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122 - 124 Elmgrove Avenue Providence

$1,290,000
6 4 3,780 sq ft

The Property

Welcome to the East Side of Providence. This stunning, newly renovated 4-Family home is located in the heart of the 02906, and features a lovely backyard area. The property features new olive green vinyl siding, black window accents, forced air, central a/c, new floors, new electric, new plumbing, quartz counters, and stainless steel appliances. Minutes from Brown University, major highways, shopping and restaurants, this property is an incredible investment.

Currently fully rented, grossing $8,300 per month; there is room for growth. Use this as an investment, or occupy a unit and rent out the rest to offset the cost of living. This property is completely turn-key, and features off and on-street parking. First floor unit has in-unit washer and dryer. The second floor units share washer/dryer on second floor. Fourth unit has access to laundry in basement.

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Listing Details

MLS Number

1366345

Lot Size:

0.09 acres

Features

  • Basement: Full
  • Vinyl Siding
  • Fireplace: Brick
  • Heating: Forced Air, Heat Pump
  • Heating Fuel: Gas
  • Laundry
  • Paved Driveway
  • Type: Up/Down
  • Year Built: 1910
  • Water Amenities: Walk to Salt Water

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Market Trends for Multi Family Homes
in Providence

  • Overview
    Homes for Sale Today79-96.5% decrease in inventory
    New on Market *46-23.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$209.69$8 increase in List Price/Sq.Ft.
    Avg. Sale Price *$632,162$16,480 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *102.67%0.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$207.92$16 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *774 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 Smith and Oak Real Estate Co.

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