1 month on rocket

86 Federal St, Providence, RI, 02903

$650,000

Home List Price

$7,719*

Closing Credit

2 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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86 Federal St, Providence$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1880
HeatingBaseboard, Natural Gas, Other
CoolingDuctless
BasementYes
FireplaceNone
MLS #1353419
Lot Size0.07 Acres
StatusActive

About 86 Federal St

Location! Ideally situated in the desired enclave of Federal Hill, blending with the vibrant pulse of downtown Providence, this sale includes the adjoining lot at 90 Federal St, enhancing the value and potential investment opportunity to create a truly remarkable offering for a discerning buyer. Thoughtfully reimagined and skillfully renovated by 2019, this gem embodies meticulous attention to detail. Each unit marries historic charm and character with modern convenience, boasting wonderfully restored 1800s plank flooring, cleaned/sealed original brick walls/chimneys, jetted tubs, Bosch laundry units, and cozy kitchens adorned with granite countertops and stainless-steel appliances. The residence features individual on-demand, tankless heating and hot water systems, ductless air conditioning with additional supplemental heating if desired, electric utilities metered individually from the house, all enhancing comfort, efficiency, convenience and ease of management. An unfinished basement offers ample storage space, complemented by two separate locking storage cages for each unit, catering to the practical needs of the residents who will live here. Some additional highlights are a custom black walnut coffee bar in the 2nd floor unit, a new roof, privacy fence and ample off-street parking. Embrace the epitome of urban sophistication and enhance your lifestyle by booking a showing!

Property Details

Property Features

Property Information:

  • Year Built: 1880

Listing Office:

  • Office Name: Seaflower Property Group
  • Office Phone: (401) 200-8484

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior: Tub Shower, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Other
  • Cooling: Ductless

School Info

Assigned Schools Information:

  • Classical High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • W B Cooley & Academy Internationa, Public District Grades 9-12
  • Nathanael Greene Middle School, Public District Grades 6-8
  • Gilbert Stuart Middle School, Public District Grades 6-8
  • Roger Williams Middle School, Public District Grades 6-8
  • Carl G. Lauro Elementary School, Public District Grades KG-5
  • Harry Kizirian Elementary School, Public District Grades KG-5
  • William D'Abate Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $3,767
  • 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

86 Federal St vs Providence

42 DAYS ON ROCKET

+8 Days

$650,000

+$216.2K More

KEY TAKEAWAY

This property is $216.2K 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: #1353419

Listing Office:

  • Office Name: Seaflower Property Group
  • Office Phone: (401) 200-8484

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: 4/29/2024, 7:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,767$254,400
2019$6,248$254,400
2018$4,145$129,700
2017$4,145$129,700

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-2968224
2
/10

  • Carl G. Lauro Elementary School

  • 99 Kenyon St

  • 0.11 miles

  • Public District Grades KG-5

school-card-donut-2968225
1
/10

  • Harry Kizirian Elementary School

  • 60 Camden Ave

  • 1.06 miles

  • Public District Grades KG-5

school-card-donut-2968226
6
/10

  • William D'Abate Elementary School

  • 60 Kossuth St

  • 1.18 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2968227
4
/10

  • Nathanael Greene Middle School

  • 721 Chalkstone Ave

  • 0.93 miles

  • Public District Grades 6-8

school-card-donut-2968228
2
/10

  • Gilbert Stuart Middle School

  • 188 Princeton Ave

  • 1.22 miles

  • Public District Grades 6-8

school-card-donut-2968229
2
/10

  • Roger Williams Middle School

  • 278 Thurbers Ave

  • 1.78 miles

  • Public District Grades 6-8

High School

school-card-donut-2968230
9
/10

  • Classical High School

  • 770 Westminster St

  • 0.33 miles

  • Public District Grades 9-12

school-card-donut-2968231
2
/10

  • Central High School

  • 70 Fricker St

  • 0.43 miles

  • Public District Grades 9-12

school-card-donut-2968232
2
/10

  • W B Cooley & Academy Internationa

  • 182 Thurbers Ave

  • 1.81 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 $35,000. The most common annual income of people living in Providence, RI is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Providence›02903›86 Federal St

This home is located at 86 Federal St in Providence, RI and zip code 02903 in the Federal Hill neighborhood. This home, which was built in 1880, sits on a 0.07 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $650,000.

Over 46 listings were sold over their listed price in March 2024 in Providence, RI. In the same period over 22 listings were sold below the listed price and 22 listings were sold for the listed price. Between February 2024 and March 2024, Providence, RI real estate market has seen increase in the number of listings by 6.3%. In March 2024 median list price was $433,787 and the average listing age was 34 days.

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

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