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$690,000
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Property Description
NEW PRICE. MOTIVATED SELLERS. DON'T MISS THIS GREAT INVESTMENT OPPORTUNITY. Fully renovated 3-family house with high income and excellent rental history. Nestled in the historic Federal Hill neighborhood, this investment property is the perfect addition to your Rhode Island portfolio or turn key opportunity to enter the market. Brand new Navian Boilers/hot water heaters. floors, appliances, cabinetry, bathrooms, tandem off-street parking and more. Tenants with leases at Market rents. Don't miss this chance to own a bit of Providence's bustling West Side.
Full Property Details
Full Property Details for 107 Penn St
General
- Price: $690,000
- Taxes: $7,529 (2024)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1370699
- Updated: 12/18/2024
- Added to Site: 64 day(s) ago
Interior
- Number of Rooms: 15
- Appliances: Gas Water Heater
- Flooring: Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Parking
- Total Spaces: 1
- Parking Features: No Garage
Location
- County: Providence
- Subdivision: Federal Hill
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless, Window Unit(s)
- Heating Type: Baseboard, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Drywall, Aluminum Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 3834
- Finished Total: 3,834 Sq. Ft.
- Finished Above Grnd: 3,834 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size: 3049
Financial Considerations
- Operating Expenses: $3,000
- Tax Amount: $7,529
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Affordable Housing Subsidy
- Property ID: 107PENNSTPROV
- Lot Number: 188
Listed by Mott & Chace Sotheby's Intl.
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Schools
Schools serving 107 Penn St
School District:Providence Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1655 Westminster St, Providence, RI 02909 | PK-4 | 0.4 mi | |
99 Kenyon St, Providence, RI 02903 | K-5 | 0.4 mi | |
60 Kossuth St, Providence, RI 02909 | K-5 | 0.7 mi | |
721 Chalkstone Ave, Providence, RI 02908 | 6-8 | 0.9 mi | |
Gilbert Stuart Middle School
188 Princeton Ave, Providence, RI 02907 | 6-8 | 1.2 mi | |
152 Springfield St, Providence, RI 02909 | 6-8 | 1.7 mi | |
70 Fricker St, Providence, RI 02903 | 9-12 | 0.7 mi | |
770 Westminster St, Providence, RI 02903 | 9-12 | 0.7 mi | |
41 Fricker St, Providence, RI 02903 | 9-12 | 0.7 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 107 Penn St
Date
Details
Price
Change
Source
12/05/2024
Price Reduced
$690,000
-7.88%
MLS
11/05/2024
Price Reduced
$749,000
-3.35%
MLS
10/23/2024
Listed
$775,000
121.43%
MLS
8/03/2022
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 107 Penn St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,529
3%
$410,300
—
2022
$7,303
20%
$410,300
65%
2021
$6,108
94%
$248,700
—
2019
$3,155
-33%
$248,700
69%
2018
$4,705
—
$147,200
—
2017
$4,705
—
$147,200
—
2016
$4,705
8%
$147,200
12%
2015
$4,359
-2%
$131,700
—
2014
$4,445
—
$131,700
—
2013
$4,445
—
$131,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 107 Penn St
107 Penn Street, Providence, RI 02909 (MLS# 1370699) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 107 Penn Street is currently listed for $690,000 and was received on October 23, 2024. Want to learn more about 107 Penn Street? Do you have questions about finding other Multi-Family real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.