$8,609 Closing Credit¹
#1382303, Listing Office: REALPRO by The Water
$799,900 List price
40 Cypress St Providence, RI 02906
$9,499
Closing credit¹
9 beds
3 full
0.1 acres
Multi-Family
Property details
About 40 Cypress St
Welcome to this oversized and well-maintained 3-family home located in the heart of Providence's desirable Mount Hope neighborhood. Lovingly cared for and owner-occupied for the last 20 years, each unit offers 3 large bedrooms, 1 full bath, original hardwood flooring, expansive ceiling heights, and charming ornate decorative fireplaces. Units 1 and 3 are equipped with central air, while Unit 2 features a mini-split system. All kitchens have been recently updated with granite countertops, and contain dishwashers, gas stoves, and modern finishes. The property offers a mix of replacement windows, including Renewal by Andersen, and updated mechanicals throughout. Each unit also enjoys its own private deck. The first floor has its own dedicated in-unit washer and dryer, while the basement offers coin-operated laundry for Units 2 and 3. A large off-street parking lot accommodates 6-7 vehicles, a true amenity in the city. Ample storage in the basement for all units. Conveniently located near Hope Village, Whole Foods, and the train station - ideal for commuters, multi-generational households, Airbnb, or savvy investors seeking strong cash flow in a prime location. 40-42 Cypress awaits its next caretaker...
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
CoolingCentral Air, Ductless
BasementYes
Lot size0.15 Acres
Year built1900
ParkingNo Garage
MLS #1382391
FireplaceInsert, Gas
Summary
- MLS Number: 1382391
- MLS Name: RIS
- Office Name: Residential Properties Ltd.
- Office Phone: (401) 274-6740
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$799,900
40 Cypress St
$9,499
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $618,700 | $11,353 |
| 2023 | $618,700 | $11,353 |
| 2022 | $618,700 | $5,457 |
| 2021 | $392,900 | $5,278 |
| 2020 | $392,900 | $9,650 |
| 2019 | $392,900 | $9,650 |
History based on county public records data.
Nearby schools
3
Martin Luther King Elementary School
Public District PK-5
0.4 mi
•35 Camp St
6
Times2 Elementary School
Public Charter KG-6
0.9 mi
•50 Fillmore St
2
Harry Kizirian Elementary School
Public District KG-5
1.1 mi
•60 Camden Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,305. Residents of Providence, RI typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
28%
<35k
57%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
21%
Single, with Kids
12%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
36%
18-34 yrs old
32%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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This home is located at 40 Cypress St in Providence, RI and zip code 02906 in the Mount Hope neighborhood. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $799,900.
Over 44 listings were sold over their listed price in March 2025 in Providence, RI. In the same period over 35 listings were sold below the listed price and 15 listings were sold for the listed price. In March 2025 in Providence, RI there were 28.8% more homes for sale than in February. Listings spent 30 days on the market in March 2025, and had a median list price of $500,400 during the same period.
From Rocket Homes Real Estate and based on county public records data.