$1,880,000
$2,250,000
16.4%For more information regarding the value of a property, please contact us for a free consultation.
122 Hope ST Providence, RI 02906
8 Beds
6 Baths
7,140 SqFt
Key Details
Sold Price $1,880,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,140 sqft
Price per Sqft $263
Subdivision Fox Point
MLS Listing ID 1348177
Sold Date 05/29/24
Bedrooms 8
Full Baths 5
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 7,140
Year Built 1823
Annual Tax Amount $15,007
Tax Year 2023
Lot Size 0.353 Acres
Acres 0.3531
Property Description
"Rich folks live on Power, but most of us live off Hope" ~ excerpted from the iconic cartoon designed by John Peck (1978).
Located at the corner of Power and Hope Streets, this signature 6-unit Victorian Mansard home is available for the first time in almost 50 years. The Underwood-Hale Durfee House ca. 1823 has been beautifully restored and impeccably maintained by its current owner/resident. Period details abound: multiple stained glass windows, lovely millwork and built-ins, pocket doors and a towering belvedere served by an internal stairway. Roofs have been recently replaced, exterior painted, updated mechanicals, A/C. Carefully landscaped gardens provide a secluded and spacious oasis on an expansive 15,000+ SF lot with 3-car garage plus ample parking. Truly an exceptional opportunity! Please Note: A Conservation Easement protects the open area of the property. Further information is available upon request. (Also: MLS limits data entry to a max of 4 units; the property is a legal 6-unit and currently used as a 5-unit in order to preserve the owner-occupied Homestead Exemption) NOTE: Owner-occupancy in R-1 district allows for short-term rentals yielding a very generous income stream!
Location
State RI
County Providence
Community Fox Point
Zoning R1 HD
Rooms
Basement Exterior Entry, Full, Interior Entry, Partially Finished
Interior
Interior Features Attic, Permanent Attic Stairs, Tub Shower, Furnished
Heating Baseboard, Gas, Heat Pump, Individual, Zoned
Cooling Central Air, Ductless
Flooring Ceramic Tile, Hardwood, Vinyl, Carpet
Fireplaces Number 2
Fireplaces Type Insert, Gas, Masonry
Furnishings Furnished
Fireplace Yes
Window Features Storm Window(s)
Appliance Common Water Heater, Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Laundry Common Area, In Unit
Exterior
Exterior Feature Porch, Patio, Sprinkler/Irrigation, Paved Driveway
Parking Features Detached
Garage Spaces 3.0
Fence Fenced
Community Features Highway Access, Marina, Near Schools, Public Transportation, Shopping, Sidewalks
Utilities Available Sewer Connected
Waterfront Description Walk to Water
Porch Patio, Porch
Total Parking Spaces 10
Garage Yes
Building
Lot Description Corner Lot, Sprinkler System
Foundation Combination
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Drywall,Plaster,Clapboard,Wood Siding
New Construction No
Others
Senior Community No
Tax ID 122HOPESTPROV
Security Features Security System Owned
Financing Other
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