53 Raymond Street

Providence, RI 02908

$365,000
Last Sold Price
6
Beds
3
Baths
4,596 Sq. Ft.
$79 / Sq. Ft.
4,596
Sq. Ft.
$79
per Sq. Ft.

Description

Amazing Opporunity to own a turn-key cash cow in the heart of Providence. This refreshed Three family has been updated with New everything.. Roof, heating, plumbing, electrical, bathroom, retaining wall, extrior paint and more! Plus the apartments are all significantly below current rental values. Conveniently located close to everything, it's a college or commuter's dream. Owners can occupy one unit and have the others pay their rent. Investors can turn the key and create instant cash flow. Book...Amazing Opporunity to own a turn-key cash cow in the heart of Providence. This refreshed Three family has been updated with New everything.. Roof, heating, plumbing, electrical, bathroom, retaining wall, extrior paint and more! Plus the apartments are all significantly below current rental values. Conveniently located close to everything, it's a college or commuter's dream. Owners can occupy one unit and have the others pay their rent. Investors can turn the key and create instant cash flow. Book your showing right now!
  1. Listed by Tony Lanni • RE/MAX Preferred
  2. Listed by Tony Lanni • RE/MAX Preferred

Property Details for 53 Raymond Street

Subdivision Name
PC Elmhurst Smith Hill

Location

Listing Courtesy of RE/MAX Preferred

Sold By RE/MAX Town & Country

Add your commute
LISTING UPDATED: 06/17/2021 12:01 PM

Property Details for 53 Raymond Street

StatusClosed
MLS #1281551
Days on Market8
Taxes$5,650 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size0.07 AC / 3,050 SF
CountyProvidence County

Location

Listing Courtesy of RE/MAX Preferred

Sold By RE/MAX Town & Country

Add your commute

Building Information for 53 Raymond Street

Stories3Residences3Year Built1920Building Size-Lot Size0.07 AC / 3,050 SF

Payment Calculator

$2,463 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,992

Property Taxes

$471

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 53 Raymond Street

Summary
Location and General Information
  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Postal City: Providence
  • County: Providence
  • City: Providence
Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 9
Taxes and HOA Information
  • Tax Annual Amount: $5,650.00
  • Tax Assessed Value: 208800
  • Tax Lot: 318
  • Tax Year: 2020
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 0.07
  • Lot Size Area: 3050.0
  • Lot Size Square Feet: 3050.0
  • Lot Size Units: Square Feet
  • Building Area Total: 4,596.00
  • Parcel Number: 53RAYMONDSTPROV
  • Living Area Source: Public Records
Property and Assessments
  • Senior Community: No
  • Construction Materials: Drywall, Shingle Siding, Vinyl Siding
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Stories Total: 3
  • Year Built: 1920
  • Property Type: Residential Income
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 100 Amp Service
  • Heating: Gas, Hot Water, Steam
  • Heating: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination
Interior Features
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Basement: 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: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Features: Cable TV
  • Rooms Total: 15
MultiFamily
Income & Expenses
  • Operating Expense: $35,400
Unit 1
  • Unit Type Actual Rent 1: $950.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
Unit 2
  • Unit Type Actual Rent 2: $1,050.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
Unit 3
  • Unit Type Actual Rent 3: $950.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
Rental Information
Rent Information
  • Land Lease: false

Property History for 53 Raymond Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 53 Raymond Street

Taxable ValueLand$67,000Additions$280,700Total$347,700
Tax Record2023$6,380 ($532 / month)
Home Facts
Baths3Total Finished SqFt3,258 SqFtAbove Grade Finished SqFt3,258 SqFtUnfinished Basement SqFt1,086 SqFtStories3Lot Size2,869 SqFtStyleTriplexYear Built1920ZoningR-3CountyPROVIDENCEAPNPROV M:66 L:318

Schools near 53 Raymond Street

This home is within Providence School District.
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

Harry Kizirian 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.

Similar Homes

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Similar Sold Homes

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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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Preferred

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.