Sold for $600,000

$600,000

57-59 Fairmount Ave, Providence, RI 02908

8beds

3,484sqft

Multi Family

Built in 1920

-- sqft lot

$608,600 Zestimate^®

$172/sqft

$1,349 Estimated rent

Home value

$608,600

$542,000 - $682,000

$1,349/mo

Zestimate^® history

Owner options

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$1,349/mo

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$1,349/mo

Rent Zestimate^®

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$3,799/mo

Est. payment

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$3,799/mo

Est. payment

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What's special

This well-maintained 4-unit multifamily offers a fantastic mix of layouts, featuring two 1-bedroom apartments and two 3-bedroom apartments. Each unit is generously sized, providing comfortable living space for tenants. The property is set on a good-sized lot with plenty of off-street parking to accomodate residents and guests with ease. Ideal for both investors seeking strong rental income and owner-occupants looking to offset living costs, this property blends functionality, convenience, and long-term value. Subject to 1031 exchange.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Baseboard, Gas Connected

Cooling

None

Appliances

Included: Gas Water Heater, Refrigerator

Features

Wall (Plaster), Insulation (Cap)
Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
Basement: Full,Interior Entry,Unfinished,Storage Space
Has fireplace: No

Interior area

Total structure area: 3,018
Total interior livable area: 3,484 sqft

Property

Parking

Total spaces: 6
Parking features: No Garage

Features

Stories: 3

Lot

Size: 4,255 sqft

Details

Special conditions: Conventional/Market Value

Construction

Type & style

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

Materials

Plaster, Aluminum Siding
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1920

Utilities & green energy

Electric: 100 Amp Service, Circuit Breakers
Utilities for property: Sewer Connected, Water Connected

Community & neighborhood

Community

Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis

Location

Region: Providence
Subdivision: Mt Pleasant

HOA & financial

Other financial information

Total actual rent: 5435

Price history

Date	Event	Price
4/3/2026	Sold	$600,000+0%$172/sqft
Source: StateWide MLS RI #1397897 Report a problem
1/27/2026	Pending sale	$599,900$172/sqft
Source: StateWide MLS RI #1397897 Report a problem
10/16/2025	Listed for sale	$599,900-7.7%$172/sqft
Source: StateWide MLS RI #1397897 Report a problem
10/15/2025	Listing removed	$649,900$187/sqft
Source: StateWide MLS RI #1393024 Report a problem
9/23/2025	Price change	$649,900-7.1%$187/sqft
Source: StateWide MLS RI #1393024 Report a problem
8/20/2025	Listed for sale	$699,900$201/sqft
Source: StateWide MLS RI #1393024 Report a problem