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Off market
  • $888,500

    40 East St, Providence, RI 02906

    8beds
    2,520sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $888,500 Zestimate®
    $353/sqft
    $3,341 Estimated rent

    Home value

    $888,500

    $800,000 - $977,000

    $3,341/mo

    Zestimate® history
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    $3,341/mo

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    $4,578/mo

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    $4,578/mo

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    What's special

    Beautiful and well-maintained 3 family with attached off-street parking lot right in the heart of the Wickenden Street walking corridor; full of boutiques, hip coffee shops, salons, and art and antique galleries. Just a stone's throw to India Point Park! Roof is 2 years old. Updated electric and plumbing. 2 new water heaters. Laundry machines in the basement. 8% Cap Rate, and room to raise rents. Great opportunity for investors and for folks looking to live to own. Lots of pretty hardwoods in the units, tall ceilings, and handsome accents. Rare opportunity in an excellent neighborhood. Recent comps on the street. Motivated seller.

    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: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    • Laundry: In Building
    Features
    • Flooring: Hardwood, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,520 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 3,201 sqft
    Details
    • Parcel number: PROVM17L173

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1930

    Utilities & green energy

    • Electric: Individual Meter, 110 Volts
    • Sewer: Public Connected

    Community & neighborhood

    Location
    • Region: Providence

    Other

    Other facts
    • BasementRoomsType: Storage Area, Laundry, Common
    • Exterior: Vinyl Siding
    • FinishedFloor: Hardwood, Vinyl, Laminate
    • BasementFinish: Unfinished
    • Electric: Individual Meter, 110 Volts
    • Equipment: Dryer, Oven/Range, Refrigerator, Washer, Ceiling Fan
    • HeatingFuel: Gas
    • BasementAccess: Interior and Exterior
    • HeatPaidBy: Tenant
    • BasementType: Full
    • HotWater: Gas, Tenant Pays
    • Wall: Dry Wall
    • Laundry: In Building
    • LotDescription: Paved Driveway
    • Plumbing: Mixed
    • WaterAmenities: Walk To Water, Walk to Salt Water
    • PropertyType: 2-4 Units Multi Family
    • Cooling: Wall Unit
    • SubsidizedHousing: 0
    • Type: Apartment
    • UnderConstruction: 0
    • WaterSupply: Connected, Municipal
    • HeatingSystem: Baseboard
    • Insulation: Walls, Ceiling, Cap
    • Sewer: Public Connected
    • ApxHeatCost: 0-300
    • TimeShareYN: 0

    Price history

    DateEventPrice
    4/2/2019Sold$433,000-4.8%$172/sqft
    Source: StateWide MLS RI #1199743 Report a problem
    10/17/2018Listing removed$455,000$181/sqft
    Source: Lenox Realty Group #1199743 Report a problem
    9/18/2018Listed for sale$455,000$181/sqft
    Source: Lenox Realty Group #1199743 Report a problem
    9/18/2018Pending sale$455,000$181/sqft
    Source: Lenox Realty Group #1199743 Report a problem
    9/14/2018Pending sale$455,000$181/sqft
    Source: Lenox Realty Group #1199743 Report a problem
    8/30/2018Price change$455,000-5%$181/sqft
    Source: Lenox Realty Group #1199743 Report a problem
    7/31/2018Listed for sale$479,000+45.2%$190/sqft
    Source: Lenox Realty Group #1199743 Report a problem
    8/14/2015Sold$330,000-8.3%$131/sqft
    Source: Public Record Report a problem
    6/19/2015Price change$359,900-5%$143/sqft
    Source: RE/MAX ELITE #71860529 Report a problem
    4/15/2015Price change$379,000-5.2%$150/sqft
    Source: RE/MAX ELITE #1089174 Report a problem
    3/4/2015Listed for sale$399,900$159/sqft
    Source: EXIT Realty Consultants #1089174 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,051 +5%$860,800 +37.7%
    2024$11,472 +3.1%$625,200
    2023$11,129 $625,200
    2022$11,129 +11.4%$625,200 +53.6%
    2021$9,993 0%$406,900
    2020$9,993 +66.6%$406,900
    2019$5,998 +1.6%$406,900 +29.6%
    2018$5,903 -41.2%$314,000
    2017$10,035 $314,000
    2016$10,035 +11.7%$314,000 +15.7%
    2015$8,983 -1.9%$271,400
    2013$9,160 -23.6%$271,400 -27.8%
    2012$11,984 $375,800
    2011$11,984 +5%$375,800
    2010$11,417 +14.7%$375,800 -8.6%
    2009$9,953 +6%$411,100
    2007$9,390 +0.2%$411,100 +32.7%
    2006$9,368 $309,900
    2005$9,368 $309,900

    Find assessor info on the county website

    Neighborhood: Fox Point

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $888,500
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    Estimated market value
    $888,500