$1,100,000
$1,100,000
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61 DePasquale AVE Providence, RI 02903
4 Beds
4 Baths
3,507 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,507 sqft
Price per Sqft $313
Subdivision Federal Hill
MLS Listing ID 1402856
Sold Date 05/04/26
Style Stacked
Bedrooms 4
Full Baths 2
Half Baths 2
HOA Y/N No
Abv Grd Liv Area 3,507
Year Built 1900
Annual Tax Amount $20,645
Tax Year 2025
Lot Size 1,350 Sqft
Acres 0.031
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity in the heart of Federal Hill's iconic DePasquale Plaza with excellent rental history. First floor tenant is in year 4 of a five year lease with rental renewal options. The restaurant offers access to an outdoor dining area, where the ambiance of DePasquale Plaza is unmatched, especially in the summer months. The second-floor apartment features an updated eat-in kitchen with stainless steel appliances, a renovated bathroom, in unit laundry, living room, and two generously sized bedrooms. The third-floor apartment offers two-story loft living. The main level includes an updated kitchen and bathroom with laundry, open living area, and one bedroom. The second-level loft serves as a spacious primary bedroom. The young roof and all major mechanical system updated within the past few years make this a turn-key mixed-use investment in one of Providence's most vibrant and high-demand locations.
Location
State RI
County Providence
Community Federal Hill
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Forced Air, Gas
Cooling Central Air
Flooring Ceramic Tile, Hardwood
Fireplace No
Appliance Gas Water Heater
Laundry In Unit
Exterior
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
Utilities Available Sewer Connected
Garage No
Building
Foundation Combination, Stone
Sewer Connected, Public Sewer
Water Connected, Public
Architectural Style Stacked
Structure Type Other
New Construction No
Others
Senior Community No
Tax ID 61DEPASQUALEAVPROV
Financing Conventional
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Bought with Churchill & Banks Co., LLC
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