17 Cromwell Street
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$869,000

17 Cromwell Street
Providence, RI 02907
Listed by Derek Greene
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1895

About this home

Exceptional investment opportunity! This well-maintained 4-unit multifamily property is a proven, strong income-producing asset with additional upside for investors looking to maximize returns. In addition to the four residential units, the fully finished attic is currently being used as an in-law suite, adding flexibility and value. Each unit features remodeled bathrooms, stainless steel appliances, and updated utilities. This property offers updated living spaces all through out that help attract and retain tenants while minimizing maintenance costs. This property qualifies for FHA Financing. Already generating solid rental income, it also presents an opportunity to further increase cash flow. The unfinished basement offers the ideal space to install a coin operated laundry facility, creating an additional revenue stream and added convenience for tenants. Whether you're expanding your investment portfolio or seeking a high-performing multifamily property, This property delivers immediate cash flow with clear opportunities for future income growth. Conveniently located in Providence with easy access to major highways, Public Transportation, shopping, restaurants, schools, and other local amenities. Don't miss the chance to own a turnkey, income-producing property!

Property details

MLS #
1421155
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
August 21, 2026
Stories
4
Garage spaces
N/A
Lot size
0.09 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Achievement First Promesa
0.39 mi away · Grades 0-2
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
276
Student:teacher ratio
13.1:1
District
Achievement First Rhode Island
MiddleCharter
Providence Preparatory Charter
0.27 mi away · Grades 5-6
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
112
Student:teacher ratio
12.4:1
District
Providence Preparatory Charter
High
Providence Career Technical
0.53 mi away · Grades 9-12
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
659
Student:teacher ratio
9.8:1
District
Providence

Mortgage calculator

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Est. monthly payment
$5,383/mo
$173,800 down
$695,200 loan
Principal & interest$4,509
Property tax (est.)$724
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 21 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.