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Off market
  • $1,199,800

    248 Cypress St, Providence, RI 02906

    7beds
    3,266sqft
    MultiFamily
    Built in 1912
    -- sqft lot
    $1,199,800 Zestimate®
    $367/sqft
    $2,660 Estimated rent

    Home value

    $1,199,800

    $1.10M - $1.31M

    $2,660/mo

    Zestimate® history
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    $2,660/mo

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    Rent Zestimate®

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    $6,182/mo

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    $6,182/mo

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    What's special

    Meticulously maintained and totally redone owner occupied legal 3 unit prominently set on a large corner lot east of Hope St. offering fantastic outdoor living space and a 3 car width, side by side cobblestone parking lot. Each unit offer beautiful bathrooms and fantastic kitchens with granite counters and stainless appliances, gorgeous refinished wood flooring throughout, painstakingly redone wood trim, new windows, efficient ductless air conditioning on first and second floors and central air conditioning on third floor. The first and second floor units feature sun filled double living rooms with two bay window walls plus a separate dining room with built-ins and box bay window wall, eat-in kitchen, 2 bedrooms and one full bathroom while the spacious and inviting 3 floor unit can be either a 2 or 3 bedroom unit. The 2 level south facing solidly built front porches run the full width of the front of the building and the spacious rear patio covers nearly the entire rear yard. The bright immaculate basement features a spacious laundry room with stainless steel sink and folding area as well as ample storage for each unit. This large, turnkey multi unit is the ideal owner occupied, investment or condo conversion opportunity in a fantastic location between Brown University/Thayer St and Hope Village. Rents are currently below market and tenants are on a month to month basis. Taxes are based on $14.50/thousand homestead exemption rate.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Laundry: In Building
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 3,266 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Shingle (Not Wood), Wood
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: PROVM6L41

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1912

    Utilities & green energy

    • Electric: 100 Amps, Circuit Breaker, Individual Meter
    • Sewer: Connected

    Community & HOA

    Location
    • Region: Providence

    Financial & listing details

    • Price per square foot: $367/sqft
    • Tax assessed value: $1,068,000
    • Annual tax amount: $8,063

    Price history

    DateEventPrice
    6/30/2020Sold$725,000-2%$222/sqft
    Source: StateWide MLS RI #1252938 Report a problem
    5/7/2020Listed for sale$739,900+469.2%$227/sqft
    Source: Patriot Realty, Inc. #1252938 Report a problem
    4/15/1997Sold$130,000$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,063 -44%$1,068,000 +36.2%
    2024$14,394 +10.1%$784,400 +6.8%
    2023$13,072 $734,400
    2022$13,072 +11.1%$734,400 +53.3%
    2021$11,769 +66.7%$479,200
    2020$7,062 0%$479,200
    2019$7,063 +7.3%$479,200 +36.8%
    2018$6,586 -41.2%$350,300
    2017$11,196 $350,300
    2016$11,196 +7%$350,300 +10.9%
    2015$10,460 -1.9%$316,000
    2013$10,665 -8.1%$316,000 -13.1%
    2012$11,602 $363,800
    2011$11,602 +5%$363,800
    2010$11,052 +7.8%$363,800 -14.1%
    2009$10,248 +6%$423,300
    2007$9,668 -6.5%$423,300 +23.8%
    2006$10,339 $342,000
    2005$10,339 $342,000
    Find assessor info on the county website

    Neighborhood: Blackstone

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,199,800
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    Estimated market value
    $1,199,800