Uncategorized January 22, 2024

What You Can Buy in RI for Under $400,000

Saturday, January 20, 2024

The folks at Mott & Chace Sotheby’s International offer three homes in Rhode Island — all priced significantly lower than the median price of a single-family home in Rhode Island.

Presently, the median price in RI is $434,900.

These homes are priced as starter homes.

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116 Putnam Pike | Johnston | $259,000

Listed by Kayla Kershaw

Welcome to 116 Putnam Pike! Cute, sunny bungalow with a one-car garage near everything, including shopping and Route 295. This property is ready to move in and make your own with freshly painted and refinished hardwood floors.

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35 Sterling Avenue | Providence | $389,900

Listed by Jacob Rochefort

Perched on a corner lot located on a dead-end street sits this three-family home with a large fenced-in yard. Plenty of off-street parking for up to six or more cars and an oversized one-car garage. The property consists of three units. The first and second floors have the same exact layout, needing some TLC but great potential. Featuring two bedrooms, a full bathroom, living room and a large eat-in-kitchen area. The basement apartment has two separate entrances, a galley-style kitchen, which opens up to a cozy family room, full bathroom and one private bedroom. Each unit features gas baseboard heat and hot water with all separate heating systems as well as electrical panels. This home is worth the investment!

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411 Union Avenue | Providence | $350,000

Listed by The Mackinney Gold Group

Welcome to 411 Union Avenue. This beautiful Cape Cod-style home features two bedrooms on the 2nd floor, an additional third bedroom on the lower level, and one full bathroom. Natural light floods most of the living space, and the home’s features include hardwood floors throughout, a recently renovated kitchen with granite countertops, newer appliances, and a large backyard. Located within the heart of Silver Lake, this home is close to everything Providence has to offer: From shopping to amazing restaurants, parks and the waterfront. You will find yourself minutes to downtown Providence and a quick commute to Boston.

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

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