122 Hope Street
122 Hope Street
Listed By Compass
Active Under Contract
Listed By Compass
Active Under Contract
Description
Located at the corner of Power and Hope Streets, this signature 6-unit Victorian Mansard home is available for the first time in almost 50 years. The Underwood-Hale Durfee House ca. 1823 has been beautifully restored and impeccably maintained by its current owner/resident. Period details abound: multiple stained glass windows, lovely millwork and built-ins, pocket doors and a..."Rich folks live on Power, but most of us live off Hope" ~ excerpted from the iconic cartoon designed by John Peck (1978).
Located at the corner of Power and Hope Streets, this signature 6-unit Victorian Mansard home is available for the first time in almost 50 years. The Underwood-Hale Durfee House ca. 1823 has been beautifully restored and impeccably maintained by its current owner/resident. Period details abound: multiple stained glass windows, lovely millwork and built-ins, pocket doors and a towering belvedere served by an internal stairway. Roofs have been recently replaced, exterior painted, updated mechanicals, A/C. Carefully landscaped gardens provide a secluded and spacious oasis on an expansive 15,000+ SF lot with 3-car garage plus ample parking. Truly an exceptional opportunity! Please Note: A Conservation Easement protects the open area of the property. Further information is available upon request. (Also: MLS limits data entry to a max of 4 units; the property is a legal 6-unit and currently used as a 5-unit in order to preserve the owner-occupied Homestead Exemption) NOTE: Owner-occupancy in R-1 district allows for short-term rentals yielding a very generous income stream!
Listing Agent
![Rebecca Mayer]()
rebecca.mayer@compass.comP: 401.447.8040
Property Details for 122 Hope Street
Location
Property Details for 122 Hope Street
| Status | Active Under Contract |
|---|---|
| MLS # | 1348177 |
| Days on Market | 134 |
| Taxes | $15,007 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Multi Family |
| Year Built | 1823 |
| Lot Size | 0.35 AC / 15,381 SF |
| County | Providence County |
Location
Building Information for 122 Hope Street
Payment Calculator
$13,530 per month
30 year fixed, 7.25% Interest
$12,279
$1,251
$0
Property Information for 122 Hope Street
- City: Providence
- Community Features: Highway Access, Marina, Near Schools, Public Transportation, Shopping, Sidewalks
- Postal City: Providence
- Postal Code: 02906
- State Or Province: RI
- Zoning: R1 HD
- Human Modified Y N: Yes
- Attached Garage Y N: No
- Covered Spaces: 3
- Garage Spaces: 3
- Garage Y N: Yes
- Parking Features: Detached, Garage, Garage Door Opener
- Parking Total: 10
- Tax Annual Amount: $15,007.00
- Tax Assessed Value: 1434800
- Tax Lot: 185
- Tax Year: 2023
- Green Location: Public Transportation, Walkability
- Building Area Total: 7140.0
- Living Area Source: Other
- Lot Features: Corner Lot, Sprinkler System
- Lot Size Acres: 0.3531
- Lot Size Area: 15381.0
- Lot Size Square Feet: 15381.0
- Lot Size Units: Square Feet
- Number Of Buildings: 1
- Parcel Number: 122HOPESTPROV
- Stories Total: 3
- Structure Type: Apartment
- New Construction Y N: No
- Number Of Units Total: 4
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community Y N: No
- Year Built: 1823
- C L I P: 5,406,858,926
- Electric: Item100Amp Service, Circuit Breakers, Item220Volts
- Sewer: Connected, Public Sewer
- Utilities: Sewer Connected
- Water Source: Connected, Public
- Exterior Features: Porch, Patio, Sprinkler Irrigation, Paved Driveway
- Fencing: Fenced
- Foundation Details: Combination
- Security Features: Security System Owned
- Appliances: Common Water Heater, Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
- Basement: Exterior Entry, Full, Interior Entry, Partially Finished
- Basement Y N: Yes
- Bathrooms Full: 5
- Bathrooms Half: 1
- Bathrooms Total Integer: 6
- Bedrooms Total: 8
- Cooling: Central Air, Ductless
- Cooling Y N: Yes
- Door Features: Storm Doors
- Fireplace Features: Insert, Gas, Masonry
- Fireplaces Total: 2
- Fireplace Y N: Yes
- Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
- Heating: Baseboard, Gas, Heat Pump, Individual, Zoned
- Heating Y N: Yes
- Interior Features: Attic, Permanent Attic Stairs, Tub Shower, Furnished
- Laundry Features: Common Area, In Unit
- Patio And Porch Features: Patio, Porch
- Rooms Total: 17
- Window Features: Storm Windows
- Operating Expense: $25,000.00
- Actual Rent: $2,500.00
- Description: 3: K/LA/DA,4 DBR,BSS
- Type: Item3Bedroom
- Unit Type Area: 1300.0
- Baths Total: 1
- Beds Total: 3
- Num of Full Baths: 1
- Num of Half Baths: 0
- Actual Rent: $1,800.00
- Description: 2B: LR,2DBR,K,BSS
- Type: Item2Bedroom
- Unit Type Area: 1100.0
- Baths Total: 1
- Beds Total: 2
- Num of Full Baths: 1
- Num of Half Baths: 0
- Actual Rent: $.00
- Description: 2A: LR,DBR,EIK,TBS
- Type: Item1Bedroom
- Occupant Type: Vacant
- Unit Type Area: 900.0
- Baths Total: 1
- Beds Total: 1
- Num of Full Baths: 1
- Num of Half Baths: 0
- Actual Rent: $.00
- Description: 1: LR,DR,EIK,FR,LAV,MBR,BSS,DBR,TBS
- Type: Item2Bedroom
- Occupant Type: Owner
- Unit Type Area: 2600.0
- Baths Total: 3
- Beds Total: 2
- Num of Full Baths: 2
- Num of Half Baths: 1
- Lease Amount Per Area Unit: DollarsPerSquareFoot
- Land Lease Y N: No
Property History for 122 Hope Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 122 Hope Street
Schools near 122 Hope Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 1 | |||
| Public - | PK to 4 | |||
| Public - | PK to 5 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Charles N. Fortes Elementary School PublicPK to 1 | ||
asa messer elementary school PublicPK to 4 | ||
Martin Luther King El. School PublicPK to 5 | ||
Vartan Gregorian El. 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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