Adrienne Ames
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Multi Family at 118 120 Pitman Street, Providence
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45 photos

$1,750,000

118 120 Pitman Street
Providence, RI 02906
Listed by Michael Russo
Bedrooms
7
Bathrooms
7
Living area
N/A
Year built
1890

About this home

Location. This better than new recently rebuilt 4 family investment is situated in a prime Wayland Square location. Completely renovated 3 years ago you essentially have a new structure with very nicely finished units including custom tiled bathrooms, granite/stainless kitchens, central air, in-unit laundry, laminate flooring - designer units, very easily rentable. Also featuring all new mechanical systems, maintenance free exterior, new windows, roof, electrical, plumbing, separate tenant paid utilities, etc. Ample off street parking as well. This property will produce years of constant stabilized solid rental income due to the modern design & location, with little maintenance expense due to all new systems - safe choice. Also available as a bundled/portfolio sale with an additional 2 family and/or 3 family home(s) to total a 6, 7 or 9 unit purchase. All units fully occupied providing instant income. Call for more info.

Property details

MLS #
1424664
Property type
Multi Family
Subdivision
Wayland Square / East Side
Status
Active
Days on market
N/A
On market date
September 29, 2026
Stories
3
Total bathrooms
7
Garage spaces
N/A
Parking spaces
4
Lot size
0.1148 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Vartan Gregorian El. School
0.58 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
243
Student:teacher ratio
11.6:1
District
Providence
Middle
Nathan Bishop Middle
1 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
636
Student:teacher ratio
13.3:1
District
Providence
High
Hope High School
0.9 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
943
Student:teacher ratio
14.3:1
District
Providence

Walkability

Blended score for Providence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

98
Highly walkable
out of 100
EPA National Walkability Index
19.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks20
Schools20
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Providence, from live MLS data.

On the market 0 days -- 42 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,258 active listings in Providence right now is $449,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$10,689/mo
$350,000 down
$1,400,000 loan
Principal & interest$9,080
Property tax (est.)$1,458
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 22 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.