423 Atwells Avenue, Providence, RI 02909 - Photo 1

1/1

$695,000

Sold
Closed
Multi-Family
3 Units
5 Total Beds
0.0517 Acres

1/1

Property Description

Incredible opportunity to own a three-unit mixed-use property in the heart of the historic Federal Hill neighborhood. First floor is a salon that's been established in business for over twelve years. The second and third floors are bright, charming two-bedroom plus office or walk-in closet and one bathroom apartments. They both feature sun-filled living rooms and original details such as hardwood floors. They each offer eat-in-kitchens and a galley area. The third floor unit also has a newly renovated bathroom. This property also has two brand new boilers and a new hvac system as well as new exterior siding. Excellent rental income and cap rate with all three floors having third party leases. Property is mixed-used and ineligible for FHA-financing. Great, accessible location near downtown Providence and steps from award-winning restaurants, cafes, and recreation.

Full Property Details

Full Property Details for 423 Atwells Ave

General

Sold For: $695,000
Taxes: $13,100 (2023)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1342104
Added to Site: 957 day(s) ago

Interior

Number of Rooms: 17
Appliances: Gas Water Heater
Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 3
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: Common Area

Additional Information

Tennis: Yes

Parking

Parking Features: No Garage

Location

County: Providence
Subdivision: Federal Hill
Near Highway: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Ductless
Heating Type: Baseboard, Gas, Zoned

Utilities

Sewer: Connected, Public Sewer
Water: Connected
Utility Description: Sewer Connected

Structural Information

# Buildings: 1
Detached/Attached: Detached
Construction: Drywall, Plaster, Vinyl Siding
Basement: Yes
Basement Desc.: Full, Interior Entry, Unfinished
Windows: Storm Window(s)
Stories/Levels: 3
Building Size: 3636
Finished Total: 3,636 Sq. Ft.
Finished Above Grnd: 3,636 Sq. Ft.
Year Built: 1930

Lot Features

Lot Size (Acres): 0.0517
Lot Size (Sq. Ft.): 2,250
Lot Size: 2250

Green Features

Location: Public Transportation, Walkability

Financial Considerations

Operating Expenses: $10,000
Tax Amount: $13,100
Tax Year: 2023

Disclosures and Reports

Property ID: 423ATWELLSAVPROV
Lot Number: 591

Listed by Keller Williams Leading Edge
Sold by Residential Properties Ltd.

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Schools

Schools serving 423 Atwells Ave

School District:Providence School District

Name	Grades	Distance
Asa Messer Elementary School 1655 Westminster Street, Providence, RI 02909	K-5	0.6 mi
William D'abate Elementary School 60 Kossuth Street, Providence, RI 02909	K-5	0.8 mi
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908	K-5	0.9 mi
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908	6-8	0.7 mi
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907	6-8	1.4 mi
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904	6-8	1.8 mi
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903	9-12	0.7 mi
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903	9-12	0.8 mi
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908	9-12	1.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 423 Atwells Ave

Date

Details

Price

Change

Source

11/14/2023

Sold

$695,000

-7.33%

MLS

8/18/2023

Listed

$750,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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423 Atwells Avenue, Providence, RI 02909 (MLS# 1342104) is a Multi-Family property that was sold at $695,000 on November 14, 2023. Want to learn more about 423 Atwells Avenue? 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.

423 Atwells Ave Providence, RI 02909