122 Elmgrove Avenue

Providence, RI 02906

$1,199,000
Price
7
Beds
4
Baths
3,780 Sq. Ft.
$317 / Sq. Ft.
3,780
Sq. Ft.
$317
per Sq. Ft.

Description

Welcome to the East Side of Providence. This stunning, newly renovated 4-Family home is located in the heart of the 02906, and features a lovely backyard area. The property features new olive green vinyl siding, black window accents, forced air, central a/c, new floors, new electric, new plumbing, quartz counters, and stainless steel appliances. Minutes from Brown University, major highways, shopping and restaurants, this property is an incredible investment. Currently fully rented, grossing $8,300...Welcome to the East Side of Providence. This stunning, newly renovated 4-Family home is located in the heart of the 02906, and features a lovely backyard area. The property features new olive green vinyl siding, black window accents, forced air, central a/c, new floors, new electric, new plumbing, quartz counters, and stainless steel appliances. Minutes from Brown University, major highways, shopping and restaurants, this property is an incredible investment. Currently fully rented, grossing $8,300 per month; there is room for growth. Use this as an investment, or occupy a unit and rent out the rest to offset the cost of living. This property is completely turn-key, and features off and on-street parking. First floor unit has in-unit washer and dryer. The second floor units share washer/dryer on second floor. Fourth unit has access to laundry in basement.
  1. Listed by The WP Group • Smith and Oak Real Estate Co.
    P: (401)-281-8491 Admin@TheWPGroup.org

Property Details for 122 Elmgrove Avenue

Subdivision Name
East Side
Waterfront Features
Walk To Water
LISTING UPDATED: 10/09/2024 03:54 PM

Property Details for 122 Elmgrove Avenue

StatusPending
MLS #1366345
Days on Market51
Taxes$12,471 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1910
Lot Size0.09 AC / 4,000 SF
CountyProvidence County

Building Information for 122 Elmgrove Avenue

Stories3Residences4Year Built1910Building Size-Lot Size0.09 AC / 4,000 SF

Property Information for 122 Elmgrove Avenue

Summary
Location and General Information
  • City: Providence
  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Postal City: Providence
  • Postal Code: 02906
  • State Or Province: RI
  • Zoning: R-2
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 3
Taxes and HOA Information
  • Tax Annual Amount: $12,470.66
  • Tax Assessed Value: 679600
  • Tax Lot: 370
  • Tax Year: 2023
Property
Lot Information
  • Above Grade Fin SQFT: 3780.0
  • Building Area Total: 3780.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0918
  • Lot Size Area: 4000.0
  • Lot Size Square Feet: 4000.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 122124ELMGROVEAVPROV
  • Stories Total: 3
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1910
  • C L I P: 8,330,522,929
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick Mortar
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Fireplace Features: Masonry
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Heating: Forced Air, Gas, Heat Pump
  • Heating Y N: Yes
  • Interior Features: Tub Shower, Cable Tv
  • Laundry Features: Common Area, In Unit
  • Rooms Total: 16
Multi Family
Income & Expenses Information
  • Operating Expense: $9,960.00
Unit 1 Information
  • Actual Rent: $1,400.00
  • Unit Type Area: 1260.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $2,000.00
  • Description: Lease ends 05/31/2025
  • Unit Type Area: 630.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $2,200.00
  • Description: Lease ends 04/30/2025
  • Unit Type Area: 630.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $2,700.00
  • Description: Lease ends 12/31/2024
  • Unit Type Area: 1260.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No
  • Tenant Pays: Hot Water

Property History for 122 Elmgrove Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 122 Elmgrove Avenue

Taxable ValueLand$350,000Additions$329,600Total$679,600
Tax Record2023$12,471 ($1,039 / month)
Home Facts
Baths4Total Finished SqFt2,910 SqFtAbove Grade Finished SqFt2,910 SqFtUnfinished Basement SqFt1,260 SqFtStories2Lot Size4,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910ZoningR-2CountyPROVIDENCEAPNPROV M:39 L:370

Schools near 122 Elmgrove Avenue

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 - PK to 5
Rating
School
Distance
Charles N. Fortes Elementary School
PublicPK to 1

asa messer elementary school
PublicPK to 4

Pleasant View School
PublicPK to 5

Anthony Carnevale Elementary School
PublicPK 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 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Smith and Oak Real Estate Co.

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.