Welcome to this oversized and well-maintained 3-family home located in the heart of Providence’s desirable Mount Hope neighborhood. Lovingly cared for and owner-occupied for the last 20 years, each unit offers 3 large bedrooms, 1 full bath, original hardwood flooring, expansive ceiling heights, and charming ornate decorative fireplaces. Units 1 and 3 are equipped with central air, while Unit 2 features a mini-split system. All kitchens have been recently updated with granite countertops, and contain dishwashers, gas stoves, and modern finishes. The property offers a mix of replacement windows, including Renewal by Andersen, and updated mechanicals throughout. Each unit also enjoys its own private deck. The first floor has its own dedicated in-unit washer and dryer, while the basement offers coin-operated laundry for Units 2 and 3. A large off-street parking lot accommodates 6-7 vehicles, a true amenity in the city. Ample storage in the basement for all units. Conveniently located near Hope Village, Whole Foods, and the train station - ideal for commuters, multi-generational households, Airbnb, or savvy investors seeking strong cash flow in a prime location. 40-42 Cypress awaits its next caretaker...
Sold for $815,000
$815,000
40-42 Cypress St, Providence, RI 02906
9beds
3,984sqft
Multi Family
Built in 1900
-- sqft lot
$858,900 Zestimate®
$205/sqft
$2,675 Estimated rent
Home value
$858,900
$764,000 - $971,000
$2,675/mo
Zestimate® history
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List your homeWhat's special
Coin-operated laundryReplacement windowsCentral airGranite countertopsGas stovesPrivate deckCharming ornate decorative fireplaces
Zillow last checked:
Listing updated:
Listed by:
Stephen Gaskin 508-991-0151,
Residential Properties Ltd.
Bought with:
Stephen Gaskin, RES.0048283
Residential Properties Ltd.
Source: StateWide MLS RI,MLS#: 1382391
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Baseboard
Cooling
- Central Air, Ductless
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: Common Area, In Building, In Unit
Features
- Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood
- Basement: Full,Interior Entry,Unfinished
- Number of fireplaces: 2
- Fireplace features: Insert
Interior area
- Total structure area: 5,104
- Total interior livable area: 3,984 sqft
Property
Parking
- Total spaces: 7
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 6,534 Square Feet
- Features: Sidewalks
Details
- Zoning: R3
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Wood
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Tennis
- Subdivision: Mount Hope
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $205/sqft
- Annual tax amount: $11,353
- Date on market: 4/22/2025
- Inclusions: This is an estate sale, no sales disclosure will be included. Buyers and Buyer's agent to do their own due diligence. Lead disclosure and reports attached.
- Total actual rent: 3750
- Tenant pays: Hot Water, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Sold | $815,000+1.9%$205/sqft |
Source:  StateWide MLS RI #1382391 Report a problem | ||
| 5/2/2025 | Pending sale | $799,900$201/sqft |
Source: StateWide MLS RI #1382391 Report a problem | ||
| 4/22/2025 | Listed for sale | $799,900$201/sqft |
Source: StateWide MLS RI #1382391 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Mount Hope
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Nearby schools
GreatSchools rating
- 6/10Martin Luther King Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Nathan Bishop Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Hope High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$858,900
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
$858,900
- Rhode Island
- Providence County
- Providence
- 02906
- Mount Hope
- 40-42 Cypress St
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