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$879,000

52 Erastus Street
Providence, RI 02909
Listed by Thomas Paliotte
Bedrooms
10
Bathrooms
4
Living area
N/A
Year built
1914

About this home

FULLY UPDATED & FIRE-CODED 4-UNIT INVESTMENT OPPORTUNITY! This turnkey Providence multi-family offers the perfect combination of modern finishes, strong rental appeal, and peace of mind for investors and owner-occupants alike. Fully fire-coded and thoughtfully improved throughout, the property features renovated kitchens and bathrooms, updated windows, in-unit washer and dryer hookups in multiple units, and bright, spacious layouts filled with natural light. With four vacant units, the next owner has the opportunity to select their own tenants and set rents at current market rates from day one. The property also offers ample off-street parking for all four units, a highly desirable amenity in Providence that adds significant value for both owners and tenants. Whether you are looking to expand your portfolio, house hack, or secure a low-maintenance multi-family asset, this beautifully improved property is ready for its next chapter. Conveniently located in the heart of Providence right off Atwells Avenue, this is an excellent opportunity to own a clean, compliant, and income-producing 4-family property. Schedule your private showing today.

Property details

MLS #
1415061
Property type
Multi Family
Subdivision
Mount Pleasant
Status
Active
Days on market
16
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.14 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
William D'Abate Elem. School
0.31 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
389
Student:teacher ratio
19.5:1
District
Providence
MiddleCharter
AF Providence Mayoral Middle
0.57 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
Mount Pleasant High
1.03 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
1,174
Student:teacher ratio
14.5:1
District
Providence

Mortgage calculator

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Est. monthly payment
$5,443/mo
$175,800 down
$703,200 loan
Principal & interest$4,561
Property tax (est.)$733
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated July 1, 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.