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Backup Offers

532 Union Ave, Providence, RI, 02909

$650,000

Home List Price

$7,719*

Closing Credit

10 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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532 Union Ave, Providence$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1928
HeatingBaseboard, Natural Gas, Other
CoolingNone
BasementYes
FireplaceNone
MLS #1357065
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 532 Union Ave

Here's the four-unit property you have been waiting for. Nestled in this vibrant city, it represents a unique opportunity for investors and creative minds alike. Bring your vision and transform this property into a high income producing investment. The 2 front units are 3 bedrooms each and the 2 back units are 2 bedrooms each offering opportunity for your tenants to pay most if not all of your mortgage. Conveniently located near shopping centers, laundry mats and plenty of dining options. Tenants pay their own utilities. Seller is planning on a 1031 exchange.

Property Details

Property Features

Property Information:

  • Year Built: 1928

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

Interior Features

Interior Information:

  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate, Vinyl
  • Interior: Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Other
  • Cooling: None

School Info

Assigned Schools Information:

  • Dr. Jorge Alvarez High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Classical High School, Public District Grades 9-12
  • Governor Christopher Delsesto, Public District Grades 6-8
  • Gilbert Stuart Middle School, Public District Grades 6-8
  • Nathanael Greene Middle School, Public District Grades 6-8
  • Webster Avenue School, Public District Grades KG-5
  • Frank D. Spaziano Elementary School, Public District Grades 2-5
  • Anthony Carnevale Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $2,723
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Providence, RI.

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Providence, RI

City

Med. Sold Price

$443.2K

Med. Price/SqFt

$263

Avg. Days On Market

30

# of Sold Homes

109

532 Union Ave vs Providence

13 DAYS ON ROCKET

-17 Days

$650,000

+$206.7K More

KEY TAKEAWAY

This property is $206.7K more than the Median Sold Price in Providence, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1357065

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 01, 2020Home Sold
$322,000
Nov 15, 2016Home Sold
$184,000
Feb 16, 2012Home Sold
$31,500
Aug 27, 2007Home Sold
$325,000
Jun 29, 2007Home Sold
$155,000
Jun 20, 2003Home Sold
$219,000
Nov 05, 2001Home Sold
$165,000
Jul 03, 2001Home Sold
$85,000
Dec 23, 1996Home Sold
$105,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,723$184,800
2019$4,539$184,800
2018$5,040$157,700
2017$5,040$157,700

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4363286
5
/10

  • Webster Avenue School

  • 191 Webster Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-4363287
5
/10

  • Frank D. Spaziano Elementary School

  • 85 Laurel Hill Ave

  • 0.64 miles

  • Public District Grades 2-5

school-card-donut-4363288
2
/10

  • Anthony Carnevale Elementary School

  • 50 Springfield St

  • 0.87 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4363289
1
/10

  • Governor Christopher Delsesto

  • 152 Springfield St

  • 0.98 miles

  • Public District Grades 6-8

school-card-donut-4363290
2
/10

  • Gilbert Stuart Middle School

  • 188 Princeton Ave

  • 1.49 miles

  • Public District Grades 6-8

school-card-donut-4363291
4
/10

  • Nathanael Greene Middle School

  • 721 Chalkstone Ave

  • 2.32 miles

  • Public District Grades 6-8

High School

school-card-donut-4363292
1
/10

  • Dr. Jorge Alvarez High School

  • 375 Adelaide Ave

  • 1.54 miles

  • Public District Grades 9-12

school-card-donut-4363293
2
/10

  • Central High School

  • 70 Fricker St

  • 1.94 miles

  • Public District Grades 9-12

school-card-donut-4363294
9
/10

  • Classical High School

  • 770 Westminster St

  • 2.03 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,149. The most common annual income of people living in Providence, RI is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Providence›02909›532 Union Ave

This home is located at 532 Union Ave in Providence, RI and zip code 02909. This home, which was built in 1928, sits on a 0.11 acre lot. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $650,000.

Providence, RI housing market in April 2024 saw over 57 listings sold above listed price, more than 21 sold at listed price and over 31 sold below. Between March 2024 and April 2024, Providence, RI real estate market has seen increase in the number of listings by 9.7%. In April 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $443,222.

From Rocket Homes Real Estate and based on county public records data.

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