Price Reduction
42 DeSoto Street Providence, RI
$ 158,755
Property Attributes
  • MLS#1272566
  • TypePending
  • CityProvidence
  • AreaProvidence
  • NeighborhoodOlneyville off Valley St
  • Zip02909
  • StyleMulti Family
  • Year Built1920
  • Taxes1770
  • Price$ 158,755
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3384
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
HomeSmart Professionals
Property Description

Drastic Price Reduction. Seller wants fast AS IS CASH SALE. Seller will not consider any offer that is subject to financing in any way. 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.

Price History
1/2/2021 Listed $188,755
1/6/2021 16% - $158,755

General Features

Appliances Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Range Hood
Community Features Highway Access, Public Transportation, Shopping
Construction Materials Drywall, Plaster, Brick, Vinyl Siding
Cooling None
Electric 100 Amp Service, Circuit Breakers
Exterior Features Paved Driveway
Flooring Carpet, Hardwood, Other, Vinyl
Heating Baseboard, Electric, Gas, Hot Water
Interior Features Attic, Internal Expansion, Permanent Attic Stairs, Tub Shower
Parking Features None
Property SubType Multi Family
Property Type Residential Income
Sewer Connected, Public Sewer
Subdivision Name Olneyville off Valley St
Total Units 2
Utilities Sewer Connected, Water Connected
Zoning M1

Interior Features

Above Grade Finished Area 3384
Basement Full, Interior Entry, Unfinished
Full Baths 2
Heating Y/N Yes
Laundry Features Common Area
Total Baths 2
Total Bedrooms 4
Total Rooms 10
Window Features Thermal Windows

Exterior Features

Foundation Details Combination, Concrete Perimeter
Frontage Length 32
Lot Size Acres 0.06
Lot Size Area 2700
Lot Size Square Feet 2700
Number of Buildings 1
Total Parking 4
Water Source Connected, Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 02909

AVG $280K
AVG $11,404
AVG 22
Year Built
AVG 1939
AVG 72
Data Provided by Walkscore ® not using MLS data

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