320 Valley St

Providence, RI 02908

$510,000
Last Sold Price
11
Beds
3,810 Sq. Ft.
$134 / Sq. Ft.
3,810
Sq. Ft.
$134
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 5/2/23
Closed 5/2/23

Description

Fantastic Investment Opportunity in the Heart of Providence! Oversized Multi Family located in the rapidly developing Valley Street area. Featuring three large units, each with three (3)bedrooms, this property offers an excellent opportunity to generate steady rental income. But that's not all the third floor unit is a bonus townhouse with five bedrooms and two full baths, offering views of the city skyline. Conveniently located near the bustling Federal Hill and Atwells Avenue, as well as the trendy...Fantastic Investment Opportunity in the Heart of Providence! Oversized Multi Family located in the rapidly developing Valley Street area. Featuring three large units, each with three (3)bedrooms, this property offers an excellent opportunity to generate steady rental income. But that's not all the third floor unit is a bonus townhouse with five bedrooms and two full baths, offering views of the city skyline. Conveniently located near the bustling Federal Hill and Atwells Avenue, as well as the trendy Rubber Lofts in Monahasset Square, this property is in the perfect location for attracting long-term tenants who are looking for modern, clean and convenient living spaces. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer looking for a smart investment opportunity, this property is sure to impress. Don't miss out schedule a showing and see all that this property has to offer!
  1. Listed by Joy Riley • Brokerage DRE #REB.0012495 • Westcott Properties • Joyeriley@gmail.com

Property Details for 320 Valley Street

Subdivision Name
Atwells, Valley
LISTING UPDATED: 05/04/2023 09:26 AM

Property Details for 320 Valley Street

StatusClosed
MLS #1331418
Days on Market40
Taxes$6,226 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / 4 Family
Year Built1900
Lot Size0.08 AC / 3,485 SF
CountyProvidence County
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Location

Listing Courtesy of Westcott Properties

Sold By Westcott Properties

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Building Information for 320 Valley Street

Stories-Residences4Year Built1900Building Size-Lot Size0.08 AC / 3,485 SF

Payment Calculator

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$3,060 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,541

Property Taxes

$519

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 320 Valley Street

Summary
Location and General Information
  • City: Providence
  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant
  • Country: US
  • Directions: MAPQUEST
  • Postal City: Providence
  • Postal Code: 02908
  • Postal Code Plus4: 5616
  • State Or Province: RI
  • Zoning: M-MU-75
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Open Parking Y N: Yes
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $6,226.00
  • Tax Assessed Value: 349800
  • Tax Book Number: 11136
  • Tax Lot: 611
  • Tax Map Number: 65
  • Tax Year: 2022
Property
Lot Information
  • Above Grade Fin SQFT: 3810.0
  • Building Area Total: 3810.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Living Area Source: Public Records
  • Lot Features: Paved
  • Lot Size Acres: 0.08
  • Lot Size Area: 3485.0
  • Lot Size Square Feet: 3485.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 320322VALLEYSTPROV
  • Stories Total: 0
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • Year Built Details: Actual
  • Year Built Source: Public Records
  • C L I P: 3,828,634,431
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 11
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Heating: Forced Air, Gas
  • Heating Y N: Yes
  • Interior Features: Tub Shower
  • Patio And Porch Features: Porch
  • Rooms Total: 22
Multi Family
Income & Expenses Information
  • Gross Income: $33,600.00
  • Net Operating Income: $33,600.00
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 970.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 1270.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,450.00
  • Unit Type Area: 1270.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,450.00
  • Unit Type Area: 1270.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No
  • Total Actual Rent: $4,780.00

Property History for 320 Valley Street

DateEvent & SourcePriceAppreciation
May 2, 2023

Sold (Public Record)

Public Record #1510337507

$510,000

+20.7% / yr

May 2, 2023

Sold

Rhode Island Association of REALTORS® #1331418

$510,000—
May 2, 2023

Sold

MLS PIN #73088246

$510,000—
DateEvent & SourcePrice
05/02/2023

Sold (Public Record)

Public Record #1510337507

$510,000

+20.7% / yr

05/02/2023

Sold

Rhode Island Association of REALTORS® #1331418

$510,000
05/02/2023

Sold

MLS PIN #73088246

$510,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 320 Valley Street

Taxable ValueLand$111,100Additions$478,300Total$589,400
Tax Record2025$4,450 ($371 / month)
Home Facts
Baths3Total Finished SqFt4,233 SqFtAbove Grade Finished SqFt4,233 SqFtUnfinished Basement SqFt1,270 SqFtStories3Lot Size3,346 SqFtStyleTriplexYear Built1900ZoningM-MU-7CountyPROVIDENCEAPNPROV M:65 L:611

Schools near 320 Valley Street

This home is within Providence School District.
Rating
School
Type
Grades
Distance
William D'abate Elementary School
Public - K to 5
West Broadway Middle School
Public - 5 to 8
Educare I
Public - 9 to 12
George J. West Elementary School
Public - K to 5
Rating
School
Distance
William D'abate Elementary School
PublicK to 5

West Broadway Middle School
Public5 to 8

Educare I
Public9 to 12

George J. West Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Westcott Properties

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.