$575,000
Estimated Payment$2,716/mo
Multi-Family For SaleUnder Contract

108 Spruce Street, Providence, RI 02903

Virtual Tour
6Beds
3Baths
Multi-Family Home In Federal Hill

Investor Special!! This home is zoned for Commercial, Residential and Short-term rental! Property provides you with first unit that offers an oversized bar, 1 bed and full bath! Unit 2 offers 3 bedrooms, spacious dining room, Open living room area and full bath! The unique Layout of both unit one & two have been combined together as a short-term Air bnb Rental! Within close proximity to Federal Hill, restaurants, entertainment and Providence nightlife, this short-term rental estimates around $100k cash flow a year! Unit 3 is currently occupied and offers an open concept layout with an open kitchen, two beds, dining and living room area along with 1 full bath! Unit 4 is not yet developed - however it gives you free range to complete and bring your vision to life! Do not miss out on this unique opportunity, schedule a showing today!

108 Spruce Street is a multi family-home located in Providence, the 02903 ZIP Code, and the Carl G. Lauro Elementary School, Nathanael Greene Middle School, and Classical High School attendance zones.

Schedule a Tour
108 Spruce Street
December3
December4
December5
December6
December7
December8
December9
December10
December11
December12
December13
December14
December15
December16
December17
December18
December19
December20
December21
December22
December23
Location
108 Spruce Street Providence, RI 02903
Home Details

Listing Details

General

  • Number of Buildings: 1
  • Total Number of Units: 3
  • Days On Market: 60

Business Details

  • Business Type: Other

    Interior Details

    Utilities

    • Heating Details: Gas, Steam
    • Heating: Yes
    • Electric Details: Circuit Breakers
    • Utilities: Sewer Connected

    Rooms

    • Basement: Yes
    • Full Bathrooms: 3
    • Total Rooms: 17
    • Basement Details: Full, InteriorEntry, Unfinished

    General

    • Flooring: CeramicTile, Hardwood
    • Appliances: Gas Water Heater

    Financial Details

    Tax Details

    • Assessed Tax Value: 351600
    • Annual Tax Amount: 8000

    Property Details

    Parking

    • Parking Features: No Garage
    • Other Parking: No Garage

    General

    • Water Source(s): Connected

      Construction Details

      • Construction Materials: Wood Siding

        MLS Details

        General

        • Days on Homes.com: 74
        • MLS Number: 1320387
        • Listed: 9/19/2022
        • Last Updated: 11/22/2022
        • Offered By: Century 21 The Seyboth Team
        • Listing Source: State-Wide Multiple Listing Service
        Monthly Payment Calculator

        $2,716

        Estimated Mortgage
        Principal & Interest
        $1,939
        Insurance
        $201
        Taxes
        $575
        Mortgage Insurance
        $0
        i
        Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
        i
        If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
        Price History
        • DateEventPrice
        • 11/08/2022$24,000$575,000
          Source: State-Wide Multiple Listing Service
        • 09/19/2022listed$599,000
          Source: State-Wide Multiple Listing Service
        Nearby Schools
        School data provided by GreatSchools
        i
        The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
        Points of Interest

        Airports

        Distance
        • T. F. Green
          11.3 mi

        Colleges

        Distance
        • C.C. of Rhode Island, Downcity
          0.9 mi
        • Johnson & Wales Univ Downcity
          0.9 mi
        • Rhode Island School of Design
          1.5 mi

        Military Bases

        Distance
        • Rhode Island National Gaurd
          21.3 mi
        • US Military Reservation
          42.3 mi

        Parks and Recreation

        Distance
        • Providence Children's Museum
          1.4 mi
        • Roger Williams National Memorial
          1.7 mi
        • Woonasquatucket River Greenway - Riverside Park
          1.6 mi
        • Ladd Observatory
          2.5 mi

        Shopping Centers

        Distance
        • Eagle Square
          0.6 mi
        • Providence Place
          1.0 mi
        Listing Agent
        Century 21 The Seyboth Team
        Century 21 The Seyboth Team
        Providence, RI
        Continue Your Search

        $575,000

        6 Beds3 Baths

        108 Spruce Street

        Providence, RI 02903

        Century 21 The Seyboth Team
        Century 21 The Seyboth Team