16 days on rocket

Sale Pending

294 Cole Ave, Providence, RI, 02906

$1,095,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths, 2 Partial
Multi

Location

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294 Cole Ave, Providence$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1930
HeatingBaseboard, Natural Gas
CoolingCentral Air, Window Unit(s)
BasementYes
FireplaceMasonry
MLS #1373613
Lot Size0.24 Acres
StatusSale Pending
(Pending)

About 294 Cole Ave

Welcome to 294-296 Cole Avenue, a charming two-family residence nestled in one of the most coveted East Side neighborhoods steps from Blackstone Boulevard. Featuring side by side twin townhouses, this property is perfect for an investor or owner-occupant interested in extra income. Each surprisingly spacious residence boasts 4 bedrooms and 2.5 bathrooms and a layout that accommodates a variety of lifestyles. The first floor of each side offers a living room with a wood burning fireplace that opens to a dining area with direct access to a classic butler's pantry with built in storage. Each handsome kitchen offers ample counter space with coordinating stainless or black appliances. A powder room and back door area complete the floor and provide convenient access for indoor-outdoor entertaining. The second floor of each side hosts 3 bedrooms and a full shared bathroom. A generously sized primary suite complete with walk-in-closet, built-in storage and full bathroom is found on the 3rd floor. The basement of each residence offers private laundry as well as ample storage and Unit 1 has Central Air on 1st/2nd floors. Step outside onto a deck that leads to a stone terrace on each side, overlooking an oversized yard. Extra outdoor storage space is provided within sheds abutting separate designated driveways offering residents ample parking.This incredible East Side opportunity presents a complete package with easy access to everything the East Side has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: Compass
  • Office Phone: (401) 274-1644

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Stall Shower
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Central Air, Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000

Tax Information:

  • Annual Amount: $14,571
  • 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

294 Cole Ave vs Providence

16 DAYS ON ROCKET

-8 Days

$1,095,000

+$605.1K More

KEY TAKEAWAY

This property is $605.1K 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: #1373613

Listing Office:

  • Office Name: Compass
  • Office Phone: (401) 274-1644

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: 12/26/2024, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 20, 1995Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2020$14,571$593,300
2019$14,571$593,300
2018$16,364$512,000
2017$16,364$512,000

History based on county public records data.

Payment Calculator

$5,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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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-1598197
3
/10

  • Martin Luther King Elementary School

  • 35 Camp St

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-1598198
6
/10

  • Francis School

  • 64 Bourne Ave

  • 1.48 miles

  • Public District Grades KG-5

school-card-donut-1598199
5
/10

  • Vartan Gregorian Elementary School

  • 455 Wickenden St

  • 1.59 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 $156,481. Residents of Providence, RI typically earn $200k+ each year. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Providence›02906›294 Cole Ave

This home is located at 294 Cole Ave in Providence, RI and zip code 02906 in the Blackstone neighborhood. This home, which was built in 1930, sits on a 0.24 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $1,095,000.

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. The inventory of homes for sale in Providence, RI between October 2024 and November 2024 decreased by 9.9%. In November 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $489,840.

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

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