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Sold for $362,000
    • $362,000

    87 What Cheer Ave, Providence, RI 02909

    4beds
    1,390sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $450,800 Zestimate®
    $260/sqft
    $1,697 Estimated rent

    Home value

    $450,800

    $415,000 - $491,000

    $1,697/mo

    Zestimate® history
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    What's special

    *BACK ON MARKET DUE TO BUYER LOSING FINANCING* Welcome to 87 What Cheer Avenue! This well-maintained two-family home consists of two flat-style apartments, one above the other. Each unit is a 2-bed, 1-bath unit that has been well maintained. Off-street parking for up to 3 vehicles and a great little yard. Both units are rented for a possible turnkey investment! Rents are currently below market value. The first floor & second floor are both currently month-to-month, with the 1st floor scheduled to be vacant by December 1st. This property could be a great owner-occupied property, and take advantage of Providence's 40% homestead tax incentive! Book your private tour TODAY! (Property has already passed FHA Appraisal and appraised at $362,000)

    Zillow last checked:

    Listing updated:

    Listed by:

    Herson Martinez 401-919-7002,

    RISE REC

    Bought with:

    Joao Veiga, RES.0047546

    HomeSmart Professionals

    Source: StateWide MLS RI,MLS#: 1351638MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Shower Stall
    Heating
    • Natural Gas, Baseboard
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Dryer, Washer
    • Laundry: In Building
    Features
    • Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Laminate
    • Basement: Full,Interior and Exterior,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,208
    • Total interior livable area: 1,390 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: No Garage
    Features
    • Stories: 2
    • Patio & porch: Porch
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: PROVM109L272
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Plaster, Aluminum Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Recreational Facilities, Restaurants, Schools
    HOA
    • Has HOA: No
    Location
    • Region: Providence

    Financial & listing details

    • Price per square foot: $260/sqft
    • Tax assessed value: $376,800
    • Annual tax amount: $6,545
    • Date on market: 9/26/2024
    • Inclusions: ** Property has already passed FHA Appraisal and appraised at $362, 000** 2nd Floor Tenant in month to month / 1st Floor Vacant
    • Total actual rent: 1200
    • Tenant pays: Heat

    Price history

    DateEventPrice
    10/6/2026Listing removed$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    8/15/2026Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    4/30/2026Listing removed$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    4/8/2026Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    4/1/2024Sold$362,000$260/sqft
    Source: StateWide MLS RI #1351638 Report a problem
    2/8/2024Pending sale$362,000$260/sqft
    Source: StateWide MLS RI #1351638 Report a problem
    1/25/2024Listed for sale$362,000$260/sqft
    Source: StateWide MLS RI #1351638 Report a problem
    1/22/2024Listing removed--
    Source: StateWide MLS RI #1342971 Report a problem
    12/15/2023Price change$362,000+6.5%$260/sqft
    Source: StateWide MLS RI #1342971 Report a problem
    11/14/2023Pending sale$340,000$245/sqft
    Source: StateWide MLS RI #1342971 Report a problem
    11/1/2023Listed for sale$340,000$245/sqft
    Source: StateWide MLS RI #1342971 Report a problem
    9/12/2023Pending sale$340,000$245/sqft
    Source: StateWide MLS RI #1342971 Report a problem
    8/31/2023Listed for sale$340,000+26.9%$245/sqft
    Source: StateWide MLS RI #1342971 Report a problem
    6/11/2021Sold$268,000+11.7%$193/sqft
    Source: StateWide MLS RI #1281082 Report a problem
    2/27/2021Listed for sale$239,900+37.1%$173/sqft
    Source: Keller Williams Realty Leading Edge #1276251 Report a problem
    10/31/2018Sold$175,000-2.7%$126/sqft
    Source: Public Record Report a problem
    7/27/2018Pending sale$179,900$129/sqft
    Source: Keller Williams Realty Leading Edge #1196373 Report a problem
    7/25/2018Price change$179,900-2.8%$129/sqft
    Source: Keller Williams Realty Leading Edge #1196373 Report a problem
    6/27/2018Listed for sale$185,000+4767.1%$133/sqft
    Source: Keller Williams Realty Leading #1196373 Report a problem
    3/6/2018Sold$3,801+2.2%$3/sqft
    Source: Public Record Report a problem
    6/1/2017Sold$3,719-33.8%$3/sqft
    Source: Public Record Report a problem
    6/10/2016Sold$5,617-91.7%$4/sqft
    Source: Public Record Report a problem
    3/13/1998Sold$68,000+112.5%$49/sqft
    Source: Public Record Report a problem
    11/19/1997Sold$32,000$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,845 -41.8%$376,800 +41.4%
    2024$4,890 +3.1%$266,500
    2023$4,744 $266,500
    2022$4,744 +11.1%$266,500 +53.3%
    2021$4,269 +66.7%$173,800
    2020$2,561 -40%$173,800
    2019$4,269 +60.3%$173,800 +108.6%
    2018$2,662 +0%$83,300
    2017$2,662 $83,300
    2016$2,662 +5.6%$83,300 +9.3%
    2015$2,522 -1.9%$76,200
    2013$2,572 -19.5%$76,200 -24%
    2012$3,195 $100,200
    2011$3,195 +5%$100,200
    2010$3,044 -34.2%$100,200 -47.6%
    2009$4,629 +6%$191,200
    2007$4,367 +20.6%$191,200 +59.6%
    2006$3,622 $119,800
    2005$3,622 $119,800
    Find assessor info on the county website

    Neighborhood: Silverlake

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    Estimated market value
    $450,800
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    Estimated market value
    $450,800

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