CCertihomes
586 Smith, Providence, RI 02908

$529,000

7 beds 3 baths Built 1920Active

About this home

Great investment opportunity or perfect for an owner occupied with large family and wanting to create some extra income while renting out one unit. Located in desirable Smith Hill, blocks away from Providence College this property has great rental history perfect for someone wanting to add to their portfolio. Recently Painted exterior with large back lot for off street parking is an added bonus. The units are equipped with newer cabinets, granite countertops, freshly painted and vinyl flooring throughout. The house is conveniently located to downtown, train station and all major highways. Don't miss out on this great opportunity.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$6,925/mo

Real estate (PITI + HOA + PMI)
$4,875
Principal + interest$3,408
Property tax + insurance$1,269
PMI / 2nd mortgage$198
Utilities
$3,960
Heating + cooling$1,827
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$173
Car insurance + maintenance$173
Other (entertainment)
$140
$6,925/mo TLC
Budget$7,425/mo
Remaining after TLC$500/mo
Purchase price
$529,000
Down payment
$26,450 (5%)
Loan amount
$502,550
APR
7.19%

Quick facts

Type
Rental
Style
Year built
1920
Lot size
0.0551 ac
Stories
0
Heating
Natural Gas, Baseboard
Cooling
Wall Unit(s)
Water
Municipal
HOA
Annual tax
$5,182
MLS #
1356985
County
Providence

At a glance

Basement

Home features

Appliances
Gas Water Heater
Interior
Walls: Dry WallPlaster
Parking
No Garage
Flooring
Ceramic Tile, Vinyl
Sewer
Public Sewer

Neighborhood — 02908

MetricThis ZIPCountyUSA
Population36,7081,095,423299,088,112
Population Change Since199013.00%9.00%20.00%
Population Density11,648994
Male17,308529,266147,432,321
Female19,400566,157151,655,844
Never Married12,660266,40463,775,926
Married9,706435,678123,120,365
Separated2,57743,64212,639,686
Widowed1,88566,66815,467,586
Divorced2,48883,84323,075,029
Number Of House Hold12,803410,399111,826,380
Average House Hold Size2.582.562.60
Medial Age28.4837.2735.46
Median House Hold Income$34,818$47,553$48,276
Average House Hold Income$50,795$61,609$63,629
P C I$19,265$23,965$24,529
M D I$30,789$40,634$41,133
A T H E$43,773$49,940$50,898
S T R7.00%7.00%
W C J85.00%78.02%77.74%
(Zip) Code
2908

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 4/17/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.