$699,000

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: 5/7/2025, 4:20:29 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

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 10, 2013
Home Sold
$50,000
Mar 31, 2006
Home Sold
$212,000
Aug 13, 2002
Home Sold
$120,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,680. Most Providence, RI residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of 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 BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

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.

In April 2025 more than 45 listings in Providence, RI were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 28 were sold below. Between March and April 2025, Providence, RI real estate market has seen increase in the number of listings by 13.1%. Listings spent 21 days on the market in April 2025, and had a median list price of $505,230 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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