Under Contract

122 Hope Street

Providence RI, 02906

$2,250,000


$315.13 per sqft

Under Contract

8 Beds

5.5 Baths

7,140 sqft

Multi-family

Built in 1823

"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!

1348177

MLS ID

November 15, 2023

Listed

March 31, 2024

Updated

Map

122 Hope Street
Providence RI, 02906

Interior Features

Total Stories

3


Bedrooms

8 Beds


Bathrooms

5.5 Baths


Interior Features

Attic, Permanent Attic Stairs, Tub Shower, Furnished


Appliances

Common Water Heater, Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer


Laundry Description

Common Area, In Unit


Floor Description

Ceramic Tile, Hardwood, Vinyl, Carpet


Fireplace

Yes


Fireplace Description

Insert, Gas, Masonry


Cooling

Yes


Cooling Description

Central Air, Ductless


Heating

Yes


Heating Description

Baseboard, Gas, Heat Pump, Individual, Zoned

Exterior/Building Features

Lot Size

0.35 Acres


Exterior Features

Porch, Patio, Sprinkler/Irrigation, Paved Driveway


Lot Features

Corner Lot, Sprinkler System


Sewer

Connected, Public Sewer

Other Property Details

Taxes

$15,007


Tax Frequency

Annually


Days on Market

134


Garage

Yes


Garage Spaces

3


Parking

Detached, Garage, Garage Door Opener


Parking Total

10


View

No


County

Providence


Water Source

Connected, Public


Pool

No


Waterfront

Yes


Zoning

R1 HD


Buyer Agency Compensation

2.5% VNS

Listing History

Date

Event

Price

3/30/2024

Under Contract

2/16/2024

Active

 

Courtesy of Compass

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Mott & Chace Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 1:11 AM UTC, 3/31/2024.

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