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1 W Exchange St Unit 2602, Providence, RI, 02903

2beds
2baths
1,038sqft
$592,500
$571price/sqft
$4,244/moest. monthly cost
$169,760/yrincome needed

About This Home

Stunning condo unit available in the highly sought-after Residences Providence, offering luxury living in one of the city’s most premier locations. This high-end unit features 2 spacious bedrooms and 1.5 bathrooms, designed with elegant modern finishes and attention to detail throughout. Located on a high floor, the condo boasts breathtaking city views and an abundance of natural light. The stylish kitchen and open living area create an inviting space perfect for entertaining or relaxing. Enjoy the convenience of assigned parking and low-maintenance living with building amenities that include secure access and professional management. Ideally situated in the heart of Providence, just steps from shopping, fine dining, entertainment, and the train station, with easy access to all major highways. Experience upscale, carefree city living at its finest in this exceptional unit at The Residences Providence — a perfect blend of luxury, comfort, and convenience.

Getting Around

94
WalkingWalker's Paradise
71
TransitExcellent Transit
79
BikeVery Bikeable

Schools

2/10
10/10
Classical High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Unknown
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,038

Heating & Cooling

  • Heating features: Natural Gas,Central Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,038
  • Total interior livable area: 1,038 sqft

Property

Details

  • Parcel number: PROVM19L143U2602
  • Attached to another structure: Yes

Features

  • Stories: 1
  • Entry location: Elevator
  • Exterior features: Breezeway

Parking

  • Total spaces: 1
  • Parking features: Integral,Assigned
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Heat Wave
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,996$35,952
Home Insurance *$178$2,136
Property Taxes $681$8,172
Electricity $389$4,675
Total$4,244$50,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,508/yr
40% on housing$127,320/yr
45% on housing$113,173/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$571This listing

vs Other Active Listings

Avg $/sqft

ZIP 02903$317
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02903$396
Providence County$271

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Price change$599,900
2026-05-07Price change$600,000
2026-04-15Listed for sale$625,000
2026-02-25Listing removed$6,000
2026-02-25Pending sale$625,000
2026-02-09Price change$6,000
2026-02-04Price change$625,000
2026-01-27Price change$629,900
2026-01-21Listed for rent$6,500
2026-01-16Price change$639,900
2026-01-05Price change$640,000
2025-12-09Price change$650,000
2025-12-01Listed for sale$675,000
2025-09-18Sold$535,000
2022-09-12Sold$519,900
2022-08-17Contingent$519,900
2022-08-16Listed for sale$519,900
2022-08-12Pending sale$519,900
2022-05-27Listed for sale$519,900
2010-01-25Sold$370,945

For Sale by Agent

AgentKyle Seyboth
BrokerageCentury 21 Limitless

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