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122 Hope Street

Providence, RI 02906
  • $1,880,000
  • STATUS: Closed
  • ON SITE: 332 Days
  • MLS #: 1348177
Sold - 05/29/2024
$1,880,000
SOLD - 05/29/2024
  • 8
    BEDS
  • 0.35
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 7,140
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1823
County:
Area:

School Ratings & Info

Description

"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!

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-14T23:37:46.517.
www.onshorerealtors.com/homes/145331759
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122 Hope Street Providence, RI 02906

  • Price: $2,250,000
  • Status: Closed
  • On Site: 332 Days
  • MLS #: 1348177
8
Beds
5
Baths
1
½ Baths
0.35
Acres
7,140
SQFT
$0
$/SQFT
1823
Built
Neighborhood:
Fox Point
County:
Providence
Area:
Providence
Property Description
"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!
Exterior Features

Construction Materials Drywall Plaster Clapboard Wood Siding Covered Spaces 3 Door Features Storm Door(s) Exterior Features Porch Patio Sprinkler / Irrigation Paved Driveway Fencing Fenced Foundation Details Combination Garage YN Yes Lot Features Corner Lot Sprinkler System Parking Features Detached Garage Garage Door Opener Parking Total 10 Patio And Porch Features Patio Porch Waterfront Features Walk to Water

Interior Features

Appliances Common Water Heater Dryer Dishwasher Gas Water Heater Microwave Oven Range Refrigerator Water Heater Washer Basement Exterior Entry Full Interior Entry Partially Finished Basement YN Yes Cooling Central Air Ductless Cooling YN Yes Fireplace Features Insert Gas Masonry Fireplace YN Yes Fireplaces Total 2 Flooring Ceramic Tile Hardwood Vinyl Carpet Furnished Furnished Heating Baseboard Gas Heat Pump Individual Zoned Heating YN Yes Interior Features Attic Permanent Attic Stairs Tub Shower Furnished Window Features Storm Window(s)

Property Features

Attached Garage YN No Buyer Financing Other Community Features Highway Access Marina Near Schools Public Transportation Shopping Sidewalks Electric 100 Amp Service Circuit Breakers220 Volts Green Location Public Transportation Walkability Human Modified YN No Inclusions Hot water supply for all units is paid by Owner 2 A: heatelectric and hot water are included in rent (currently vacant) Units G2 B and 3 are furnished rentals Exclusions: tall mirror w /gold framebrass drapery rods and drapes ( Unit 1) Unit 1 and 2 A will be delivered vacant at closing Property has preservation easement to restrict development Land Lease YN No Laundry Features Common Area In Unit New Construction YN No Operating Expense 25000 Owner Pays Hot Water Property Sub Type Multi Family Security Features Security System Owned Senior Community YN No Sewer Connected Public Sewer Structure Type Apartment Tax Annual Amount 15007 Tax Assessed Value 1434800 Tax Lot 185 Tax Year 2023 Utilities Sewer Connected Water Source Connected Public Zoning R1 HD

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Compass: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-14T23:37:46.517.
 
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