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57 Depasquale Avenue Providence

$1,800,000
9 3 5,810 sq ft

The Property

Iconic mixed use-property in the heart of DePasquale Plaza available for the first time in over 25 years (blue building in photos). 4 total units consisting of a well established restaurant with long term tenant in place $6,000 mo as well as 50% of tax, water and sewer bill. There are 3 additional three bedroom, one bathroom apartments. Apartments are fully furnished, rented monthly with long term tenants and have forced hot air and central AC, and washer/dryer in each unit making them ideal Air B and B properties.

Young 7 year old roof. This building currently brings in over $14,000 per month! See MLS 1361408 for info on adjacent building’s listing (green building). Properties do not need to be purchased together.

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Listing Details

MLS Number

1361351

Lot Size:

0.05 acres

Features

  • Basement: Full
  • Other Siding
  • Heating: Forced Air
  • Heating Fuel: Gas
  • Laundry
  • Type: Up/Down
  • Year Built: 1900

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 Churchill & Banks Co., LLC

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