$780,000
About this home
Turnkey 4-Unit with 5-Unit Income Potential This massive property is currently structured as a 4-unit multi-family home with an incredible bonus: an additional space that is already structurally separated and prepped for an Accessory Dwelling Unit (ADU) apartment. With the right finishing touches and local approvals, you can easily convert this property into a lucrative 5-unit building, maximizing your monthly cash flow and skyrocketing your return on investment. The Highlights • Prime Location: Situated in the desirable Wanskuck area, you are located within minutes of Providence College, making this an absolute magnet for student housing or faculty rentals. Enjoy effortless commuting with quick access to downtown Providence, major highways, and local shopping. • Major Capital Upgrades Already Done: Save thousands in immediate renovation costs! The building boasts a newer roof and clean vinyl siding, giving it excellent curb appeal and lower long-term maintenance costs. • Turnkey Infrastructure: Move forward with absolute peace of mind. The property features an updated electrical service and a brand-new fire alarm system. Best of all, the seller has a lead certificate in hand, saving you a massive compliance hurdle. • Massive 10,500 SF Lot: Properties with this much land are rare in the city. The spacious, paved lot provides plenty of off-street parking for all tenants—a premium feature that commands top dollar in the Providence rental market.
Property details
- MLS #
- 1425250
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- October 7, 2026
- Stories
- N/A
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- 12
- Lot size
- 0.241 acres
Location
Get directions →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).
- Enrollment
- 539
- Student:teacher ratio
- 16.3:1
- District
- Providence
- Enrollment
- 492
- Student:teacher ratio
- 13.3:1
- District
- Providence
- Enrollment
- 403
- Student:teacher ratio
- 14.9:1
- 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).
Market position
How this listing compares to current activity in Providence, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 20 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.