13 days on rocket

Sale Pending

55 Bourne Ave, East Providence, RI, 02916

$350,000

Home List Price

$4,156*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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55 Bourne Ave, East Providence$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1910
HeatingNatural Gas, Steam
CoolingNone
BasementYes
FireplaceNone
MLS #1357084
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 55 Bourne Ave

Welcome to 55-57 Bourne Ave, Rumford! This two-family home, nestled on a corner lot, presents an incredible investment opportunity for those with a vision. With TLC and updating, this property has the potential to shine once again. Each unit offers generous living areas, providing comfort and versatility for tenants or future owners. Walk-up attic allows for potential future expansion of living area. The corner lot location ensures ample natural light throughout the day, creating a warm and inviting atmosphere. Located in the desirable Rumford neighborhood, residents enjoy convenient access to local amenities, schools, parks, and transportation options. Whether you're looking to invest in rental income or transform this property into your dream home, 55-57 Bourne Ave offers endless potential. Don't miss out on the chance to breathe new life into this promising property. **ALL OFFERS DUE BY MONDAY @ 10:00am.

Property Details

Property Features

Property Information:

  • Year Built: 1910

Listing Office:

  • Office Name: Century 21 Topsail Realty
  • Office Phone: (401) 683-4900

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate
  • Interior: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony, Porch

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
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Housing Market Comparison

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

Med. Sold Price

$409.3K

Med. Price/SqFt

$263

Avg. Days On Market

20

# of Sold Homes

34

55 Bourne Ave vs East Providence

13 DAYS ON ROCKET

-7 Days

$350,000

-$59.3K Less

KEY TAKEAWAY

This property is $59.3K less than the Median Sold Price in East Providence, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1357084

Listing Office:

  • Office Name: Century 21 Topsail Realty
  • Office Phone: (401) 683-4900

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: 5/2/2024, 9:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,814

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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.

Nearby Schools

school-card-donut-5017612
7
/10
  • Myron J. Francis Elementary School

  • 64 Bourne Ave

  • 0.07 miles

  • Public District Grades KG-5

school-card-donut-5017613
6
/10
  • Orlo Avenue School

  • 25 Orlo Ave

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-5017614
7
/10
  • Mildred Aitken School

  • 165 Newman Ave

  • 1.30 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,172. The most common annual income of people living in East Providence, RI is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesRhode IslandProvidence CountyEast Providence0291655 Bourne Ave

This home is located at 55 Bourne Ave in East Providence, RI and zip code 02916. This home, which was built in 1910, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $350,000.

While more than 22 listings in East Providence, RI in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in East Providence, RI between March 2024 and April 2024 increased by 0.9%. While the average time on the market in April 2024 was 20 days, the median list price was $409,394.

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

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