The Blackstone Team of Mott & Chace sells three property package for $1.362 million

May 08, 2020 - Rhode Island
21 Observatory Avenue - Providence

 

9 Phillips Street - Providence

 

12 Observatory Avenue - Providence

 

Providence, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 9 Phillips St. (shown), 12 and 21 Observatory Aves. as a package for $1.362 million. The seller was represented by The Blackstone Team of Mott & Chace. Shamila Ahmed of Steele Realty Consultants LLC represented the buyer.

The package of three recently updated properties offers the buyer a total of 14 bedrooms, five- and one-half bathrooms and over 6,600 s/f of living space.

Located adjacent to the Ladd Observatory, the three homes in the Hope neighborhood on the East Side of the city have been owned by one family for over 60 years. Over the decades, the properties have served as both personal housing and an investment opportunity.

“Sellers with unique offerings frequently come to us, because they know we’re creative and diligent,” Nelson Taylor, managing partner of The Blackstone Team said. “We felt it was important to offer the three properties as one package in order to achieve not just the highest and best price, but the smoothest sale. We knew it was a very unique opportunity for the right buyer.”

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