Iconic mixed use-property in the heart of DePasquale Plaza available for the first time in over 25 years (blue building in photos). 4 total units consisting of a well established restaurant with long term tenant in place $6,000 mo as well as 50% of tax, water and sewer bill. There are 3 additional three bedroom, one bathroom apartments. Apartments are fully furnished, rented monthly with long term tenants and have forced hot air and central AC, and washer/dryer in each unit making them ideal Air B and B properties. Young 7 year old roof. This building currently brings in over $14,000 per month! See MLS 1361408 for info on adjacent building's listing (green building). Properties do not need to be purchased together.
Sold for $1,400,000
$1,400,000
57 De Pasquale Ave, Providence, RI 02903
9beds
5,754sqft
Multi Family
Built in 1900
-- sqft lot
$1,476,900 Zestimate®
$243/sqft
$3,254 Estimated rent
Home value
$1,476,900
$1.30M - $1.67M
$3,254/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lindsay Pettinelli 401-439-0582,
Churchill & Banks Co., LLC
Bought with:
Lindsay Pettinelli, RES.0043494
Churchill & Banks Co., LLC
Source: StateWide MLS RI,MLS#: 1361351
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Shower Stall
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Dry Wall), Skylight, Plumbing (Mixed), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood, Vinyl
- Windows: Skylight(s)
- Basement: Full,Bulkhead,Unfinished,Storage Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,810
- Total interior livable area: 5,754 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 4
Lot
- Size: 2,369 Square Feet
Details
- Foundation area: 2100
- Parcel number: PROVM28L423
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Other Siding
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, 400 Amps, Circuit Breakers
- 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
- Subdivision: Federal Hill / Depasquale Plaza
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $243/sqft
- Tax assessed value: $1,392,800
- Annual tax amount: $30,817
- Date on market: 9/26/2024
- Inclusions: 1st floor pays 1/2 of annual water, sewer, tax bill. Landlord covers wifi, gas and electric for all units. Leases are mo to mo and terms can change
- Total actual rent: 13795
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $1,400,000-22.2%$243/sqft |
Source:  StateWide MLS RI #1361351 Report a problem | ||
| 12/16/2024 | Pending sale | $1,800,000$313/sqft |
Source: StateWide MLS RI #1361351 Report a problem | ||
| 10/4/2024 | Contingent | $1,800,000$313/sqft |
Source: StateWide MLS RI #1361351 Report a problem | ||
| 6/11/2024 | Listed for sale | $1,800,000+344.4%$313/sqft |
Source: StateWide MLS RI #1361351 Report a problem | ||
| 4/15/2015 | Listing removed | $1,200 |
Source: RentingRI.com Report a problem | ||
| 11/12/2014 | Listed for rent | $1,200 |
Source: RentingRI.com Report a problem | ||
| 2/28/2000 | Sold | $405,000+189.3%$70/sqft |
Source: Public Record Report a problem | ||
| 12/9/1988 | Sold | $140,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,335 | $1,392,800 +58.6% |
| 2024 | -- | $878,000 |
| 2023 | -- | $878,000 |
| 2022 | -- | $878,000 +51.5% |
| 2021 | -- | $579,700 |
| 2020 | $21,275 | $579,700 |
| 2019 | $21,275 | $579,700 +5.3% |
| 2018 | -- | $550,600 |
| 2017 | -- | $550,600 |
| 2016 | -- | $550,600 +3.8% |
| 2015 | -- | $530,600 -23.2% |
| 2011 | -- | $690,700 |
| 2010 | -- | $690,700 +4.5% |
| 2009 | -- | $660,700 |
| 2007 | $15,090 | $660,700 +70.9% |
| 2006 | -- | $386,700 |
| 2005 | -- | $386,700 |
Find assessor info on the county website
Neighborhood: Federal Hill
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Nearby schools
GreatSchools rating
- 4/10Asa Messer Elementary SchoolGrades: PK-4Distance: 0.7 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Central High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$1,476,900
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Estimated market value
$1,476,900
- Rhode Island
- Providence County
- Providence
- 02903
- Federal Hill
- 57 De Pasquale Ave
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