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122 Hope Street Providence

$1,880,000
8 5.1 7,140 sq ft

The Property

“Rich folks live on Power, but most of us live off Hope” ~ excerpted from the iconic cartoon designed by John Peck (1978).

Located at the corner of Power and Hope Streets, this signature 6-unit Victorian Mansard home is available for the first time in almost 50 years. The Underwood-Hale Durfee House ca. 1823 has been beautifully restored and impeccably maintained by its current owner/resident.

Period details abound: multiple stained glass windows, lovely millwork and built-ins, pocket doors and a towering belvedere served by an internal stairway. Roofs have been recently replaced, exterior painted, updated mechanicals, A/C. Carefully landscaped gardens provide a secluded and spacious oasis on an expansive 15,000+ SF lot with 3-car garage plus ample parking. Truly an exceptional opportunity! Please Note: A Conservation Easement protects the open area of the property. Further information is available upon request. (Also: MLS limits data entry to a max of 4 units; the property is a legal 6-unit and currently used as a 5-unit in order to preserve the owner-occupied Homestead Exemption) NOTE: Owner-occupancy in R-1 district allows for short-term rentals yielding a very generous income stream!

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Listing Details

MLS Number

1348177

Lot Size:

0.35 acres

Features

  • Basement: Full
  • Clapboard
  • Patio
  • Porch
  • Storm Door
  • Storm Window
  • Wood
  • Fireplace: Brick,Gas,Gas Insert
  • Heating: Baseboard, Heat Pump, Individual Control, Zoned
  • Heating Fuel: Gas
  • Garage: Detached, Door Opener
  • Laundry
  • Corner
  • Fenced
  • Paved Driveway
  • Sidewalks
  • Sprinklers
  • Type: Apartment
  • Year Built: 1823
  • Water Amenities: Walk To Water

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Listed by Compass

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