Calling multi-family investors and buyers! Here we have a great 3-unit property that was just refinished and updated. All the units feature three bedrooms and one bath. Each bathroom has been updated. The building has new LVP and finished hardwoods throughout. Stainless steel appliances in the kitchens. The electrical has been brought up to date with breaker panels installed in each unit. Also, there are new electric water heaters and gas boilers that were installed for each unit. Adding to the list is a freshly paved car lot that can fit 6-8 vehicles for off street parking. Plus there is a huge value add opportunity as the 4th floor of the house has the ability to be finished. HIGHEST AND BEST OFFER DUE BY 5:00 PM ON 1/23/2023.
Multi-familyProperty Type
1900Year Built
5,000 sq ftLot Size
$183Est. Price/Sq.Ft.
8 spacesParking
Listed by List with Lyon Team• Cameron Prestige, LLC
Listed by Frank Sousa• Cameron Prestige, LLC
Bought with Theo Papigiotis• Residential Properties Ltd.
Attention Investors! Money making opportunity available with this nearly finished, 9 bedroom multi-family located minutes to the North Smithfield line, close to Massachusetts and situated on a quiet street near all conveniences. Building consists of one beautiful fully completed level on 3rd floor featuring new everything including recessed lighting, wains-coating, tile bathroom, and more. First floor unit almost completed with 2 separate entrances and breezeway, perfect for owner occupied. Second floor unit nearly finished as well, requires finishing touches. 4th was once a separate unit but is now empty and could be converted to townhouse. New plumbing and electric throughout 3 floors. Replacement windows on 2 floors, 3 brand new hot water tanks, gas lines in place, and new sewer and gas lines from house to street. Structural work has been completed and all permits will receive final approval prior to closing. Requires heating systems, unit renovation completion, and roof. Property is being sold "as is" with no further work or repairs by seller. CASH OR 203K ONLY.
RIS #1301999
Feb 7, 2022
Listing Removed
—
Feb 5, 2022
Price Changed
$299,900
$86/sq ft
Jan 27, 2022
Listed
$324,900
$93/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,525 (+73.9%)
$87,900 + $404,100
$492,000
2024
$3,178 (−37.5%)
$89,500 + $129,100
$218,600
2023
$5,086 (+66.4%)
$89,500 + $274,300
$363,800
2022
$3,056 (−4.3%)
$89,500 + $129,100
$218,600
2021
$3,192 (−1.1%)
$35,600 + $98,800
$134,400
2020
$3,226 (−0.3%)
$35,600 + $98,800
$134,400
2018
$3,236 (+10.7%)
$35,600 + $98,800
$134,400
2017
$2,923 (−5.5%)
$40,000 + $57,100
$97,100
2016
$3,092 (−13.0%)
$40,000 + $57,100
$97,100
2015
$3,552 (+4.7%)
$40,000 + $57,100
$97,100
2014
$3,393 (+4.0%)
$44,000 + $50,400
$94,400
2013
$3,262 (+7.1%)
$44,000 + $50,400
$94,400
2012
$3,045
$44,000 + $50,400
$94,400
Tax history for 205 Chapel St
Year
Property tax
Land + Additions
Assessment*
2025
$5,525 (+73.9%)
$87,900 + $404,100
$492,000
2024
$3,178 (−37.5%)
$89,500 + $129,100
$218,600
2023
$5,086 (+66.4%)
$89,500 + $274,300
$363,800
2022
$3,056 (−4.3%)
$89,500 + $129,100
$218,600
2021
$3,192 (−1.1%)
$35,600 + $98,800
$134,400
2020
$3,226 (−0.3%)
$35,600 + $98,800
$134,400
2018
$3,236 (+10.7%)
$35,600 + $98,800
$134,400
2017
$2,923 (−5.5%)
$40,000 + $57,100
$97,100
2016
$3,092 (−13.0%)
$40,000 + $57,100
$97,100
2015
$3,552 (+4.7%)
$40,000 + $57,100
$97,100
2014
$3,393 (+4.0%)
$44,000 + $50,400
$94,400
2013
$3,262 (+7.1%)
$44,000 + $50,400
$94,400
2012
$3,045
$44,000 + $50,400
$94,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.