Backup offers
$8,313 Closing Credit¹
#1387526, Listing office: RE/MAX FLAGSHIP, INC.
$699,000 List price
98 Penn St Providence, RI 02909
$8,301
Closing credit¹
6 beds
3 full
0.04 acres
Multi-Family
Property details
About 98 Penn St
Located between Atwells Avenue & Broadway, 98 Penn Street offers a prime opportunity to experience the vibrant & eclectic West Side of Providence. This legal three-family property features three well-appointed two-bedroom, one-bath units, each with hardwood floors & architectural details that add to the home's character. ** The interiors & mechanicals have been updated, while long-term tenancy has kept rents below market value, presenting significant upside potential. Each unit offers a functional layout with well-proportioned rooms, maintaining a balance of charm & modern convenience.** Ideally situated with easy access to downtown, the East Side, hospitals, highways, & within walking distance to the train station, this property is well-positioned for both investors & owner-occupants seeking a strong location & long-term value.
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
BasementYes
Lot size0.04 Acres
Year built1920
ParkingNo Garage
MLS #1375616
Summary
- Full Bathrooms: 3
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Hardwood
- Total Bedroom Count: 6
- Parking: No Garage
- Heating: Baseboard, Natural Gas
- Cooling: None
- List Price: $699,000
- Annual Tax Amount: $7,674
- Tax Year: 2024
- Year Built: 1920
- Lot Size: 0.04 Acres
- MLS Number: 1375616
- MLS Name: RIS
- Office Name: Westcott Properties
- Office Phone: (401) 421-5300
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: 6/21/2025, 9:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$699,000
98 Penn St
$8,301
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 10, 2013 | Home Sold | $50,000 |
| Mar 31, 2006 | Home Sold | $212,000 |
| Aug 13, 2002 | Home Sold | $120,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $418,200 | $7,674 |
| 2023 | $418,200 | $7,674 |
| 2022 | $418,200 | $7,443 |
| 2021 | $259,800 | $6,380 |
| 2020 | $259,800 | $6,381 |
| 2019 | $259,800 | $6,381 |
History based on county public records data.
Nearby schools
1
Asa Messer Elementary School
Public District PK-4
0.4 mi
•1655 Westminster St
3
Paul Cuffee Lower School
Public Charter KG-5
0.6 mi
•459 Promenade St
4
William D'Abate Elementary School
Public District KG-5
0.7 mi
•60 Kossuth St
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 $16,680. Residents of Providence, RI typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
82%
<35k
16%
35k-100k
2%
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?
69%
Single, No Kids
15%
Single, with Kids
8%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
37%
18-34 yrs old
35%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 98 Penn St
The listing price of 98 Penn St property is $699,000.
The property 98 Penn St is a multi located in Providence, Rhode Island, 02909.
Active Listing: 98 Penn St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 98 Penn St are: Asa Messer Elementary School (GreatSchools Rating 1/10), Paul Cuffee Lower School (GreatSchools Rating 3/10), William D'Abate Elementary School (GreatSchools Rating 4/10), West Broadway Middle School (GreatSchools Rating 2/10), Paul Cuffee Middle School (GreatSchools Rating 4/10), Urban Collaborative Program (GreatSchools Rating 2/10), Providence Career Technical (GreatSchools Rating 5/10), Classical High School (GreatSchools Rating 10/10), Central High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $7,674 (source: MLS/based on county public records data).
The last sale was on April 10, 2013 for $50,000 (source: MLS/tax record).
The year of construction for 98 Penn St is 1920.
This home is located at 98 Penn St in Providence, RI and zip code 02909 in the Federal Hill neighborhood. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $699,000.
Providence, RI housing market in May 2025 saw over 58 listings sold above listed price, more than 18 sold at listed price and over 28 sold below. In May 2025 in Providence, RI there were 13.4% more homes for sale than in April. The median list price of listings available in May 2025 was $510,325, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.