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    42 Desoto Street

    Providence, RI 02909
    • $198,755
    • STATUS: Active
    • ON SITE: 19 days
    • MLS #: 1267100
    UPDATED: 48 min ago
    $198,755
    • 4
      BEDS
    • 0.06
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 3,384
      SQFT
    • $59
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    This good size legal 2 family is priced to move in this market. Units have 2 bedrooms each. The overall condition is fair. Updating is needed. The 2nd floor unit is in much better condition than the 1st. The 3rd floor is 80% partially finished attic space. It was used at one time as another rental unit but was not legal and is empty now with the kitchen removed. Bath was finished but is not now. It has plumbing for full bath on the 3rd. Attic could be added to the 2nd floor to make a big townhouse unit for higher rents. It's located near the end of a dead end street. Vacant commercial land across the street. See attached files for legal info. Is ONLY permitted 2 family even though tax records indicate 3 units. Roof looks to be in ok shape. Parking is in the rear. NEW 6' wood stockade fence across the back of the lot. Seller is willing to pay ALL lender allowed buyer closing cost depending on offer price. The Seller is ALSO willing to work with any FHA buyers if there are items needed to be repaired in order to qualify for FHA financing. Real estate taxes are based on non occupant rate so actual taxes are higher than what an owner can get once recorded with the city. Property abuts the Woonasquatucket River and is in a flood zone and required flood insurance.

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    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-10-29T09:37:32.037.
    www.martonegroup.com/homes/110864119
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    42 Desoto Street Providence, RI 02909

    • Price: $198,755
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 1267100
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.06
    Acres
    3,384
    SQFT
    $59
    $/SQFT
    1920
    Built
    Neighborhood:
    Olneyville Off Valley St
    County:
    Providence
    Area:
    Providence
    Property Description
    This good size legal 2 family is priced to move in this market. Units have 2 bedrooms each. The overall condition is fair. Updating is needed. The 2nd floor unit is in much better condition than the 1st. The 3rd floor is 80% partially finished attic space. It was used at one time as another rental unit but was not legal and is empty now with the kitchen removed. Bath was finished but is not now. It has plumbing for full bath on the 3rd. Attic could be added to the 2nd floor to make a big townhouse unit for higher rents. It's located near the end of a dead end street. Vacant commercial land across the street. See attached files for legal info. Is ONLY permitted 2 family even though tax records indicate 3 units. Roof looks to be in ok shape. Parking is in the rear. NEW 6' wood stockade fence across the back of the lot. Seller is willing to pay ALL lender allowed buyer closing cost depending on offer price. The Seller is ALSO willing to work with any FHA buyers if there are items needed to be repaired in order to qualify for FHA financing. Real estate taxes are based on non occupant rate so actual taxes are higher than what an owner can get once recorded with the city. Property abuts the Woonasquatucket River and is in a flood zone and required flood insurance.
    Exterior Features

    Construction Materials DrywallPlasterBrickVinyl Siding Covered Spaces 0 Exterior Features Paved Driveway Foundation Details CombinationConcrete Perimeter Frontage Length 32 Garage YN No Parking Features None Parking Total 4

    Interior Features

    Appliances Electric Water HeaterGas Water HeaterOvenRangeRefrigeratorRange Hood Basement FullInterior EntryUnfinished Basement YN Yes Cooling None Fireplace YN No Fireplaces Total 0 Flooring CarpetOtherVinyl Heating BaseboardElectricGasHot Water Interior Features AtticInternal ExpansionPermanent Attic StairsTub Shower Window Features Thermal Windows

    Property Features

    Community Features Highway AccessPublic TransportationShopping Electric 100 Amp ServiceCircuit Breakers Land Lease YN No Laundry Features Common Area Operating Expense 2500 Property Sub Type Multi Family Senior Community YN No Sewer ConnectedPublic Sewer Tax Annual Amount 1770 Tax Assessed Value 94200 Tax Lot 335 Tax Year 2020 Tenant Pays Hot Water Utilities Sewer ConnectedWater Connected Water Source ConnectedPublic Zoning M1

    Listing information © 2020 State-Wide Multiple Listing Service.
    Listing provided courtesy of Homesmart Professionals.





    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-10-29T09:37:32.037.
     
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    Smithfield RI, 02917