Welcome to 419-421 Orms Street, a well-maintained three-family home that is a solid addition to any investor's portfolio. Each unit offers a comfortable layout with plenty of natural light, while newer mechanicals provide added peace of mind. In addition, each unit has its own set of kitchen appliances (dishwasher, refrigerator, oven/range, & microwave), heating system, hot water tank, & electrical panel. Common electric & common water/sewer are paid for by the owner. The property has a great overall feel and has been cared for over the years, making it easy to settle in and enjoy. There is an unfinished attic with attic stairs, that could easily be transformed into more living square footage, with endless possibilities! Ideally located in Providence with convenient access to restaurants, shopping, major highways, and all that the city has to offer. A rare opportunity to own a turnkey three-family with the updates and convenience today's buyers are looking for.
Smith Hill, located between Downtown Providence and the Wanskuck area, is a historic and hillside Providence neighborhood with grand civic landmarks and compact residential blocks. The neighborhood’s character concentrates around Smith Street at Chalkstone Avenue, where corner markets, takeout counters, and small storefronts line the slope toward the State House. Federal Hill’s Atwells Avenue sits at the edge, adding a well-known dining corridor to the daily streetscape. The Rhode Island State House crowns the hill with a marble dome visible from many blocks. Rowhouses and triple-deckers mix with institutional architecture near Providence College’s campus edge. Side streets step down toward the Providence Place area and the river crossings.
Provided by Walk Score and Local Logic
Offer insights
419 421 Orms St · $629,000
$651K and above
75% chance or better to win
Why $651K+ is a strong offer
DAYS ON MARKET
27 days
The average home goes pending in 29 days.
SALE-TO-LIST
100.9%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Attic with permanent attic stairs
Internal expansion
Interior steps
Storage
Tub/shower
Bedrooms
Three 2-bedroom units (one leased through 5/31/27; two leased through 12/31/26)
Bathrooms
Three full bathrooms (one per unit)
Kitchen
Oven
Range
Microwave
Dishwasher
Refrigerator
Laundry & utility
Washer and dryer included
Common area laundry
Gas water heater
Water heater
Flooring
Ceramic tile
Laminate
Heating & cooling
Hot water baseboard heating
Gas heating
Exterior features
Paved driveway
Corner lot
45 ft frontage
Home design
3-story multifamily building
Single building containing 3 units
R-4 zoning
Parking
No garage
Total of 4 parking spaces
Construction
Vinyl siding
Drywall exterior/finish
Combination foundation
Above-grade finished area reported
Utilities
Public water (connected)
Public sewer (connected)
Electric with circuit breakers and separate meters
HOA & community
Community offers highway access, nearby hospital, schools, public transportation, recreation area, restaurants, shopping and sidewalks
Financial info
Operating expenses reported
Other
Tenants pay hot water
Electricity and solar
View estimated energy costs and solar savings for this home
RECENTLY FIRE DAMAGED. LARGELY GUTTED 3 FAMILY TO BE SOLD AS IS. NO COPPER, HEAT, KITCHENS OR BATHS. NEW ROOF. LEGAL USE IS 3 FAMILY AND STOREFRONT. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.
RIS #552331
Dec 17, 2005
Listing Removed
—
Sep 19, 2005
Listed
$282,000
$96/sq ft
RIS #117715
May 4, 2002
Listing Removed
—
Nov 12, 2001
Listed
$79,000
$27/sq ft
RIS #814448
Nov 16, 1998
Listing Removed
—
Aug 3, 1998
Listed
$25,000
$9/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Providence County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 12, 2023.
R-3
Residential District
The R-3 Residential District is intended for higher density residential areas of detached single-family, twofamily, and three-family residential development, as well as rowhouse development. Limited nonresidential uses, which are compatible with surrounding residential neighborhoods, may be allowed.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Educational/school
Fire house
Police station
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
6/10 Wind Factor
70% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Providence, RI • 02908
Average low and high temperatures (°F)
35
22
36
23
51
34
60
42
68
52
80
63
83
67
79
62
74
59
65
48
54
39
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 8% for direct sun exposure in Providence. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 419 421 Orms St
$628,184
$816 under list price of $629K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $605K to $705K.