 +26.2%$200,900 +30.7%
    2015$5,087 -1.9%$153,700
    2013$5,187 -36.1%$153,700 -39.6%
    2012$8,116 $254,500
    2011$8,116 +5%$254,500
    2010$7,732 -25.1%$254,500 -40.3%
    2009$10,321 +6%$426,300
    2007$9,737 +20%$426,300 +58.9%
    2006$8,111 $268,300
    2005$8,111 $268,300

    Find assessor info on the county website

    Neighborhood: Federal Hill

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $878,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $878,600