$1,100,000
$1,300,000
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59 Hope ST Providence, RI 02906
5,699 SqFt
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,699 sqft
Price per Sqft $193
Subdivision Fox Point
MLS Listing ID 1267274
Sold Date 01/04/21
HOA Y/N No
Abv Grd Liv Area 5,699
Year Built 1930
Annual Tax Amount $15,732
Tax Year 2019
Lot Size 5,227 Sqft
Acres 0.12
Property Description
GREAT INVESTMENT OPPORTUNITY IN FOXPOINT! 2 Houses on one lot. 5 total units. Both buildings were completely redone in 2005. 59 Hope St has 3, 2 bed 1 baths; 61 Hope St has 1, 3 bed 1 bath, and 1, 5 bed 2 bath townhouse. All hardwoods, updated kitchen and baths, newer and maintained mechanicals. Private storage in basements. All units fully rented. Coin op laundry in both buildings, shared outdoor space, and off street parking for 6. INCOME $117,600. TOTAL EXPENES $$31,560. NOI $86,040. CAP 6.6%
Location
State RI
County Providence
Community Fox Point
Zoning R2
Rooms
Basement Full
Interior
Heating Baseboard, Gas
Cooling None
Furnishings Unfurnished
Laundry Common Area
Exterior
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
Utilities Available Natural Gas Connected, Sewer Connected
Street Surface Asphalt
Total Parking Spaces 6
Building
Foundation See Remarks
Sewer Connected
Water Connected
New Construction No
Others
Tax ID 59HOPESTPROV
Financing Cash
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