$970,000
About this home
Don't miss out on this 6 unit multifamily investment property. Each unit offers a spacious layout with a mix of 2 and 3 bedrooms & opportunity for additional bedrooms. This is conveniently located near downtown Providence, the providing easy access to local shops, restaurants, public transportation, and many everyday amenities. Fully occupied with existing tenants. All units have separate utilities that are paid by tenants. The property has some units with recent updates including flooring, kitchens, baths and fresh paint. These are leased at market value, while other units offer potential opportunities for rental increases with reasonable updates. Total rents are $11,847, Offering any buyer a great income from day one. Whether you're an experienced investor looking to expand your portfolio or seeking a multifamily property with potential to improve cash flow, this six-unit investment deserves your attention. Subject to a 1031 Exchange.
Property details
- MLS
- Rhode Island Association of REALTORS
- MLS #
- 1426374
- Property type
- Commercial
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- October 19, 2026
- Stories
- 3
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- 4
- Lot size
- 0.0918 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.
- Enrollment
- 389
- Student:teacher ratio
- 19.5:1
- District
- Providence
- Enrollment
- 405
- Student:teacher ratio
- 31.2:1
- District
- Achievement First Rhode Island
- Enrollment
- 1,174
- Student:teacher ratio
- 14.5:1
- 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 1 days 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.