Solid Investment property near Providence College with three units and a total of 8 bedrooms and 3 ba throoms.

The first floor unit with 2 bedrooms has been completely renovated with new flooring, paint, appliances and an updated bath. The second and third floor units are identical, with 3 bedrooms and 1 bath each, a large dining room with galley kitchen, large living rooms and a closed in porch. Each has updated bathroms, hardwood floors and bay windows.

The property also has a two car garage with additional rental income possibility, replacement windows, new architectural shingle roof (GAF), each unit has a new Viessmann on demand heating and hot water system. Tenants on 2 and 3 are mo to mo with lower than average rents. Currently a 7.5-8% cap, with market rents would be higher. This is also an ideal opportunity for an owner occupant, to live free from a mortgage payment while building equity.

Request Information
on 58 Veazie St
in Providence, RI
Presented by Robert Rutley at
Mott & Chace Sotheby's Intl.


Property MLS #1356660 from StateWide

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 8

+ Other Rooms

Total Rooms: 17
Basement Features: Bathroom, Bedroom(s), Family Room, Kitchen, Laundry, Living Room, Utility
Basement Description: Full, Partially Finished, Access: Interior Only

+ Bathrooms

Total Bathrooms: 3.00
Full Bathrooms: 3

+ Interior Features

Stairs

+ Heating and Cooling

Cooling Features: Individual Unit
Heating Features: Baseboard, Forced Water
Heating Fuel: Gas
Water Heaters: Gas, Tenant Pays

+ Land Info

Lot Description: Paved Lot
Lot Size Acres: 0.08
Lot Size Square Feet: 3485

+ Garage and Parking

Garage Spaces: 2
Garage Description: Detached
Parking Total: 8

+ Multi-Unit Info

Number of Units: 3

+ Other Property Info

Annual Tax Amount: 4810.0000
Source Listing Status: Pending
County: Providence
Tax Year: 2023
Source Property Type: 2-4 Units Multi Family
Inclusions: Third floor tenant owns the washer and dryer in the basement.
Source Neighborhood: Providence College / Wanskuck
Postal Code Plus 4: 2400
Zoning: R2
Property Subtype: Apartment
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$277,800 + $71,700 $349,500	$6,221
2021	$163,000 + $39,500 $202,500	$4,973
2020	$163,000 + $39,500 $202,500	$4,973
2019	$163,000 + $39,500 $202,500	$4,973
2018	$109,600 + $38,600 $148,200	$4,736
2017	$109,600 + $38,600 $148,200	$4,736
2016	$109,600 + $38,600 $148,200	$4,736
2015	$83,100 + $44,200 $127,300	$4,214
2013	$83,100 + $44,200 $127,300	$4,296
2006	$150,600 + $24,900 $175,500	$5,305

+ Reveal Property Sale History

Listed 2024-04-18
$549,900
StateWide

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Sold 2016-11-18
$147,000
StateWide

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Price Changed 2016-08-24
$169,000
StateWide

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Listed 2016-07-25
$189,000
StateWide

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Sold 2014-10-30
$120,000
StateWide

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Listing removed 2014-07-08
$124,900
StateWide

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Listed 2014-04-16
$124,900
StateWide

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Price Changed 2014-03-10
$124,900
StateWide

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Listed 2014-02-06
$129,900
StateWide

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Sold 2009-05-05
$85,000
Public Record

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Listing removed 2009-03-20
$129,900
StateWide

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Listing removed 2009-02-22
$129,900
StateWide

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Listed 2009-02-18
$129,900
StateWide

+ Building and Construction

Total Square Feet Living: 3100
Year Built: 1930
Building Exterior Type: Aluminum Siding, Brick
Property Age: 94
Levels or Stories: 3
Total Above Grade Sqft Area: 3720
Walls: Dry Wall

+ Utilities

Electric: 100 Amps
Sewer: Connected, Municipal
Water Source: Connected, Municipal

+ Home Features

Other Equipment: Oven/Range, Refrigerator

+ Display Complete School Details

West Broadway Middle School is a public elementary and middle school located approximately 2.1 miles away.
Map directions

E-Cubed Academy is a public high school located approximately 0.5 miles away.
Map directions

St Pius V School is a private elementary and middle school located approximately 0.5 miles away.
Map directions