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664 Plainfield St, Providence, RI, 02909

$1,100,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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664 Plainfield St, Providence$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1909
HeatingBaseboard, Natural Gas
CoolingNone
BasementYes
MLS #1353690
Lot Size0.12 Acres
StatusActive

About 664 Plainfield St

Incredibly rare investment opportunity in Providence, a unique dual-building parcel. Nestled in the heart of Providence, this exceptional property presents a rare chance for discerning investors. Boasting two distinct buildings on a single lot, this offering combines immediate income potential with future growth prospects. The first building is completely occupied, housing 2 commercial units and 3 residential dwellings. Meanwhile, the second building is currently in the construction stage, about 70% completed and will also have 2 commercial units with 4 residential dwellings. With a total of eleven units spread across both buildings, the potential for substantial profitability is undeniable. The completed, corner building includes 3 three-bedroom units that are updated and properly maintained with 2 storefront units currently operating. Unfinished building pro forma rent is $9,000. NOI is $160,000. Seize this opportunity to diversity your portfolio and capitalize on Providence's real estate market.

Property Details

Property Features

Property Information:

  • Year Built: 1909

Listing Office:

  • Office Name: Century 21 The Seyboth Team
  • Office Phone: (401) 415-8527

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Mount Pleasant High School, Public District Grades 9-12
  • Dr. Jorge Alvarez High School, Public District Grades 9-12
  • Central 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
  • Frank D. Spaziano Elementary School, Public District Grades 2-5
  • Anthony Carnevale Elementary School, Public District Grades PK-5
  • Webster Avenue School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $7,799
  • 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

$433.7K

Med. Price/SqFt

$260

Avg. Days On Market

34

# of Sold Homes

90

664 Plainfield St vs Providence

58 DAYS ON ROCKET

+24 Days

$1,100,000

+$666.2K More

KEY TAKEAWAY

This property is $666.2K 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: #1353690

Listing Office:

  • Office Name: Century 21 The Seyboth Team
  • Office Phone: (401) 415-8527

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: 4/27/2024, 9:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2014Home Sold
$65,000
Apr 28, 1997Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,799$212,500
2019 - $185,700
2018 - $169,300
2017 - $169,300

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-1160488
5
/10

  • Frank D. Spaziano Elementary School

  • 85 Laurel Hill Ave

  • 0.33 miles

  • Public District Grades 2-5

school-card-donut-1160489
2
/10

  • Anthony Carnevale Elementary School

  • 50 Springfield St

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-1160490
5
/10

  • Webster Avenue School

  • 191 Webster Ave

  • 0.61 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1160491
1
/10

  • Governor Christopher Delsesto

  • 152 Springfield St

  • 0.48 miles

  • Public District Grades 6-8

school-card-donut-1160492
2
/10

  • Gilbert Stuart Middle School

  • 188 Princeton Ave

  • 1.83 miles

  • Public District Grades 6-8

school-card-donut-1160493
4
/10

  • Nathanael Greene Middle School

  • 721 Chalkstone Ave

  • 2.15 miles

  • Public District Grades 6-8

High School

school-card-donut-1160494
1
/10

  • Mount Pleasant High School

  • 434 Mount Pleasant Ave

  • 1.92 miles

  • Public District Grades 9-12

school-card-donut-1160495
1
/10

  • Dr. Jorge Alvarez High School

  • 375 Adelaide Ave

  • 2.00 miles

  • Public District Grades 9-12

school-card-donut-1160496
2
/10

  • Central High School

  • 70 Fricker St

  • 2.09 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 $52,337. The majority of Providence, RI residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Providence›02909›664 Plainfield St

This home is located at 664 Plainfield St in Providence, RI and zip code 02909 in the Hartford neighborhood. This home, which was built in 1909, sits on a 0.12 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $1,100,000.

In March 2024 more than 46 listings in Providence, RI were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 22 were sold below. The number of homes for sale in Providence, RI increased by 6.3% between February 2024 and March 2024. Listings spent 34 days on the market in March 2024, and had a median list price of $433,787 during the same period.

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

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