News: Rhode Island

Berkery of Mott & Chace Sotheby’s sells 166 President Ave. for $2.31 million

Midge Berkery

Providence, RI Mott & Chace Sotheby’s International Realty sold 166 President Ave. for $2.31 million. Midge Berkery, sales associate of Mott & Chace, represented the seller. Josh Cullion of RE/MAX Professionals represented the buyer.

The property went under contract less than one week after hitting the market. According to data available from Rhode Island Statewide Multiple Listing Service, the sale of 166 President Ave. is the highest single family sale on the East Side of the city since December of 2019, when Mott & Chace Sotheby’s International Realty sold 66 Williams St. for $4.6 million. 66 Williams St. remains the most expensive Providence residential sale in MLS history.

The Georgian Revival home, c. 1911, has been fully restored to its original historic architectural details and updated to offer every amenity. The home consists of six bedroom, three and one half bathrooms.

“There is magic in the energy and community on the East Side of Providence,” said Berkery. “This grand home is the perfect place to soak it all in.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary