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58 Veazie Street, Providence, RI 02908
$549,900
58 Veazie Street, Providence, RI 02908View this property at 58 Veazie Street, Providence, RI 02908
58 Veazie StreetProvidenceRI02908
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1/23
Property Description
Solid Investment property near Providence College with three units and a total of 8 bedrooms and 3 bathrooms. 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 bathrooms, 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 & 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.
Full Property Details
Full Property Details for 58 Veazie St
General
- Price: $549,900
- Taxes: $4,810 (2023)
- Status: Active
- Type: Apartment
- MLS ID: 1356660
- Updated: 4/25/2024
- Added to Site: 13 day(s) ago
Interior
- Number of Rooms: 17
- Interior Features: Tub Shower
- Appliances: Gas Water Heater, Oven, Range, Refrigerator
- Flooring: Ceramic Tile, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 8
- Parking Features: Detached, Garage
Location
- County: Providence
- Subdivision: Providence College / Wanskuck
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: 1 Unit
- Heating Type: Baseboard, Gas, Hot Water
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Partially Finished
- Stories/Levels: 3
- Building Size: 3720
- Finished Total: 3,720 Sq. Ft.
- Finished Above Grnd: 3,720 Sq. Ft.
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Size: 3485
- Lot Features: Paved
Financial Considerations
- Operating Expenses: $9,577
- Tax Amount: $4,810
- Tax Year: 2023
- Tenant Pays: Hot Water
Disclosures and Reports
- Compensation Comments: Commission will be based on FINAL sale price NET of the seller paid concessions/credits towards the Buyer(s) closing costs, points, pre-paids or repairs.
- Inclusions: Third floor tenant owns the washer and dryer in the basement.
- Property ID: 58VEAZIESTPROV
- Lot Number: 492
Listed by Mott & Chace Sotheby's Intl.
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Schools
Schools serving 58 Veazie St
School District:Providence Schools
Rating | Name | Grades | Distance |
---|---|---|---|
211 Veazie St, Providence, RI 02904 | K-5 | 0.3 mi | |
195 Nelson St, Providence, RI 02908 | PK-5 | 0.7 mi | |
60 Camden Ave, Providence, RI 02908 | K-5 | 0.8 mi | |
480 Charles St, Providence, RI 02904 | 6-8 | 0.6 mi | |
721 Chalkstone Ave, Providence, RI 02908 | 6-8 | 0.9 mi | |
101 Sessions St, Providence, RI 02906 | 6-8 | 2 mi | |
812 Branch Ave, Providence, RI 02904 | 9-12 | 0.5 mi | |
434 Mount Pleasant Ave, Providence, RI 02908 | 9-12 | 1.2 mi | |
324 Hope St, Providence, RI 02906 | 9-12 | 1.8 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 58 Veazie St
Date
Details
Price
Change
Source
4/18/2024
Listed
$549,900
274.08%
MLS
11/15/2016
Sold
$147,000
—
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 58 Veazie St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,413
3%
$349,500
—
2022
$6,221
25%
$349,500
73%
2021
$4,973
—
$202,500
—
2019
$4,973
5%
$202,500
37%
2018
$4,736
—
$148,200
—
2017
$4,736
—
$148,200
—
2016
$4,736
12%
$148,200
16%
2015
$4,214
-2%
$127,300
—
2014
$4,296
—
$127,300
—
2013
$4,296
—
$127,300
—
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 58 Veazie St
58 Veazie Street, Providence, RI 02908 (MLS# 1356660) is a Apartment property with 8 bedrooms and 3 full bathrooms. 58 Veazie Street is currently listed for $549,900 and was received on April 18, 2024. Want to learn more about 58 Veazie 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.