487 Washington St

Providence, RI 02903

$600,000
Last Sold Price
8
Beds
5,391 Sq. Ft.
$111 / Sq. Ft.
5,391
Sq. Ft.
$111
per Sq. Ft.
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Closed 6/24/21
Closed 6/24/21

Description

Have you been waiting for the perfect West Side multi family to hit the market? Here it is! This grand and spacious home has been thoughtfully and generously renovated in the past 4 years to include; new bathrooms, new kitchens, updated electrical and plumbing, new heating systems, beautiful hardwood floors, new roof, solar panels, a 3 bay garage with 3 phase electric, windows, siding and more. Did I mention that the third floor was a gut reno with eastern facing dormers added? The city view is amazing!...Have you been waiting for the perfect West Side multi family to hit the market? Here it is! This grand and spacious home has been thoughtfully and generously renovated in the past 4 years to include; new bathrooms, new kitchens, updated electrical and plumbing, new heating systems, beautiful hardwood floors, new roof, solar panels, a 3 bay garage with 3 phase electric, windows, siding and more. Did I mention that the third floor was a gut reno with eastern facing dormers added? The city view is amazing! Live in one unit and collect rent from wonderful tenants in the others. Can be purchased with the abutting lot. Walk score - 95!
  1. Listed by Melissa Riley • Brokerage DRE #REB.0012495 • Westcott Properties
    P: (401)-421-5300 melissa@westcottproperties.com

Property Details for 487 Washington Street

Subdivision Name
West Side
LISTING UPDATED: 11/03/2021 06:59 AM

Property Details for 487 Washington Street

StatusClosed
MLS #1277951
Days on Market31
Taxes$7,424 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1930
Lot Size0.09 AC / 3,920 SF
CountyProvidence County
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Location

Listing Courtesy of Westcott Properties

Sold By William Raveis Chapman Enstone

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Building Information for 487 Washington Street

Stories-Residences3Year Built1930Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

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$3,640 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,021

Property Taxes

$619

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 487 Washington Street

Summary
Location and General Information
  • City: Providence
  • Postal City: Providence
  • Postal Code: 02903
  • Postal Code Plus4: 3511
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 5
Taxes and HOA Information
  • Tax Annual Amount: $7,424.00
  • Tax Assessed Value: 302300
  • Tax Lot: 468
  • Tax Year: 2020
Property
Lot Information
  • Above Grade Fin SQFT: 5391.0
  • Building Area Total: 5391.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.09
  • Lot Size Area: 3920.0
  • Lot Size Square Feet: 3920.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 487WASHINGTONSTPROV
  • Stories Total: 0
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1930
  • C L I P: 7,908,392,534
Utilities
  • Electric: Phases3, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Foundation Details: Brick Mortar
Interior Features
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 8
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Rooms Total: 14
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,500.00
  • Description: LR EIK 2BR BTH
  • Unit Type Area: 1075.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,500.00
  • Description: LR DR EIK 3BR BTH
  • Unit Type Area: 1344.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,400.00
  • Description: LR DR EIK 3BR BTH
  • Unit Type Area: 1344.0
  • 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

Property History for 487 Washington Street

DateEvent & SourcePriceAppreciation
Jun 24, 2021

Sold (Public Record)

Public Record #1465063510

$600,000—
Jun 24, 2021

Sold

Rhode Island Association of REALTORS® #1277951

$600,000—
Apr 19, 2021

Contract Signed

Rhode Island Association of REALTORS® #1277951

—
DateEvent & SourcePrice
06/24/2021

Sold (Public Record)

Public Record #1465063510

$600,000
06/24/2021

Sold

Rhode Island Association of REALTORS® #1277951

$600,000
04/19/2021

Contract Signed

Rhode Island Association of REALTORS® #1277951

—

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

Public Records for 487 Washington Street

Taxable ValueLand$210,300Additions$302,800Total$513,100
Tax Record2022$9,133 ($761 / month)
Home Facts
Baths3Total Finished SqFt3,696 SqFtAbove Grade Finished SqFt3,696 SqFtUnfinished Basement SqFt1,344 SqFtStories3Lot Size4,124 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930ZoningR-3CountyPROVIDENCEAPNPROV M:29 L:468

Schools near 487 Washington Street

This home is within Providence School District.
Rating
School
Type
Grades
Distance
West Broadway Middle School
Public - 5 to 8
Central High School
Public - 9 to 12
Classical High School
Public - 9 to 12
Providence Career and Technical School
Public - 9 to 12
Rating
School
Distance
West Broadway Middle School
Public5 to 8

Central High School
Public9 to 12

Classical High School
Public9 to 12

Providence Career and Technical School
Public9 to 12

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.