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Sold for $416,000
    • $416,000

    78-80 Lowell Ave, Providence, RI 02909

    5beds
    1,700sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $552,800 Zestimate®
    $245/sqft
    $2,146 Estimated rent

    Home value

    $552,800

    $525,000 - $586,000

    $2,146/mo

    Zestimate® history
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    What's special

    Small yardArchitectural roofLarge closetsGalley kitchenVinyl sidingHot water tanksHardwood flooring
    This is the multi-family property you have been waiting for! Value Add is the theme here. This Legal 2 family located in Providence's Silver Lake area is a must see. It features a 1st floor with 2 to 3 bedrooms, hardwood flooring, full bathroom, galley kitchen and is around 950 sqft with super low utility bills. The 2nd floor is also 2 to 3 beds with large closets, hardwoods and is approx. 850 sqft. The basement is fully finished 700 sqft. newly updated and set up as in-law with 2 offices, full bath, living room and kitchenette. Making the whole house 6 to 8 beds with 3 baths. Laundry on premise, 2 car garage, small yard, parking for 6, walkability is excellent, Gas heating systems are 8 years old, Hot water tanks 3 years old, Vinyl siding, Architectural roof 1 year old, Leased Solar panels for incredibly low utility bills. This is perfect for the investor looking to build instant appreciation and create a nice cash flowing property or the owner occupant looking for a low overhead situation. This property will not go FHA/VA financing and needs some TLC but with a little updating you will have one of the best in the area. Don't miss out on this one. Being sold As-Is with no implied warranties. Seller reserves right to accept an offer at any time.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Sepulveda 401-457-8383,

    Realty One Group Executives

    Bought with:

    The Limitless Group

    Keller Williams Coastal

    Source: StateWide MLS RI,MLS#: 1341115MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Baseboard
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
    • Laundry: Common Area
    Features
    • Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood, Laminate
    • Basement: Full,Interior Entry,Finished,Bath/Stubbed,Bedroom(s),Family Room,Living Room
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,634
    • Total interior livable area: 1,700 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Stories: 2
    • Fencing: Fenced
    Lot
    • Size: 4,299 Square Feet
    Details
    • Additional structures: Outbuilding
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Paneled, Plaster, Vinyl Siding
    • Foundation: Mixed
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Schools, Near Shopping
    • Subdivision: Silverlake
    HOA
    • Has HOA: No
    Location
    • Region: Providence

    Financial & listing details

    • Price per square foot: $245/sqft
    • Annual tax amount: $4,945
    • Date on market: 9/26/2024
    • Inclusions: Solar lease to convey to purchaser.
    • Total actual rent: 1000
    • Tenant pays: Heat

    Price history

    DateEventPrice
    10/3/2023Sold$416,000+9.8%$245/sqft
    Source: StateWide MLS RI #1341115 Report a problem
    8/25/2023Pending sale$379,000$223/sqft
    Source: StateWide MLS RI #1341115 Report a problem
    8/22/2023Listed for sale$379,000$223/sqft
    Source: StateWide MLS RI #1341115 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Silverlake

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    Estimated market value
    $552,800
    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
    $552,800

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