15 Pallas Street
Providence, RI 02903
- 9 beds
- 3 baths
- 4,806 sqft
- 3,920 sqft lot
- $122 per sqft
- 1870 build
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Attention investors, here's a golden opportunity you won't want to miss! Nestled in a prime location in Federal Hill, this 3-unit multi-family building is a diamond in the rough, waiting for your expertise to shine. Perfectly situated within walking distance of the Providence Place Mall and The Amica Mutual Pavilion, this property offers unbeatable convenience and potential. Each unit features 3 spacious bedrooms and 1 bathroom, making them highly desirable for tenants. High ceilings throughout the building add a sense of spaciousness and grandeur. A fireplace in each unit adds character and charm, making it a cozy place to call home. What truly sets this property apart is its history. This is the first time it has been available on the market in 71 years, presenting a once-in-a-lifetime chance for savvy investors. While the property requires some TLC, it offers immense potential for the right buyer. This property is ideal for cash buyers, those considering a 203k loan, or rehab loan options. With the right vision and investment, you can transform this diamond into a lucrative income-producing asset. Don't let this remarkable investment opportunity slip through your fingers. With a little creativity and investment, you can unlock the full potential of this multi-family building and watch your returns grow. Act quickly to secure your piece of this prime Providence real estate.
Last checked:
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Last updated Jan 15, 2025
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MLS# 1343233 —
The Building
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Year Built:1870
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New Construction:false
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Building Area Total:4806.0
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Construction Materials:Drywall,Plaster,AluminumSiding
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Structure Type:Apartment
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Foundation Details:ConcretePerimeter
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Stories Total:3
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Basement:Full,InteriorEntry,Unfinished
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Basement:true
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Exterior Features:PavedDriveway
Interior
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Flooring:Hardwood,Laminate
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Fireplace:true
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Fireplaces Total:3
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Fireplace Features:Masonry
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:41.821268
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Longitude:-71.424493
The Property
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.09
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Lot Size Area:3920.0
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Lot Size Square Feet:3920.0
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Lot Size Units:SquareFeet
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Parcel Number:15PALLASSTPROV
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Zoning:C-1
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (978) 467-3661
- Office phone:
- (401) 580-9647
Taxes
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Tax Year:2022
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Tax Annual Amount:10573.0
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Tax Assessed Value:594000
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Tax Lot:259
Beds
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Bedrooms Total:9
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Gas,None
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Heating:false
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Cooling:None
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Cooling:false
Utilities
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Utilities:SewerConnected
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Electric:Amps100
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Sewer:Connected
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Water Source:Connected
Appliances
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Appliances:GasWaterHeater
The Community
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Subdivision Name:Federal Hill
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Senior Community:false
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Community Features:HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping
Parking
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Parking Total:6.0
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Parking Features:Attached,Garage
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Attached Garage:true
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Garage:true
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Garage Spaces:2.0
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Covered Spaces:2.0
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/1/23
Oct 1, 2023
|
Sold | RIMLS | $590,000 |
