This is your chance to own a stunning piece of property on the East Side of Providence, Rhode Island! Not only will you be purchasing a beautiful and historic colonial home, but you will also be buying the possible buildable lot right next to it – all for $500K! The main house has the potential to be converted into a 2 or 3-unit multifamily while the possible buildable lot is ready for new multifamily construction. Not only is this an amazing chance to own a home in the sought-after location of East Providence, but it is also an opportunity to have 2 multifamily properties in a high-demand area. Buyer to do all due diligence. Verbally told by Providence zoning confirming the home conversion and possible buildable lot. __________________________________________________________________________________________________________ This home is a Certified Pre-Owned Home™. Please see the attachments for details. * 2,342 Per Month @ 5.78% APR. * 20% Down 30-Year to those who qualify. * Taxes insurance not included. * Rates As of April 2024. * Taxes reflect 45% homestead exemption.
Sold for $465,000
$465,000
56 Abbott St, Providence, RI 02906
4beds
3,004sqft
Single Family Residence
Built in 1868
9,182.45 Square Feet Lot
$708,900 Zestimate®
$155/sqft
$4,869 Estimated rent
Home value
$708,900
$638,000 - $794,000
$4,869/mo
Zestimate® history
Owner options
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$4,869/mo
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$4,869/mo
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$2,944/mo
Est. payment
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$2,944/mo
Est. payment
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List your homeWhat's special
Historic colonial homeMultifamily construction
Zillow last checked:
Listing updated:
Listed by:
Nathan Clark Team 401-232-7661,
Your Home Sold Guaranteed, NCT
Bought with:
Robert Shavers, REC.0005266
Mission Realty
Source: StateWide MLS RI,MLS#: 1351304
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Oil, Wood, Steam
Cooling
- None
Appliances
- Included: Gas Water Heater, Disposal, Oven/Range, Refrigerator
Features
- Plumbing (Mixed), Ceiling Fan(s)
- Flooring: Hardwood
- Basement: Full,Interior and Exterior,Partially Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,056
- Total interior livable area: 3,004 sqft
- Finished area above ground: 2,056
- Finished area below ground: 948
Property
Parking
- Total spaces: 12
- Parking features: No Garage
Features
- Fencing: Fenced
Lot
- Size: 9,182 sqft
Details
- Parcel number: PROVM5L160
- Special conditions: Conventional/Market Value
- Other equipment: Wood Stove
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Brick, Clapboard
- Foundation: Stone
Condition
- New construction: No
- Year built: 1868
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Public School, Railroad, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Providence
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2024 | Sold | $465,000-7%$155/sqft |
Source:  StateWide MLS RI #1351304 Report a problem | ||
| 2/13/2024 | Contingent | $499,999$166/sqft |
Source: StateWide MLS RI #1351307 Report a problem | ||
| 1/18/2024 | Listed for sale | $499,999+0%$166/sqft |
Source: StateWide MLS RI #1351304 Report a problem | ||
| 1/18/2024 | Listing removed | -- |
Source: StateWide MLS RI #1349592 Report a problem | ||
| 12/12/2023 | Price change | $499,900-9.1%$166/sqft |
Source: StateWide MLS RI #1349592 Report a problem | ||
| 11/11/2023 | Price change | $549,900-8.3%$183/sqft |
Source: StateWide MLS RI #1347935 Report a problem | ||
| 10/2/2023 | Price change | $599,900-7.7%$200/sqft |
Source: StateWide MLS RI #1343929 Report a problem | ||
| 9/20/2023 | Listed for sale | $650,000$216/sqft |
Source: StateWide MLS RI #1343929 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,579 +4% | $656,100 +30.7% |
| 2024 | $9,214 +3.1% | $502,100 |
| 2023 | $8,937 | $502,100 |
| 2022 | $8,937 +39.7% | $502,100 +92.8% |
| 2021 | $6,395 0% | $260,400 |
| 2020 | $6,395 +0% | $260,400 |
| 2019 | $6,395 +17.1% | $260,400 +52.5% |
| 2018 | $5,459 | $170,800 |
| 2017 | $5,459 | $170,800 |
| 2016 | $5,459 -1.5% | $170,800 +2% |
| 2015 | $5,544 -1.9% | $167,500 |
| 2013 | $5,653 -25.9% | $167,500 -30% |
| 2012 | $7,634 | $239,400 |
| 2011 | $7,634 +5% | $239,400 |
| 2010 | $7,273 +3.3% | $239,400 -17.7% |
| 2009 | $7,040 +6% | $290,800 |
| 2007 | $6,642 -9.7% | $290,800 +19.5% |
| 2006 | $7,358 | $243,400 |
Find assessor info on the county website
Neighborhood: Mount Hope
Nearby schools
GreatSchools rating
- 6/10Martin Luther King Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Nathan Bishop Middle SchoolGrades: 6-8Distance: 0.7 mi
- 1/10Hope High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$708,900
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
$708,900
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