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606 River Ave, Providence, RI, 02908

$799,000

Home List Price

$9,488*

Closing Credit

9 Bedrooms
4 Full Baths
Multi

Location

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606 River Ave, Providence$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1900
HeatingBaseboard, Natural Gas
CoolingNone
BasementYes
MLS #1373238
Lot Size0.08 Acres
StatusActive

About 606 River Ave

This well-maintained multi-family home in Providence, RI, is a fantastic investment opportunity in a prime location. Featuring an updated interior with modern finishes throughout, this property offers both style and functionality. With tenants already in place, the home generates nearly $100K in rent values annually, making it a highly desirable income-producing asset. The property includes 6 off-street parking spots, providing added convenience for tenants and reducing parking stress in the busy city. Whether you're looking to expand your portfolio or invest in a high-demand rental market, this multi-family home combines updated living spaces, a great location, and a strong rental return. Don't miss out on this exceptional property!

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Century 21 The Seyboth Team
  • Office Phone: (401) 415-8527

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000

Tax Information:

  • Annual Amount: $6,442
  • 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

606 River Ave vs Providence

2 DAYS ON ROCKET

-29 Days

$799,000

+$314.2K More

KEY TAKEAWAY

This property is $314.2K 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: #1373238

Listing Office:

  • Office Name: Century 21 The Seyboth Team
  • Office Phone: (401) 415-8527

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: 11/21/2024, 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

Listing History

Aug 21, 2018Home Sold
$156,000
Jun 13, 2007Home Sold
$300,000
May 01, 2007Home Sold
$330,000
Oct 22, 2002Home Sold
$185,000
Nov 21, 1994Home Sold
$88,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,442$262,300
2019$6,442$262,300
2018$5,539$173,300
2017$5,539$173,300

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-185539
6
/10

  • Robert F. Kennedy Elementary School

  • 195 Nelson St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-185540
2
/10

  • Veazie Street School

  • 211 Veazie St

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-185541
2
/10

  • Harry Kizirian Elementary School

  • 60 Camden Ave

  • 0.89 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 $54,755. Most Providence, RI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Providence›02908›606 River Ave

This home is located at 606 River Ave in Providence, RI and zip code 02908 in the Elmhurst neighborhood. This home, which was built in 1900, sits on a 0.08 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $799,000.

While more than 52 listings in Providence, RI in October 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 39 were sold below. The number of listings in Providence, RI increased by 2.9% between September 2024 and October 2024. Listings spent 31 days on the market in October 2024, and had a median list price of $484,800 during the same period.

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

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