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122 Hope Street, Providence, RI 02906
$1,880,000
122 Hope Street, Providence, RI 02906View this property at 122 Hope Street, Providence, RI 02906
122 Hope StreetProvidenceRI02906
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Property Description
"Rich folks live on Power, but most of us live off Hope" ~ excerpted from the iconic cartoon designed by John Peck (1978). Located at the corner of Power and Hope Streets, this signature 6-unit Victorian Mansard home is available for the first time in almost 50 years. The Underwood-Hale Durfee House ca. 1823 has been beautifully restored and impeccably maintained by its current owner/resident. Period details abound: multiple stained glass windows, lovely millwork and built-ins, pocket doors and a towering belvedere served by an internal stairway. Roofs have been recently replaced, exterior painted, updated mechanicals, A/C. Carefully landscaped gardens provide a secluded and spacious oasis on an expansive 15,000+ SF lot with 3-car garage plus ample parking. Truly an exceptional opportunity! Please Note: A Conservation Easement protects the open area of the property. Further information is available upon request. (Also: MLS limits data entry to a max of 4 units; the property is a legal 6-unit and currently used as a 5-unit in order to preserve the owner-occupied Homestead Exemption) NOTE: Owner-occupancy in R-1 district allows for short-term rentals yielding a very generous income stream!
Full Property Details
Full Property Details for 122 Hope St
General
- Sold For: $1,880,000
- Taxes: $15,007 (2023)
- Status: Closed
- Type: Apartment
- MLS ID: 1348177
- Added to Site: 205 day(s) ago
Interior
- Number of Rooms: 17
- Interior Features: Attic, Permanent Attic Stairs, Tub Shower, Furnished
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Insert, Gas, Masonry
- Appliances: Common Water Heater, Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area, In Unit
Additional Information
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Porch, Patio, Sprinkler/Irrigation, Paved Driveway
- Porch/Patio/Deck: Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Total Spaces: 10
- Parking Features: Detached, Garage, Garage Door Opener
Location
- County: Providence
- Subdivision: Fox Point
- Near Highway: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Ductless
- Heating Type: Baseboard, Gas, Heat Pump, Individual, Zoned
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Clapboard, Wood Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Partially Finished
- Windows: Storm Window(s)
- Doors: Storm Door(s)
- Stories/Levels: 3
- Building Size: 7140
- Finished Total: 7,140 Sq. Ft.
- Finished Above Grnd: 7,140 Sq. Ft.
- Year Built: 1823
Lot Features
- Lot Size (Acres): 0.3531
- Lot Size (Sq. Ft.): 15,381
- Lot Size: 15381
- Sidewalks: Yes
- Lot Features: Corner Lot, Sprinkler System
- Fencing (Description): Fenced
Water Features
- Water Front Desc.: Walk to Water
Green Features
- Location: Public Transportation, Walkability
Financial Considerations
- Operating Expenses: $25,000
- Tax Amount: $15,007
- Tax Year: 2023
- Owner Pays: Hot Water
Disclosures and Reports
- Compensation Comments: Commission based on FINAL sale price NET of Seller-paid closing costs, points, pre-paids and prorations paid on Buyer's behalf.
- Inclusions: Hot water supply for all units is paid by Owner 2A: heat, electric and hot water are included in rent (currently vacant) Units G, 2B and 3 are furnished rentals Exclusions: tall mirror w/gold frame, brass drapery rods and drapes (Unit 1) Unit 1 and 2A will be delivered vacant at closing Property has preservation easement to restrict development
- Property ID: 122HOPESTPROV
- Lot Number: 185
Listed and Sold by Compass
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Schools
Schools serving 122 Hope St
School District:Providence Schools
Rating | Name | Grades | Distance |
---|---|---|---|
455 Wickenden St, Providence, RI 02903 | K-5 | 0.3 mi | |
35 Camp St, Providence, RI 02906 | K-5 | 1.1 mi | |
99 Kenyon St, Providence, RI 02903 | K-5 | 1.5 mi | |
101 Sessions St, Providence, RI 02906 | 6-8 | 1.2 mi | |
Roger Williams Middle School
278 Thurbers Ave, Providence, RI 02905 | 6-8 | 1.8 mi | |
721 Chalkstone Ave, Providence, RI 02908 | 6-8 | 1.9 mi | |
324 Hope St, Providence, RI 02906 | 9-12 | 0.8 mi | |
70 Fricker St, Providence, RI 02903 | 9-12 | 1.3 mi | |
770 Westminster St, Providence, RI 02903 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 Hope St
Date
Details
Price
Change
Source
5/29/2024
Sold
$1,880,000
-16.44%
MLS
1/16/2024
Price Reduced
$2,250,000
-10%
MLS
11/15/2023
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
122 Hope Street, Providence, RI 02906 (MLS# 1348177) is a Apartment property that was sold at $1,880,000 on May 29, 2024. Want to learn more about 122 Hope Street? Do you have questions about finding other Apartment real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.