INNOVATE
Real Estate
No photos available for this listing

$1,330,000

122 126 Lowell Avenue
Providence, RI 02909
Listed by Kyle Seyboth
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1910

About this home

Well-maintained 8-unit multifamily property in a prime Providence location offering a strong investment opportunity. The building features a desirable unit mix of four 1-bedroom and four 2-bedroom apartments, appealing to a wide range of tenants. Huge parking lot for about 28 cars. Ideally situated with convenient access to shopping, dining, and everyday essentials, the property is just minutes from the vibrant neighborhoods of Federal Hill and Olneyville, known for their diverse restaurants, cafes, and local businesses. Downtown Providence is a short drive away, providing entertainment, nightlife, and cultural attractions. Commuters will appreciate easy access to Route 6 and Interstate 95. The property is also close to Rhode Island Hospital and Hasbro Children’s Hospital, as well as major educational institutions including Providence College, Rhode Island College, and Johnson & Wales University. Nearby parks such as Donigian and Merino Park offer outdoor recreation. Easy access to public transportation and T.F. Green Airport adds to the property’s appeal.

Property details

MLS #
1409289
Property type
Multi Family,Commercial
Subdivision
N/A
Status
Active
Days on market
53
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
19,166 sqft

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Frank D. Spaziano Elem School
0.28 mi away · Grades 1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
378
Student:teacher ratio
15.1:1
District
Providence
MiddleCharter
AF Providence Mayoral Middle
0.4 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
405
Student:teacher ratio
31.2:1
District
Achievement First Rhode Island
High
Dr. Jorge Alvarez HS
1.87 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
681
Student:teacher ratio
13.1:1
District
Providence

Mortgage calculator

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Est. monthly payment
$8,159/mo
$266,000 down
$1,064,000 loan
Principal & interest$6,901
Property tax (est.)$1,108
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated May 31, 2026.

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.