594 - 596 Hope Street Providence

$1,050,000
7 3 5,279 sq ft

The Property

Come see this amazing investing opportunity. This property presents a unique opportunity to acquire a home in the heart of Providence’s highly desirable East Side and add value with some work and thoughtful improvements. The property offers an exceptional combination of location, neighborhood appeal, and rental potential in one of Providence’s most established and sought-after residential areas. The East Side is celebrated for its charming tree-lined streets, historic architecture, walkable neighborhoods, vibrant café and restaurant scene, independent shops, beautiful parks, and strong sense of community.

Just minutes from Brown University, RISD, Waterplace Park, downtown Providence, and the city’s museums and cultural attractions, it is also conveniently located near Wayland Square, Blackstone Boulevard, Hope Village, and an impressive selection of cafés, restaurants, markets, and local businesses. The area’s proximity to major universities, downtown employment centers, medical and educational institutions, and everyday amenities contributes to consistent demand for housing and makes the East Side a highly desirable location for renters. With its prime location, below-assessed-value pricing, and potential for improvement, this property offers investors the opportunity to renovate, enhance its appeal, and capitalize on the long-term rental potential of one of Providence’s most established and desirable neighborhoods.

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Listing Details

MLS Number

1423839

Lot Size:

0.11 acres

Features

  • Basement: Full, Interior Only, Unfinished, Utility
  • Bus
  • Highway Access
  • Hospital
  • Interstate
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Porch
  • Screened Pch/Patio/Dck/Brzwy
  • Fireplace: Brick
  • Heating: Natural Gas, Oil, Baseboard
  • Heating Fuel: Natural Gas, Oil, Baseboard
  • Garage: 1
  • Laundry
  • Year Built: 1910

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Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today404-90.6% decrease in inventory
    New on Market *24741.1% increase in new listings
    Avg. Asking Price/Sq.Ft. *$343.69$2 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$622,225$82,400 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.63%0.6% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$308.83$41 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *742 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.

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