116 Orchard Street

East Providence, RI 02914

$344,999
Price
6
Beds
3
Baths
4,032 Sq. Ft.
$86 / Sq. Ft.
4,032
Sq. Ft.
$86
per Sq. Ft.

Description

Affordable 3 family. Developers earn 150K with condo conversion, legal 3 family, large yard, currently bringing in $2,200 as a two family with vacant third floor. Possible $3500-4000 a month in rental income, occupy one unit and have the other two pay your mortgage and cash flow 1200 a month. Open to offers! Good bones structurally sound. Quiet location with large yard behind public library. Minor cosmetics and paint are recommended interior updates. Being sold AS IS. Motivated seller for competitive...

Amenities

  • Air Conditioning
  • Laundry in Building
  • Private Outdoor Space
  • Washer / Dryer in Unit

Location

Listing Courtesy of The Greene Realty Group

Property Details for 116 Orchard Street

StatusActive Under Contract
MLS #1285777
Days on Market43
Taxes$4,948 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.22 AC / 9,600 SF
CountyProvidence County

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Location

Listing Courtesy of The Greene Realty Group

Building Information for 116 Orchard Street

Stories3Residences3Year Built1900Building Size-Lot Size0.22 AC / 9,600 SF

Payment Calculator

$1,569 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,156

Property Taxes

$412

HOA Dues

$0

Property Information for 116 Orchard Street

Summary
    Location and General Information
  • Community Features: Near Schools, Public Transportation, Shopping, Sidewalks
  • Postal City: East Providence
    Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 5
    Taxes and HOA Information
  • Tax Annual Amount: $4,948.00
  • Tax Assessed Value: 240000
  • Tax Block: 6
  • Tax Lot: 2
  • Tax Year: 2021
Property
    Lot Information
  • Lot Size Acres: 0.22
  • Lot Size Area: 9600.0
  • Lot Size Square Feet: 9600.0
  • Building Area Total: 4,032.00
  • Parcel Number: 116ORCHARDSTEPRO
  • Living Area Source: Public Records
    Property and Assessments
  • Senior Community: No
  • Construction Materials: Drywall, Aluminum Siding
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Stories Total: 3
  • Year Built: 1900
  • Property Type: Residential Income
    Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 150 Amp Service
  • Electric On Property: Yes
  • Heating: Forced Air, Gas, Steam
  • Heating: Yes
  • Sewer: Unknown
  • Utilities: Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
    Exterior Features
  • Structure Type: Apartment
    Interior Features
  • Appliances: Refrigerator, Water Heater, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Fireplace Features: None
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate
  • Interior Features: Bathtub
  • Laundry Features: Common Area
  • Rooms Total: 15
MultiFamily
    Income & Expenses
  • Operating Expense: $6,000
    Unit 1
  • Unit Type Description 1: 3rd floor
  • Unit Type Actual Rent 1: $.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
    Unit 2
  • Unit Type Description 2: 2nd floor
  • Unit Type Actual Rent 2: $900.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
    Unit 3
  • Unit Type Description 3: 1st floor
  • Unit Type Actual Rent 3: $1,300.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
Rental Information
    Rent Information
  • Land Lease: false

Property History for 116 Orchard Street

DateEvent & SourcePriceAppreciation
Jul 30, 2021

Contract Out

STATEWIDEMLS #1285777

Jul 22, 2021

Price Change

STATEWIDEMLS #1285777

$344,999
Jun 26, 2021

Price Change

STATEWIDEMLS #1285777

$345,000
DateEvent & SourcePrice
07/30/2021

Contract Out

STATEWIDEMLS #1285777

07/22/2021

Price Change

STATEWIDEMLS #1285777

$344,999
06/26/2021

Price Change

STATEWIDEMLS #1285777

$345,000

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

Public Records for 116 Orchard Street

Taxable ValueLand$43,300Additions$197,000Total$240,300
Tax Record2020$4,948 ($412 / month)
Home Facts
Baths3Total Finished SqFt2,772 SqFtAbove Grade Finished SqFt2,772 SqFtStories3Lot Size10,353 SqFtStyleTriplexYear Built1900CountyPROVIDENCEAPNEPRO M:206 B:06 L:002 U:

Schools near 116 Orchard Street


SchoolTypeGradesDistanceRating
Ocean State Montessori SchoolPrivatePK-80.1 mi
NR
Sacred Heart SchoolPrivateK-80.2 mi
NR
Emma G. Whiteknact SchoolPublicK-50.5 mi
6
Agnes B. Hennessey SchoolPublicK-50.5 mi
4

Ocean State Montessori School

PK-8, 0.1 mi, Private

NR

Sacred Heart School

K-8, 0.2 mi, Private

NR

Emma G. Whiteknact School

K-5, 0.5 mi, Public

6

Agnes B. Hennessey School

K-5, 0.5 mi, Public

4

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Greene Realty Group

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2021 State-Wide Multiple Listing Service. All rights reserved.