45 - 47 Carrington Avenue Providence

$1,100,000
9 3 4,144 sq ft

The Property

Ideal for investors or owner occupiers, this massive 4000+sf multifamily with its great rental history and upside potential offers 3 spacious sun splashed units each comprising 3 bedrooms, double parlors, eat-in kitchen, pantry, hardwood floors and large front porch. Internal expansion potential is provided by the huge unfinished attic space and the 2 car garage provides additional off-street parking. The gas and electric utility infrastructure is separated by unit each of which is currently leased through May 2027(2nd and 3rd floors) and August of 2027(1st floor) at below current market rental rates. Centrally located on the East Side of Providence the convenient location provides quick access to College Hill/Thayer St, Hope Village, Downtown and train station as well as multiple shopping, educational and recreational facilities.


Owner occupied property tax is $8466. SF is estimated.

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Listing Details

MLS Number

1421473

Lot Size:

0.08 acres

Features

  • Basement: Full, Interior Only, Unfinished, Laundry, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Natural Gas, Steam
  • Heating Fuel: Natural Gas, Steam
  • Garage: 1
  • Laundry
  • Paved Driveway
  • Sidewalks
  • Year Built: 1930

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Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today357-91.3% decrease in inventory
    New on Market *192-3.5% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$355.56$34 increase in List Price/Sq.Ft.
    Avg. Sale Price *$746,760$82,552 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.29%-0.2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$356.79$13 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *755 increase 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 Patriot Realty, Inc.
Email:
Phone: 401-578-7898

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