74 Sutton Street Providence

$719,000
8 3 3,420 sq ft

The Property

This classic Federal Hill gem dating back to the 1850s has been carefully maintained and modernized. Located between Atwells Ave & Broadway, this 3-unit property offers spacious interiors, with the first floor set up as a 2-bedroom, 1-bath unit, floors two and three are both 3-bedroom, 1-bath units. All separate utilities, a newer roof(2023), vinyl siding, and replacement windows, plus a 3 bay garage add to the property’s worry free ownership. An ideal acquisition for a savvy investor in one of the city’s prime rental markets due to the areas walkability to many cafes, shops, eateries, and proximity to Downtown Providence.

The property is currently fully occupied, with a mix of leases and month-to-month tenancies creating a possibility for an owner occupant to live in one of the units while benefitting from two market rents to subsidize a majority of their mortgage payment! *owner-occupied taxes = $5,606*

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Listing Details

MLS Number

1412478

Lot Size:

0.09 acres

Features

  • Basement: Full, Interior Only, Unfinished, Utility
  • Interstate
  • Recreational Facilities
  • Restaurants
  • Shopping
  • Heating: Natural Gas, Baseboard
  • Heating Fuel: Natural Gas, Baseboard
  • Garage: 1
  • Laundry
  • Fenced
  • Paved Driveway
  • Year Built: 1850

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Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today292-92.4% decrease in inventory
    New on Market *2131.4% increase in new listings
    Avg. Asking Price/Sq.Ft. *$339.03$2 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$773,430$121,563 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.89%-7.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$342.45$18 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *675 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Residential Properties Ltd.

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