3,458 Sq. Ft.
$159 / Sq. Ft.
3,458
Sq. Ft.
$159
per Sq. Ft.

Description

Investor Alert! Don't miss this massive three-family property located right on the edge of downtown Providence. Boasting a prime location, it's just a 5-minute drive to the downtown mall, train station, and more. Each spacious unit offers almost 1,400 sq. ft. with three bedrooms and a double parlor. The first floor includes one and a half baths, the second floor features one bath, and the third floor boasts two full baths. The roof is replace last year. This property is a fantastic investment opportunity...Investor Alert! Don't miss this massive three-family property located right on the edge of downtown Providence. Boasting a prime location, it's just a 5-minute drive to the downtown mall, train station, and more. Each spacious unit offers almost 1,400 sq. ft. with three bedrooms and a double parlor. The first floor includes one and a half baths, the second floor features one bath, and the third floor boasts two full baths. The roof is replace last year. This property is a fantastic investment opportunity in a highly convenient location.
  1. Listed by Qing Lu Zhu • Brokerage DRE #REB.0018933 • Coastline Realty LLC
    P: (917)-285-4007 lucy@coastlinerealtyllc.com

Property Details for 340 Orms Street

Subdivision Name
Smith Hill/ PC
LISTING UPDATED: 09/17/2024 01:54 PM

Property Details for 340 Orms Street

StatusClosed
MLS #1361890
Days on Market48
Taxes$6,151 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1880
Lot Size0.10 AC / 4,356 SF
CountyProvidence County

Location

Listing Courtesy of Coastline Realty LLC

Sold By SD Realty Associates

Add your commute

Building Information for 340 Orms Street

Stories3Residences3Year Built1880Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$3,193 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,681

Property Taxes

$513

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 340 Orms Street

Summary
Location and General Information
  • City: Providence
  • Postal City: Providence
  • Postal Code: 02908
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Tax Annual Amount: $6,151.00
  • Tax Assessed Value: 335200
  • Tax Lot: 337
  • Tax Year: 2023
Property
Lot Information
  • Above Grade Fin SQFT: 3458.0
  • Building Area Total: 3458.0
  • Living Area Source: Owner
  • Lot Size Acres: 0.1
  • Lot Size Area: 4356.0
  • Lot Size Square Feet: 4356.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 340ORMSSTPROV
  • Stories Total: 3
  • Structure Type: Apartment
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: 1880
  • C L I P: 4,021,788,496
Utilities
  • Electric: Item100Amp Service
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 9
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Other, Vinyl
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Rooms Total: 21
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Unit Type Area: 1383.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Unit Type Area: 1383.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $.00
  • Unit Type Area: 1383.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 1
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 340 Orms Street

DateEvent & SourcePriceAppreciation
Sep 16, 2024

Sold

Rhode Island Association of REALTORS® #1361890

$550,000
Sep 13, 2024

Sold (Public Record)

Public Record #1540779167

$550,000

+14.5% / yr

Aug 5, 2024

Contract Signed

Rhode Island Association of REALTORS® #1361890

Jul 15, 2024

Contract Out

Rhode Island Association of REALTORS® #1361890

Jul 3, 2024

Price Change

Rhode Island Association of REALTORS® #1361890

$539,000
Jun 18, 2024

Listed (Active)

Rhode Island Association of REALTORS® #1361890

$559,000
Dec 19, 2019

Sold (Public Record)

Public Record #659988103

$290,000

+20.6% / yr

Oct 31, 2014

Sold (Public Record)

Public Record #483296804

$111,000
Oct 31, 2014

Sold

Rhode Island Association of REALTORS® #1078180

$111,000
Sep 17, 2014

Contract Signed

Rhode Island Association of REALTORS® #1078180

Sep 15, 2014

Permanently Off Market

Rhode Island Association of REALTORS® #1071629

Sep 8, 2014

Listed (Active)

Rhode Island Association of REALTORS® #1078180

$100,000
Jun 23, 2014

Listed (Active)

Rhode Island Association of REALTORS® #1071629

$150,000
DateEvent & SourcePrice
09/16/2024

Sold

Rhode Island Association of REALTORS® #1361890

$550,000
09/13/2024

Sold (Public Record)

Public Record #1540779167

$550,000

+14.5% / yr

08/05/2024

Contract Signed

Rhode Island Association of REALTORS® #1361890

07/15/2024

Contract Out

Rhode Island Association of REALTORS® #1361890

07/03/2024

Price Change

Rhode Island Association of REALTORS® #1361890

$539,000
06/18/2024

Listed (Active)

Rhode Island Association of REALTORS® #1361890

$559,000
12/19/2019

Sold (Public Record)

Public Record #659988103

$290,000

+20.6% / yr

10/31/2014

Sold (Public Record)

Public Record #483296804

$111,000
10/31/2014

Sold

Rhode Island Association of REALTORS® #1078180

$111,000
09/17/2014

Contract Signed

Rhode Island Association of REALTORS® #1078180

09/15/2014

Permanently Off Market

Rhode Island Association of REALTORS® #1071629

09/08/2014

Listed (Active)

Rhode Island Association of REALTORS® #1078180

$100,000
06/23/2014

Listed (Active)

Rhode Island Association of REALTORS® #1071629

$150,000

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

Public Records for 340 Orms Street

Taxable ValueLand$144,500Additions$395,800Total$540,300
Tax Record2025$4,079 ($340 / month)
Home Facts
Baths3Total Finished SqFt3,443 SqFtAbove Grade Finished SqFt3,443 SqFtUnfinished Basement SqFt1,383 SqFtStories3Lot Size4,292 SqFtStyleTriplexYear Built1880ZoningR-3CountyPROVIDENCEAPNPROV M:67 L:337

Schools near 340 Orms Street

This home is within Providence School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - 6 to 12
Charter - K to 12
Charter - K to 5
Rating
School
Distance
Harry Kizirian Elementary School
PublicPK to 5

Times2 Middle/High School
Charter6 to 12

Times2 Academy
CharterK to 12

Times2 Elementary School
CharterK 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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coastline Realty LLC

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.