2 months on rocket

Sale Pending

124 Providence St, Woonsocket, RI, 02895

$415,000

Home List Price

$4,928*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
Multi

Location

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124 Providence St, Woonsocket$415,000

Buyer Closing Credits

$4,928*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1900
HeatingBaseboard, Electric, Natural Gas, Oil, Steam
CoolingNone
BasementYes
FireplaceNone
MLS #1367517
Lot Size0.20 Acres
StatusSale Pending
(Pending)

About 124 Providence St

Welcome to a unique mixed-use property that offers both residential and commercial opportunities in a highly desirable neighborhood! This exceptional property features two distinct buildings on a spacious lot, making it a perfect investment or living arrangement. The first building is a two-family home, designed for comfortable living. The second floor boasts a well appointed townhouse-style apartment featuring three generously sized bedrooms, providing ample space for both relaxation and productivity. The first floor of the two-family home offers an additional apartment that is equally inviting, making it ideal for multi-generational living or as a rental opportunity. Adjacent to the residential building, you'll find a small, well-established diner that is currently rented out. This diner has been a cherished local establishment, serving delicious breakfasts and lunches to the community. The current tenants express a desire to stay, allowing for continued income potential while enjoying the benefits of a vibrant local business right at your doorstep. The expansive lot provides plenty of parking for tenants, ensuring convenient access for both residents Whether you're looking to enjoy a great breakfast each morning or to invest in a lucrative property, this mixed-use investment provides endless possibilities.Don't miss your chance to own this multifaceted gem in an attractive area, where you can live, work, and thrive! Also, being sold as a Commercial Mixed-Use MLS#1371477

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: RE/MAX Properties
  • Office Phone: (401) 232-3900

Interior Features

Interior Information:

  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior: Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Wooded
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Natural Gas, Oil, Steam
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $415,000
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Housing Market Comparison

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

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Woonsocket, RI

City

Med. Sold Price

$404.5K

Med. Price/SqFt

$223

Avg. Days On Market

23

# of Sold Homes

30

124 Providence St vs Woonsocket

83 DAYS ON ROCKET

+60 Days

$415,000

+$10.4K More

KEY TAKEAWAY

This property is $10.4K more than the Median Sold Price in Woonsocket, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1367517

Listing Office:

  • Office Name: RE/MAX Properties
  • Office Phone: (401) 232-3900

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: 11/23/2024, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $110,400
2018 - $110,400
2017 - $142,400

History based on county public records data.

Payment Calculator

$2,139

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,311

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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-803725
3
/10

  • Kevin K. Coleman School

  • 96 2nd Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-803726
2
/10

  • Globe Park School

  • 192 Avenue A

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-803727
5
/10

  • Bernon Heights School

  • 657 Logee St

  • 0.93 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 $44,034. The most common annual income of people living in Woonsocket, RI is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Woonsocket, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Woonsocket, RI?

Woonsocket's housing market is characterized by a blend of historical and contemporary styles, with a significant presence of Victorian and Colonial homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, multi-family residences, and apartment complexes. While single-family homes are prevalent, there is also a substantial number of multi-family units that cater to various housing needs. The homeownership rate in Woonsocket is around 40%, with the remaining 60% of residents opting to rent, indicative of a strong rental market.

Is Woonsocket, RI a good place to live?

Woonsocket is celebrated for its vibrant history and cultural heritage, with a community that prides itself on its strong sense of identity. The city's character is shaped by its historical architecture, local arts scene, and annual events like the Autumnfest that bring the community together. Residents enjoy a variety of local attractions, including the Museum of Work and Culture, which pays homage to the city's industrial past.

Are things conveniently located in Woonsocket, RI?

The community is served by a network of public services that includes several public schools, healthcare facilities, and a public library system. Woonsocket's educational landscape comprises elementary, middle, and high schools, as well as options for higher education in nearby areas. Healthcare services are accessible through local clinics and a regional hospital that provides emergency care and specialized treatments. Retail and dining options are plentiful, with a mix of national chains and local establishments that reflect the city's diverse cultural makeup.

What does the transportation in Woonsocket, RI look like?

Transportation in Woonsocket is facilitated by a combination of public bus services and a network of major roads that connect the city to the rest of Providence and neighboring states. The public transit system offers routes that cover key areas of the city, with varying schedules to accommodate commuters. Woonsocket's walkability varies by neighborhood, with some areas being more pedestrian-friendly than others. The city's infrastructure also supports cycling, with bike lanes present in certain parts. While ride-sharing services are commonly used, specific brands are not mentioned to maintain neutrality.

Rocket Homes›Rhode Island›Providence County›Woonsocket›02895›124 Providence St

This home is located at 124 Providence St in Woonsocket, RI and zip code 02895. This home, which was built in 1900, sits on a 0.20 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 31, 2024 and is currently priced at $415,000.

In October 2024, from all listings sold in Woonsocket, RI there were more than 22 sold above asking price, over 3 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in Woonsocket, RI between September 2024 and October 2024 increased by 19.3%. The median list price of listings available in October 2024 was $404,583, while the average time on the real estate market was 23 days.

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

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