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164 Regent Avenue, Providence, RI 02908
$600,000
164 Regent Avenue, Providence, RI 02908View this property at 164 Regent Avenue, Providence, RI 02908
164 Regent AvenueProvidenceRI02908
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Property Description
Renovated 4-Unit Property Discover a remarkable investment in this beautifully renovated 4-unit property, boasting an array of modern updates and conveniences. Each unit has been thoughtfully updated, reflecting a commitment to quality and comfort, making it an ideal choice for discerning investors. Each unit features new flooring and fresh paint. The renovations extend to the bathrooms and kitchens. The property includes a generous parking area, providing ample space for tenants, a significant advantage in residential rental properties. A huge basement offers practical storage solutions and houses 4 newer gas hot water tanks. This property adheres to safety standards, being lead-safe and fire-coded. Fully rented with long-term tenants, most of whom have called this place home for over 10 years. While the rents are currently set below market rate out of the landlord's choice to maintain long-term tenancies, there is substantial potential to increase rental income, offering an attractive opportunity for revenue growth. This property represents a unique blend of modern living and investment savvy. The combination of prime condition, safety compliance, and stable tenant base makes it an attractive proposition for investors. With the potential to increase rents, this property promises not just immediate returns but also long-term growth prospects. Seize this opportunity to own a turn-key investment property in a desirable location.
Full Property Details
Full Property Details for 164 Regent Ave
General
- Sold For: $600,000
- Taxes: $6,654 (2023)
- Status: Closed
- Type: Apartment
- MLS ID: 1350618
- Added to Site: 132 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Bathtub, Tub Shower, Cable TV
- Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Paved Driveway
Parking
- Total Spaces: 6
- Parking Features: No Garage
Location
- County: Providence
- Subdivision: Mt Pleasant, Mount Pleasant
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric
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.: Full, Interior Entry, Unfinished
- Stories/Levels: 2
- Building Size: 3448
- Finished Total: 3,448 Sq. Ft.
- Finished Above Grnd: 3,448 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size: 3920
Financial Considerations
- Tax Amount: $6,654
- Tax Year: 2023
- Tenant Pays: Hot Water
Disclosures and Reports
- Compensation Comments: 2% to buyer's broker net sale less any credits from seller to buyer.
- Property ID: 164REGENTAVPROV
- Lot Number: 489
Listed by eXp Realty
Sold by eXp Realty
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Schools
Schools serving 164 Regent Ave
School District:Providence Schools
Rating | Name | Grades | Distance |
---|---|---|---|
145 Beaufort St, Providence, RI 02908 | K-5 | 0.5 mi | |
60 Kossuth St, Providence, RI 02909 | K-5 | 0.6 mi | |
99 Kenyon St, Providence, RI 02903 | K-5 | 0.9 mi | |
721 Chalkstone Ave, Providence, RI 02908 | 6-8 | 0.6 mi | |
152 Springfield St, Providence, RI 02909 | 6-8 | 1.5 mi | |
480 Charles St, Providence, RI 02904 | 6-8 | 1.7 mi | |
434 Mount Pleasant Ave, Providence, RI 02908 | 9-12 | 1 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 164 Regent Ave
Date
Details
Price
Change
Source
3/14/2024
Sold
$600,000
-4.75%
MLS
1/09/2024
Listed
$629,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
164 Regent Avenue, Providence, RI 02908 (MLS# 1350618) is a Apartment property that was sold at $600,000 on March 14, 2024. Want to learn more about 164 Regent Avenue? 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.