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$2,250,000

Listing Price

8beds

5.5baths

7,140sqft

15,334sqft lot

122 Hope St, Providence, RI 02906

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  • Full foreclosure details

  • Home value, equity and ownership info

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For Sale

Pending

Off Market

Multi-Family

Home type

--

Price / sqft

1862

Year built

Home Details

"Rich folks live on Power, but most of us live off Hope" ~ excerpted from the iconic cartoon designed by John Peck (1978). Located at the corner of Power and Hope Streets, this signature 6-unit Victorian Mansard home is available for the first time in almost 50 years. The Underwood-Hale Durfee House ca. 1823 has been beautifully restored and impeccably maintained by its current owner/resident. Period details abound: multiple stained glass windows, lovely millwork and built-ins, pocket doors and a towering belvedere served by an internal stairway. Roofs have been recently replaced, exterior painted, updated mechanicals, A/C. Carefully landscaped gardens provide a secluded and spacious oasis on an expansive 15,000+ SF lot with 3-car garage plus ample parking. Truly an exceptional opportunity! Please Note: A Conservation Easement protects the open area of the property. Further information is available upon request. (Also: MLS limits data entry to a max of 4 units; the property is a legal 6-unit and currently used as a 5-unit in order to preserve the owner-occupied Homestead Exemption) NOTE: Owner-occupancy in R-1 district allows for short-term rentals yielding a very generous income stream!

Interior Details

Square Feet
  • 7140

Bedrooms
  • 8

Bathrooms
  • 5.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Steam

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    Yes

Property Details

Lot Size
  • 15334

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Basement

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    10

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 3

Style
  • Two Family

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Mansard

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$19,790

$292,800

$513,000

--%

$805,800

2019

$19,790

$292,800

$513,000

--%

$805,800

2018

$22,187

$269,800

$424,400

--%

$694,200

2017

$22,187

$269,800

$424,400

--%

$694,200

2016

$22,187

$269,800

$424,400

--%

$694,200

2014

$20,044

$269,800

$324,100

--%

$593,900

2013

$20,044

$269,800

$324,100

--%

$593,900

2011

$23,098

$403,300

$321,000

--%

$724,300

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Average Home Price in 02906

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$2,250,000

8 Beds

5.5 Baths

7,140 Sqft

15,334 Lot (sqft)

Sold 11/15/2023

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Household Income
70,000
$
Home price
2,250,000
$
Down payment
450,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
13,500
$
HOA (Monthly)
0
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PMI
0
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$14,565
Your Payment
Total Monthly Payment:$14,565
Percent of Income:250%
Affordable:No
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Details for 122 HOPE ST

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Current Owner

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