Calling investors or homeowner occupied for this 4 family house, totally rented, producing almost $70,000 a year from rental income. Do not let this opportunity to pass by, if you are looking for a multifamily house to live in, o for investment. This property consist of two building, one with three unit and the other building with a single family, on the same lot.
Property Details
Property Features
Property Information:
Year Built: 1930
Listing Office:
Office Name: C-21 Butterman & Kryston
Office Phone: (401) 521-9490
Interior Features
Interior Information:
Appliances: Gas Water Heater
Basement: Yes
Flooring Type: Other
Interior: Bathtub
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 9
Exterior Features
Parking Information:
Parking: No Garage
Lot Features
Lot Information:
Lot Size: 0.22 Acres
Utilities
Utilities Information:
Heating: Baseboard, Natural Gas
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $799,900
Tax Information:
Annual Amount: $4,225
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Providence, RI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,060
Per Month
Principal & Interest
$3,993
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,465
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
William D'Abate Elementary School
60 Kossuth St
Distance between this listing and this school0.21 miles
Public District Grades KG-5
4
/10
George J. West Elementary School
145 Beaufort St
Distance between this listing and this school0.57 miles
Public District Grades KG-5
1
/10
Asa Messer Elementary School
1655 Westminster St
Distance between this listing and this school0.63 miles
Public District Grades PK-4
Nearby Schools
4
/10
Paul Cuffee Middle School
30 Barton St
Distance between this listing and this school0.59 miles
Public Charter Grades 6-8
2
/10
West Broadway Middle School
29 Bainbridge Ave
Distance between this listing and this school0.61 miles
Public District Grades 5-8
5
/10
Af Providence Mayoral Middle School
370 Hartford Ave
Distance between this listing and this school0.78 miles
Public Charter Grades 5-8
Nearby Schools
1
/10
Mount Pleasant High School
434 Mount Pleasant Ave
Distance between this listing and this school1.18 miles
Public District Grades 9-12
5
/10
Providence Career Technical
41 Fricker St
Distance between this listing and this school1.23 miles
Public District Grades 9-12
10
/10
Classical High School
770 Westminster St
Distance between this listing and this school1.28 miles
The neighbors living near this home have an average income of $52,665. The majority of Providence, RI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
This home is located at 132 Putnam St in Providence, RI and zip code 02909 in the Olneyville neighborhood. This home, which was built in 1930, sits on a 0.22 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 08, 2025 and is currently priced at $799,900.
In December 2024, from all listings sold in Providence, RI there were more than 66 sold above asking price, over 38 sold below and more than 19 were sold right at the asked price. The number of listings in Providence, RI decreased by 13.9% between November 2024 and December 2024. While the average time on the market in December 2024 was 29 days, the median list price was $490,441.
From Rocket Homes Real Estate and based on county public records data.