Sold for $1,450,000

$1,450,000

424-426 Benefit St, Providence, RI 02903

7beds

4,647sqft

Multi Family

Built in 1845

-- sqft lot

$1,589,500 Zestimate^®

$312/sqft

$3,224 Estimated rent

Home value

$1,589,500

$1.46M - $1.75M

$3,224/mo

Zestimate^® history

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$3,224/mo

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$3,224/mo

Rent Zestimate^®

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$7,471/mo

Est. payment

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$7,471/mo

Est. payment

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What's special

Fantastic location in the Fox Point Neighborhood on Historic Benefit St. The Asa Howard ca.1845 Greek Revival home is a well maintained, Legal 5 unit consisting of 3- 1 bedrooms and 2- 2 bedroom units. Unused 3rd floor has 8 original rooms with 8 ft. ceiling height, easily creates ability to expand. Historic details intact, 6 fireplaces. New roof and rebuilt chimneys from roof line in 2016. Exterior freshly painted. Recently installed 5 unit fire alarm system. All units have separate utilities and mechanicals. Garden apartment has laundry hook up. Common Coin op laundry room. 7 car parking. City assessor square footage of 4484 sq. ft. is ABOVE GRADE calculation and does not include spacious, legal garden apartment. Month to month tenants paying below rental market. 1 tenant will vacate August 31, 2024, another tenant vacates July 12, 2024 allowing for immediate market rent.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5
Full bathrooms: 5

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Forced Air

Cooling

None, Window Unit(s)

Appliances

Included: Gas Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
Laundry: Common Area, In Building

Features

Wall (Cermaic), Wall (Dry Wall), Wall (Plaster), Internal Expansion, Stairs, Plumbing (Mixed), Insulation (Unknown), Insulation (Walls)
Flooring: Ceramic Tile, Hardwood, Vinyl
Doors: Storm Door(s)
Windows: Storm Window(s)
Basement: Full,Walk-Out Access,Partially Finished,Bath/Stubbed,Bedroom(s),Common,Kitchen,Laundry,Living Room,Storage Space,Utility
Attic: Attic Stairs, Attic Storage
Number of fireplaces: 7
Fireplace features: Brick

Interior area

Total structure area: 4,484
Total interior livable area: 4,647 sqft

Property

Parking

Total spaces: 7
Parking features: No Garage, Driveway
Has uncovered spaces: Yes

Features

Stories: 4
Fencing: Fenced
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: River, Walk to Fresh Water, Walk to Salt Water, Walk To Water

Lot

Size: 3,872 Square Feet
Features: Local Historic District, Paved, Sidewalks

Details

Foundation area: 1813
Zoning: H R-2
Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Ceramic, Dry Wall, Plaster, Clapboard
Foundation: Brick/Mortar, Stone

Condition

New construction: No
Year built: 1845

Utilities & green energy

Electric: 100 Amp Service, Circuit Breakers, Common Meter, Individual Meter
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, Marina, Private School, Public School, Railroad, Restaurants, Schools, Near Shopping
Subdivision: Fox Point

HOA

Has HOA: No

Location

Region: Providence

Financial & listing details

Price per square foot: $312/sqft
Annual tax amount: $17,727
Date on market: 9/26/2024
Total actual rent: 7950
Tenant pays: Hot Water, Heat

Price history

Date	Event	Price
7/25/2024	Sold	$1,450,000-3.3%$312/sqft
Source: StateWide MLS RI #1362611 Report a problem
7/11/2024	Pending sale	$1,500,000$323/sqft
Source: StateWide MLS RI #1362611 Report a problem
6/27/2024	Listed for sale	$1,500,000$323/sqft
Source: StateWide MLS RI #1362611 Report a problem