Solid Investment property near Providence College with three units and a total of 8 bedrooms and 3 bathrooms. The first floor unit with 2 bedrooms has been completely renovated with new flooring, paint, appliances, and an updated bath. The second and third floor units are identical, with 3 bedrooms and 1 bath each, a large dining room with galley kitchen, large living rooms, and a closed in porch. Each has updated bathrooms, hardwood floors, and bay windows. The property also has a two car garage with additional rental income possibility, replacement windows, new architectural shingle roof (GAF), each unit has a new Viessmann on demand heating and hot water system. Tenants on 2 & 3 are mo to mo with lower than average rents. Currently a 7.5-8% cap, with market rents would be higher. This is also an ideal opportunity for an owner occupant, to live free from a mortgage payment while building equity.
Sold for $585,000
$585,000
58 Veazie St, Providence, RI 02908
8beds
3,100sqft
Multi Family
Built in 1930
-- sqft lot
$717,600 Zestimate®
$189/sqft
$2,070 Estimated rent
Home value
$717,600
$682,000 - $753,000
$2,070/mo
Zestimate® history
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$3,014/mo
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List your homeWhat's special
Updated bathUpdated bathroomsClosed in porchReplacement windowsLarge dining roomHardwood floorsBay windows
Zillow last checked:
Listing updated:
Listed by:
Robert Rutley 401-601-0446,
Mott & Chace Sotheby's Intl.
Bought with:
Robert Rutley, REB.0019597
Mott & Chace Sotheby's Intl.
Source: StateWide MLS RI,MLS#: 1356660
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- Individual Unit
Appliances
- Included: Gas Water Heater, Oven/Range, Refrigerator
- Laundry: In Building
Features
- Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Ceramic Tile, Hardwood, Laminate
- Basement: Full,Interior Entry,Partially Finished,Bath/Stubbed,Bedroom(s),Family Room,Kitchen,Laundry,Living Room,Utility
- Has fireplace: No
Interior area
- Total structure area: 3,720
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 8
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 3
Lot
- Size: 3,484 Square Feet
- Features: Paved
Details
- Foundation area: 1240
- Parcel number: PROVM123L492
- Zoning: R2
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Aluminum Siding, Brick
- Foundation: Brick/Mortar, Mixed
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Private School, Recreational Facilities, Restaurants
- Subdivision: Providence College / Wanskuck
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $551,100
- Annual tax amount: $4,810
- Date on market: 9/26/2024
- Inclusions: Third floor tenant owns the washer and dryer in the basement.
- Total actual rent: 4550
- Tenant pays: Hot Water, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2024 | Sold | $585,000+6.4%$189/sqft |
Source:  StateWide MLS RI #1356660 Report a problem | ||
| 5/13/2024 | Pending sale | $549,900$177/sqft |
Source: StateWide MLS RI #1356660 Report a problem | ||
| 4/25/2024 | Contingent | $549,900$177/sqft |
Source: StateWide MLS RI #1356660 Report a problem | ||
| 4/18/2024 | Listed for sale | $549,900+274.1%$177/sqft |
Source: StateWide MLS RI #1356660 Report a problem | ||
| 11/18/2016 | Sold | $147,000-13%$47/sqft |
Source: StateWide MLS RI #1132455 Report a problem | ||
| 8/24/2016 | Price change | $169,000-10.6%$55/sqft |
Source: Lenox Realty Group #1132455 Report a problem | ||
| 7/25/2016 | Listed for sale | $189,000+57.5%$61/sqft |
Source: Lenox Realty Group #1132455 Report a problem | ||
| 10/30/2014 | Sold | $120,000-3.9%$39/sqft |
Source: Public Record Report a problem | ||
| 3/11/2014 | Price change | $124,900-3.8%$40/sqft |
Source: EXIT Realty Pinnacle #1065116 Report a problem | ||
| 2/7/2014 | Listed for sale | $129,900+52.8%$42/sqft |
Source: EXIT Realty Pinnacle #1065116 Report a problem | ||
| 9/30/2011 | Listing removed | $750 |
Source: Keller Williams Report a problem | ||
| 9/3/2011 | Listed for rent | $750 |
Source: Keller Williams Report a problem | ||
| 6/22/2011 | Listing removed | $750 |
Source: Keller Williams Report a problem | ||
| 6/3/2011 | Listed for rent | $750 |
Source: Keller Williams Report a problem | ||
| 5/5/2009 | Sold | $85,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,161 -35.1% | $551,100 +57.7% |
| 2024 | $6,413 +3.1% | $349,500 |
| 2023 | $6,221 | $349,500 |
| 2022 | $6,221 +25.1% | $349,500 +72.6% |
| 2021 | $4,973 0% | $202,500 |
| 2020 | $4,973 | $202,500 |
| 2019 | $4,973 +5% | $202,500 +36.6% |
| 2018 | $4,736 +0% | $148,200 |
| 2017 | $4,736 | $148,200 |
| 2016 | $4,736 +12.4% | $148,200 +16.4% |
| 2015 | $4,214 -1.9% | $127,300 |
| 2013 | $4,296 -29.9% | $127,300 -33.8% |
| 2012 | $6,132 | $192,300 |
| 2011 | $6,132 +5% | $192,300 |
| 2010 | $5,842 -17.4% | $192,300 -34.2% |
| 2009 | $7,072 +6% | $292,100 |
| 2007 | $6,672 +25.8% | $292,100 +66.4% |
| 2006 | $5,305 | $175,500 |
| 2005 | $5,305 | $175,500 |
Find assessor info on the county website
Neighborhood: Wanskuck
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Nearby schools
GreatSchools rating
- 3/10Veazie Street SchoolGrades: PK-5Distance: 0.3 mi
- 2/10Esek Hopkins Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Mount Pleasant High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$717,600
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Estimated market value
$717,600
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