Back 511 Broadway
Off Market

511 Broadway

Providence RI 02909

6
3
6
4201 sq. ft.
5783 sq. ft.
Multi-Family
Last sold for $650,000
James DerentisJames Derentis, last sold this property on 30 August 2023 after -447 days on market.

Overview

This classic three flat is located on Broadway next to the Bell Street Chapel & Park. The building is zoned RP (Residential Professional) and allows a variety of uses. Most recently a chiropractor's office, the first floor unit has a double parlor and dining area with gleaming hardwood floors separated by handsome columns. There are two bedrooms and a full bath. There is an office at the back of the space plus a kitchen. Alternatively, use the full floor as your creative workspace. The second and third floors each have double parlors and dining areas, a kitchen and two bedrooms separated by a bath. There is ample off street parking behind the building and a side yard with a white split rail fence. The building is fire code compliant. An easy walk to all the West Side has to offer including restaurants, coffee shops, pubs and retail shops. Easy access to public transportation, the interstate and Downtown makes this highly desirable rental property a great live/work space or addition to your investment portfolio.

Features

6 bedrooms
3 bathrooms
6 carspaces
4201 sq. ft. floor area
5783 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Providence over the last 12 months, the estimated median property value of 511 Broadway is $625k.

Median value
$625k
Estimated value range
$350k - $865k
Median days on market
22
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Providence. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 511 Broadway

2023
Sold
$650,000
30 Aug 2023 by James Derentis, of Residential Properties, Ltd.

Happy sellers in Providence

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We have insufficient information to provide an overview of customer satisfaction for Providence. Viewing the agent profiles, reviews and sales for Providence can provide insights for this location.

Local market activity for 6 bedroom multi families in Providence

In the last 12 months, 42 six-bedroom multi families similar to 511 Broadway, have been sold.

This represents a 27% decrease in six-bedroom multi families sales when compared to the previous 12 months.

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