103 B Evergreen Lot B Street
Providence, RI 02906
- – beds
- – baths
- – sqft
- 2,967 sqft lot
Entitled Lot in Mount Hope-Approved for 3 Unit MultiFamily Development. Rare opportunity to build in the heart of the Mount Hope Neighborhood. This entitled lot is approved for the development a 3 or 4 unit MultiFamily building. It is currently designed as a 3 -unit apartment building with each unit thoughtfully planned at approximately 1,030 sq.ft. with 3 bedrooms, 2 baths and one off-street parking space per unit. The 4th unit would not require an additional parking space so the plan can remain proposed. The site also features outdoor space for a patio, fire pit, and or garden. Given a 3-unit structure already requires an automatic sprinkler system, adding a 4th unit would modestly increase construction costs(primarily one additional kitchen and bathroom) while significantly enhancing rental income. As currently projected to rent approximately $3,400/month rental income, offering strong returns in high demand rental market. Enjoy the best of city living-just a short walk to a vibrant mix of coffee shops, restaurants and boutiques that make Mount Hope such a popular destination. While entitlement supports a multifamily development, the lot is also well-suited for a 2-family or single family home offering flexibility for developers and end users alike. Architectural plans and permit drawings will still need to be created for submittal. This is an ideal project for a developer looking to capitalize on shovel-ready opportunity in prime location.
Last checked:
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Last updated Apr 5, 2025
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MLS# 1381711 —
The Building
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New Construction:false
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Development Status:FinishedLots
Location
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Latitude:41.844898
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Longitude:-71.402258
The Property
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Property Type:Land
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Lot Features:Level
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Lot Size Acres:0.0681
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Lot Size Area:2967.0
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Lot Size Square Feet:2967.0
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Lot Size Units:SquareFeet
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Parcel Number:103BBEVERGREENLOTBSTPROV
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Zoning Description:Multi-Family,Residential
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Topography:Level
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Frontage Length:20
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 640-0403
- Office phone:
- (401) 351-2017
Taxes
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Tax Year:2025
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Tax Annual Amount:1538.0
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Tax Assessed Value:147400
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Tax Lot:521
The Listing
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Virtual Tour URL Unbranded:https://tour.RiLiving.com/103-Lot-B-Evergreen-Street-Providence-RI-02906
Utilities
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Utilities:NaturalGasAvailable,WaterNotAvailable
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Water Source:None
The Community
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Subdivision Name:EAST SIDE
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Senior Community:false
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Community Features:HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,Sidewalks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/4/25
Apr 4, 2025
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Listed / Active | RIMLS | $350,000 |
