331 Newman Avenue East Providence

$659,000
6 3 3,650 sq ft

The Property

Exceptional Investment or Owner-Occupied Opportunity located in the highly sought-after Rumford neighborhood of East Providence

Discover the potential of this spacious two-family home in the prime location of Rumford, just steps from Central Pond Reservoir. Each unit offers generous living space with an eat-in kitchen, dining room, three bedrooms, and two baths along with a third level, whether for expansion or storage. Perfect for generating reliable rental income or accommodating multi-generational living.

Each unit features hardwood flooring and a full basement provides valuable storage.

Enjoy the convenience of off-street parking with two separate driveways. With its ideal layout, strong rental potential, and move-in-ready condition, this property presents a rare opportunity for investors or owner-occupants.

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Listing Details

MLS Number

1398866

Lot Size:

0.28 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Storage Space, Utility
  • Bus
  • Highway Access
  • Hospital
  • Interstate
  • Public School
  • Restaurants
  • Schools
  • Shopping
  • Heating: Natural Gas, Steam
  • Heating Fuel: Natural Gas, Steam
  • Laundry
  • Out Building
  • Paved Driveway
  • Sidewalks
  • Wooded
  • Year Built: 1880

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Market Trends for Single Family Homes
in East Providence

  • Overview
    Homes for Sale Today72-93.9% decrease in inventory
    New on Market *32-43.9% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$360.65$30 increase in List Price/Sq.Ft.
    Avg. Sale Price *$490,600$10,250 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.60%-1.2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$331.88$13 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5527 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 Coldwell Banker Realty

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