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Backup Offers

59 Depasquale Ave, Providence, RI, 02903

$1,300,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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59 Depasquale Ave, Providence$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1900
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceNone
MLS #1361408
Lot Size0.05 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 59 Depasquale Ave

Three unit mixed use-property in the heart of DePasquale Plaza available for the first time in over 25 years (Green building in photos). 3 total units consisting of a well established restaurant with long term tenant in place $4,000 mo (with incremental increases) as well as 50% of tax, water and sewer bill. There are 2 additional 2 bed one bathroom apartments. Apartments are fully furnished, rented monthly with long term tenants, baseboard heat, and washer/dryer in each unit making them ideal Air B and B properties. Young 7 year old roof. Third floor unit has loft space and private deck. See MLS 1361351 for listing on blue property next door. Properties may be purchased separately.

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Churchill & Banks Co., LLC
  • Office Phone: (401) 273-8010

Interior Features

Interior Information:

  • Appliances: Dryer, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl
  • Interior: Cathedral Ceiling(s), Stall Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
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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

59 Depasquale Ave vs Providence

156 DAYS ON ROCKET

+125 Days

$1,300,000

+$815.2K More

KEY TAKEAWAY

This property is $815.2K 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: #1361408

Listing Office:

  • Office Name: Churchill & Banks Co., LLC
  • Office Phone: (401) 273-8010

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, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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-471455
3
/10

  • Paul Cuffee Lower School

  • 459 Promenade St

  • 0.36 miles

  • Public Charter Grades KG-5

school-card-donut-471456
1
/10

  • Asa Messer Elementary School

  • 1655 Westminster St

  • 0.76 miles

  • Public District Grades PK-4

school-card-donut-471457
2
/10

  • Harry Kizirian Elementary School

  • 60 Camden Ave

  • 0.88 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 $14,869. Residents of Providence, RI typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Providence›02903›59 Depasquale Ave

This home is located at 59 Depasquale Ave in Providence, RI and zip code 02903 in the Federal Hill neighborhood. This home, which was built in 1900, sits on a 0.05 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $1,300,000.

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. Between September 2024 and October 2024, Providence, RI real estate market has seen increase in the number of listings by 2.9%. While the average time on the market in October 2024 was 31 days, the median list price was $484,800.

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

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