Uncategorized August 28, 2023

What You Can Buy for Less Than $900,000 in Rhode Island

What You Can Buy for Less Than $900,000 in Rhode Island

The folks at Mott & Chace are offering three properties from around Rhode Island — all under $900,000.

These homes are available at a time when inventory is at a near-record low in Rhode Island.

With prices continuing to climb, these homes provide a range of living styles.





238-240 Brown Street | Providence | $899,000

Listed by The Blackstone Team

238-240 Brown Street is a turn-of-the-century two-family home full of character and charm updated with modern amenities in the heart of College Hill, offering easy access to Downtown, Amtrak, Brown, RISD & Whole Foods. The property can serve as a strong cash flow investment property or an owner-occupied home with tenants paying your mortgage. The 1,466 sqft 1st-floor apartment has 2 beds and 1 bath and can be delivered vacant at closing. The kitchen was recently gut-renovated with quartz countertops, an island, stainless appliances w/ dishwasher, and garbage disposal. Kitchen opens to dining room plus double parlor rooms w/ period mantelpiece. It could be rented for $2800. The entryway was recently refinished, plus period windows have been rehabbed. 2nd and 3rd floors are a 2500 sqft 6 bed and 2 bath townhouse currently rented through June ’24 for $4200 to Brown seniors. The third-floor bathroom was recently gut-renovated. The exterior was just painted. Forced air heating systems (easy to add AC). Fenced, urban garden/yard with grass and brick paver patio. The current rent is below market value. The front porch has separate front door entrances. Off-street parking for four cars.




55 Woody Hill Road | Hopkinton | $849,000

Listed by Shirley Page & Kelly Holmes

Beautifully built 2800 square foot contemporary colonial home on a quiet 2.8 acre lot. The quality of materials and eye for detail begin at the front door and carry throughout the home. The first floor offers 9’ ceilings, an open floor plan 5” white oak flooring, granite kitchen countertops, ½ bath, an office with French doors and a large mudroom with a coffee station and custom build-ins. The shiplap details and 2-panel solid core doors compliment the interior, and the second floor boasts 8’ ceilings, a master suite with a walk-in closet/custom shelving, double vanity and this floor is complete with 2 more bedrooms and a full bath, as well as a large bonus or 4th bedroom and laundry. The exterior quality is present in the Anderson windows and slider, Fagan garage doors, 30 year architectural Timberline roof shingles, a trex farmers porch and a 4 bedroom septic system just to name a few items.




2 Commons Road | Little Compton | $650,000

Listed by Liz Kinnane & Cherry Arnold

It is an amazing opportunity to be the next stewards of one of the most historically significant homes in Little Compton. Built in 2 phases, the original meeting house in 1825 and added in 1840, the two periods of construction reflect the transition from Federal style to Greek Revival style architecture in the early 19th century. This 6-bedroom 3,044 sqft home offers many of the original historic details, including bracketed cornices, large windows, original paneled doors and knobs, high ceilings, and beautiful wide-plank hardwood floors throughout. Located in the heart of the Little Compton’s town Commons, just steps to restaurants and coffee shops, and art galleries, as well as Wilburs General Store and the Little Compton Community Center. Buyer pays LCACT at closing.

This content is part of a paid sponsorship with Mott & Chace Sotheby’s International.