$1,074,900
About this home
Rare opportunity to buy a property that makes money right out of the gate! This exceptional 4-unit Providence investment at 42 Courtland Street consists of a beautifully updated 3-family building plus a perfect separate cottage. The main 3-family building has been completely and beautifully remodeled. Each of the three units features 3 generous bedrooms and a wonderfully laid-out modern kitchen that flows seamlessly into an open living room and kitchen concept. The 4th unit is a standalone cottage that has undergone a stunning remodel. It provides 2 to 3 bedrooms and 2 full baths, both absolutely amazing in their own right. The cottage also features a fantastic master bedroom with direct access to a private outdoor deck that feels like an absolute paradise. This property is a massive income producer, currently fully rented and bringing in $9,400 monthly ($112,800 annually). Ample off-street parking is included. For buyers looking to owner-occupy or place their own tenant, the property can be purchased with one unit delivered empty. Don't miss this rare, turnkey opportunity!
Property details
- MLS #
- 1415072
- Property type
- Apartment,Multi Family
- Subdivision
- Federal Hill
- Status
- Active
- Days on market
- 10
- On market date
- N/A
- Stories
- 3
- Garage spaces
- 2
- Lot size
- 0.0918 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 553
- Student:teacher ratio
- 12.9:1
- District
- Providence
- Enrollment
- 498
- Student:teacher ratio
- 15.1:1
- District
- Providence
- Enrollment
- 659
- Student:teacher ratio
- 9.8:1
- District
- Providence
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 30, 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.