369 Thayer Street Providence

$1,195,000
6 2 2,614 sq ft

The Property

**Back on market due to Buyer’s 1031 exchange** Discover the timeless allure of 369 Thayer Street, a captivating home built in 1872 by renowned architect George L. Clarke. Nestled in the heart of Providence, this unique property blends historic character with endless possibilities. Exposed brick walls, rustic wooden beams, and soaring skylights create a warm, inviting ambiance, while large, beautiful windows flood the space with natural light.

The property boasts a spacious yard, a rare find in the city, and includes two dedicated parking space. High demand rental near Brown University, leased for $8,575/month. Zero vacancy. NOI of $86,232 for a 7.2 cap rate. Leased 9 months in advance each year

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Listing Details

MLS Number

1415709

Lot Size:

0.10 acres

Features

  • Basement: Partial, Interior Only, Unfinished
  • Fireplace: Gas Insert
  • Heating: Natural Gas, Forced Air
  • Heating Fuel: Natural Gas, Forced Air
  • Local Historic District
  • Year Built: 1872

Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today283-92.7% decrease in inventory
    New on Market *188-6.9% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$344.57$4 increase in List Price/Sq.Ft.
    Avg. Sale Price *$783,999$156,808 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.73%-8.2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$346.83$27 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *672 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?

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

Listed by William Raveis Inspire

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