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    561 Potters Ave Providence, RI 02907

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    For Sale
    $765,000

    Newly constructed multi-family residence in Providence, Rhode Island.

    Lot size:
    0.12 Acres

    Property Features for 561 Potters Ave

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    2024

    Source: HomeSmart Professionals Real Estate Agent Yolanda Nazario

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction Multi-Family Residence

    Located at 561 Potters Ave in Providence, Rhode Island, this multi-family residence, constructed in 2024, offers modern living. The two-story residence includes a generous living area, six bedrooms, four full bathrooms, and a full finished basement. Situated on a 5012 square feet lot, the property provides outdoor space for relaxation and recreation. This property offers a foundation for creating a fulfilling living experience in a thriving urban setting.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4282111
    Latitude
    41.8020101

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    FAQs

    What type of property is this?
    Apartment building - Newly constructed multi-family residence in Providence, Rhode Island.
    Where is this apartment building located?
    The property is located at 561 Potters Ave Providence, RI.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: - Newly Constructed in 2024: Enjoy modern design and the benefits of a new build.; - Six Bedrooms and Four Full Bathrooms: Provides ample accommodation.; - Full Finished Basement: Adds significant living space.
    (401) 480-3668
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    561 Potters Ave Providence, RI 02907
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    Providence, RI 02907
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    561 Potters Ave Providence, RI 02907
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