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486 Sharon St, Providence, RI, 02908

$539,000

Home List Price

$6,401*

Closing Credit

6 Bedrooms
2 Full Baths
Multi

Location

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486 Sharon St, Providence$539,000

Buyer Closing Credits

$6,401*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1925
HeatingBaseboard, Natural Gas, Hot Water
CoolingNone
BasementYes
MLS #1372617
Lot Size0.11 Acres
StatusActive

About 486 Sharon St

This well-maintained multi-family property is a true gem for investors or owner-occupants seeking rental income potential. House has been gutted to the studs and refurbished for a new, modern look. Brand new roof, decks, boilers, hot water tanks, flooring, paint, cabinets, stainless steel appliances, etc. to just name a few... With an exterior door that leads to the basement there is lots of potential for future expansion. Located in a highly desirable neighborhood, this property offers 2 spacious units that are perfect for long-term tenants or seasonal rentals. With proximity to local amenities, schools, public transportation, and major highways, this property is strategically situated for both convenience and growth potential.

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: Oakmont Realty Group
  • Office Phone: (401) 400-4114

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,000

Tax Information:

  • Annual Amount: $4,946
  • 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

$484.8K

Med. Price/SqFt

$277

Avg. Days On Market

31

# of Sold Homes

107

486 Sharon St vs Providence

7 DAYS ON ROCKET

-24 Days

$539,000

+$54.2K More

KEY TAKEAWAY

This property is $54.2K 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: #1372617

Listing Office:

  • Office Name: Oakmont Realty Group
  • Office Phone: (401) 400-4114

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: 11/15/2024, 1:20:48 PM 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$4,946$201,400
2019$4,946$201,400
2018$4,625$144,700
2017$4,625$144,700

History based on county public records data.

Payment Calculator

$2,758

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,682

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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.

Nearby Schools

school-card-donut-527832
6
/10

  • Robert F. Kennedy Elementary School

  • 195 Nelson St

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-527833
2
/10

  • Veazie Street School

  • 211 Veazie St

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-527834
2
/10

  • Stephen Onley Elementary School

  • 1378 Douglas Ave Providence RI2904

  • 1.02 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 $69,761. Typical income of Providence, RI residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Providence›02908›486 Sharon St

This home is located at 486 Sharon St in Providence, RI and zip code 02908 in the Elmhurst neighborhood. This home, which was built in 1925, sits on a 0.11 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $539,000.

Providence, RI housing market in October 2024 saw over 52 listings sold above listed price, more than 16 sold at listed price and over 39 sold below. The inventory of homes for sale in Providence, RI between September 2024 and October 2024 increased by 2.9%. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $484,800.

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

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