This well-maintained multi-family property is a true gem for investors or owner-occupants seeking rental income potential. House has been gutted to the studs and refurbished for a new, modern look. Brand new roof, decks, boilers, hot water tanks, flooring, paint, cabinets, stainless steel appliances, etc. to just name a few... With an exterior door that leads to the basement there is lots of potential for future expansion. Located in a highly desirable neighborhood, this property offers 2 spacious units that are perfect for long-term tenants or seasonal rentals. With proximity to local amenities, schools, public transportation, and major highways, this property is strategically situated for both convenience and growth potential.
Sold for $520,000
$520,000
486 Sharon St, Providence, RI 02908
6beds
2,038sqft
Multi Family
Built in 1925
-- sqft lot
$555,400 Zestimate®
$255/sqft
$2,151 Estimated rent
Home value
$555,400
$494,000 - $622,000
$2,151/mo
Zestimate® history
Owner options
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$2,151/mo
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$2,151/mo
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$2,679/mo
Est. payment
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$2,679/mo
Est. payment
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List your homeWhat's special
Brand new roofGutted to the studsStainless steel appliancesHot water tanks
Zillow last checked:
Listing updated:
Listed by:
Curran Keough 401-230-9342,
Oakmont Realty Group
Bought with:
David Sanabria, RES.0047305
Century 21 Limitless Prg
Source: StateWide MLS RI,MLS#: 1372617
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Vinyl
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,038
- Total interior livable area: 2,038 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: PROVM85L9
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingles
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $442,800
- Annual tax amount: $5,589
- Date on market: 11/8/2024
- Total actual rent: 0
- Tenant pays: Heat
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2025 | Sold | $520,000-3.5%$255/sqft |
Source:  StateWide MLS RI #1372617 Report a problem | ||
| 1/8/2025 | Pending sale | $539,000$264/sqft |
Source: StateWide MLS RI #1372617 Report a problem | ||
| 11/8/2024 | Listed for sale | $539,000+76.7%$264/sqft |
Source: StateWide MLS RI #1372617 Report a problem | ||
| 5/10/2023 | Sold | $305,000+408.3%$150/sqft |
Source: Public Record Report a problem | ||
| 12/30/2002 | Sold | $60,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,343 -40.2% | $442,800 +45.4% |
| 2024 | $5,589 +3.1% | $304,600 |
| 2023 | $5,422 | $304,600 |
| 2022 | $5,422 +9.6% | $304,600 +51.2% |
| 2021 | $4,946 0% | $201,400 |
| 2020 | $4,946 +66.6% | $201,400 |
| 2019 | $2,969 +9.1% | $201,400 +39.2% |
| 2018 | $2,720 -41.2% | $144,700 |
| 2017 | $4,625 | $144,700 |
| 2016 | $4,625 +2.9% | $144,700 +6.6% |
| 2015 | $4,495 -1.9% | $135,800 |
| 2013 | $4,583 -17.5% | $135,800 -22.1% |
| 2012 | $5,558 | $174,300 |
| 2011 | $5,558 +5% | $174,300 |
| 2010 | $5,295 -7.2% | $174,300 -26.1% |
| 2009 | $5,706 +6% | $235,700 |
| 2007 | $5,383 +8.8% | $235,700 +44.1% |
| 2006 | $4,946 | $163,600 |
| 2005 | $4,946 | $163,600 |
Find assessor info on the county website
Neighborhood: Elmhurst
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Nearby schools
GreatSchools rating
- 3/10Veazie Street SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Mount Pleasant High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$555,400
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
$555,400
- Rhode Island
- Providence County
- Providence
- 02908
- Elmhurst
- 486 Sharon St
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