5 months on rocket

1047 Eddy St, Providence, RI, 02905

$650,000

Home List Price

$7,719*

Closing Credit

9 Bedrooms
3 Full Baths
Multi

Location

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1047 Eddy St, Providence$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1920
HeatingCentral, Natural Gas, Steam, Space Heater(s)
CoolingSingle Unit
BasementYes
FireplaceNone
MLS #1363268
Lot Size0.11 Acres
StatusActive

About 1047 Eddy St

Rare opportunity on the Southside to own a turnkey multi, with not only 3 units, but 3 bedrooms in ALL units! This property is investment gold- or a super sweet owner occupied. Each unit has 1250 interior sqft, offering plenty of space for owners or tenants to spread out. Each unit is nicely kept, and the first floor owner's unit has granite and glass backsplash in the kitchen galley, as well as a microwave and dishwasher. Vinyl in gray tones for the kitchen and dining area, is perfect to protect against wear and tear. The first floor bath has been updated with ceramic tile/ modern vanity and lighting, as well as refinished walls. You'll want to spend your afternoon and evenings in the formal dining and living room, accented by the refinished wood floors. All units show nicely and have long term tenants. Finished area in the basement is perfect for some flex space- an office, gym, or game room- and the outbuilding can serve as a gym or office as well! The yard offers some outside enjoyment with a grassy spot to pull up a lawn chair and relax. Commercial zoning! TAXES SHOWN REFLECT NEW HOMESTEAD FOR OWNER OCC.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Noonan/Lombardi, REALTORS
  • Office Phone: (401) 580-8672

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Laminate
  • Interior: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Steam, Space Heater(s)
  • Cooling: Single Unit

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $3,233
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Providence, RI.

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Providence, RI

City

Med. Sold Price

$489.8K

Med. Price/SqFt

$280

Avg. Days On Market

24

# of Sold Homes

88

1047 Eddy St vs Providence

162 DAYS ON ROCKET

+138 Days

$650,000

+$160.1K More

KEY TAKEAWAY

This property is $160.1K more than the Median Sold Price in Providence, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1363268

Listing Office:

  • Office Name: Noonan/Lombardi, REALTORS
  • Office Phone: (401) 580-8672

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 04, 2020Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,233$219,400
2019$5,388$219,400
2018$4,257$133,200
2017$4,257$133,200

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-52244
4
/10

  • The Hope Academy

  • 1000 Eddy St

  • 0.18 miles

  • Public Charter Grades KG-6

school-card-donut-52245
3
/10

  • Cornel Young & Charlotte Woods

  • 674 Prairie Ave

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-52246
1
/10

  • Mary E. Fogarty Elementary School

  • 199 Oxford St

  • 0.40 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,390. The most common annual income of people living in Providence, RI is less than $35k. Most families are single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Providence›02905›1047 Eddy St

This home is located at 1047 Eddy St in Providence, RI and zip code 02905 in the Lower South Providence neighborhood. This home, which was built in 1920, sits on a 0.11 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $650,000.

In November 2024 more than 41 listings in Providence, RI were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 31 were sold below. Between October 2024 and November 2024, Providence, RI real estate market has seen decrease in the number of listings by 9.9%. While the average time on the market in November 2024 was 24 days, the median list price was $489,840.

From Rocket Homes Real Estate and based on county public records data.

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