562 Hope Street

East Side Of Providence, RI 02906

$599,000
Price
5
Beds
3
Baths
5,220 Sq. Ft.
$115 / Sq. Ft.
5,220
Sq. Ft.
$115
per Sq. Ft.

Description

Welcome home to beautiful Hope. Location, location, location! Owner occupy or enjoy the benefits of East Side rental income. This large 3 family home boasts nearly 3000 sq ft of livable space. Built in 1900, you'll find a beautiful brick exterior with stained glass windows and charming period details throughout. Sitting on the perfect corner lot, you can enter through the newly updated front porch or via the back entrance beside off street parking and a charming 2 car garage. Inside the first 2 units,...

Property Details for 562 Hope Street

Subdivision Name
Hope

Location

Listing Courtesy of Keller Williams Realty NRI

Property Details for 562 Hope Street

StatusActive Under Contract
MLS #1284075
Days on Market31
Taxes$6,097 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.11 AC / 4,792 SF
CountyProvidence County

Contact a Compass agent

Location

Listing Courtesy of Keller Williams Realty NRI

Building Information for 562 Hope Street

Stories3Residences3Year Built1900Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$2,516 per month

30 year fixed, 2.95% Interest

Principal and Interest

$2,007

Property Taxes

$508

HOA Dues

$0

Property Information for 562 Hope Street

Summary
    Location and General Information
  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Postal City: East Side of Providence
    Parking
  • Attached Garage: No
  • Covered Spaces: 2
  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Garage
  • Parking Total: 8
    Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $6,097.00
  • Tax Assessed Value: 496500
  • Tax Lot: 160
  • Tax Year: 2020
Property
    Lot Information
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Area: 4791.6
  • Lot Size Square Feet: 4792.0
  • Building Area Total: 5,220.00
  • Parcel Number: 562HOPESTESID
  • Living Area Source: Public Records
    Property and Assessments
  • Senior Community: No
  • Construction Materials: Drywall, Plaster, Brick
  • New Construction: No
  • Number Of Buildings: 2
  • 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: 200+ Amp Service
  • Electric On Property: Yes
  • Heating: Gas, Steam
  • Heating: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
    Exterior Features
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone
  • Patio And Porch Features: Porch
    Interior Features
  • Appliances: Dishwasher, 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: 5
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood
  • Interior Features: Bathtub, Tub Shower
  • Laundry Features: Common Area
  • Rooms Total: 14
MultiFamily
    Income & Expenses
  • Operating Expense: $32,000
    Unit 1
  • Unit Type Description 1: 12 mo expiring 7/31
  • Unit Type Actual Rent 1: $1,625.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
    Unit 2
  • Unit Type Description 2: month to month
  • Unit Type Actual Rent 2: $1,050.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
    Unit 3
  • Unit Type Description 3: month to month
  • Unit Type Actual Rent 3: $900.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
Rental Information
    Rent Information
  • Land Lease: false

Property History for 562 Hope Street

DateEvent & SourcePriceAppreciation
Jul 14, 2021

Contract Out

STATEWIDEMLS #1284075

Jul 5, 2021

Price Change

STATEWIDEMLS #1284075

$599,000
Jun 13, 2021

Listed (Active)

STATEWIDEMLS #1284075

$679,000
DateEvent & SourcePrice
07/14/2021

Contract Out

STATEWIDEMLS #1284075

07/05/2021

Price Change

STATEWIDEMLS #1284075

$599,000
06/13/2021

Listed (Active)

STATEWIDEMLS #1284075

$679,000

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

Public Records for 562 Hope Street

Taxable ValueLand$203,200Additions$293,300Total$496,500
Tax Record2020$12,194 ($1,016 / month)
Home Facts
Baths3Total Finished SqFt3,160 SqFtAbove Grade Finished SqFt2,987 SqFtFinished Basement SqFt173 SqFtUnfinished Basement SqFt1,265 SqFtStories2Lot Size4,742 SqFtStyleTriplexYear Built1900ZoningR2CountyPROVIDENCEAPNPROV M:6 L:160

Schools near 562 Hope Street


SchoolTypeGradesDistanceRating
Martin Luther King El. SchoolPublicPK-50.1 mi
4
The Providence Center SchoolPrivatePK-120.2 mi
NR
Holy Name of Jesus SchoolPrivateK-80.2 mi
NR
360 High SchoolPublic9-100.2 mi
2

Martin Luther King El. School

PK-5, 0.1 mi, Public

4

The Providence Center School

PK-12, 0.2 mi, Private

NR

Holy Name of Jesus School

K-8, 0.2 mi, Private

NR

360 High School

9-10, 0.2 mi, Public

2

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 Keller Williams Realty NRI

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