No photos available for this listing

$599,000

555 Branch Avenue
Providence, RI 02904
Listed by Hilda Vargas
Bedrooms
6
Bathrooms
3
Living area
N/A
Year built
1900

About this home

INVESTORS THIS IS YOUR OPPORTUNITY!!! Located in the vibrant center of Providence, this well-positioned 6-bedroom, 3-bathroom property presents an exceptional opportunity for investors seeking strong rental potential and long-term value. Situated just minutes from downtown, major universities, hospitals, restaurants, and public transportation, the property benefits from consistent demand in one of the city's most desirable rental markets. Featuring a spacious layout with six generously sized bedrooms and three full bathrooms, the home offers flexibility for student housing, multi-tenant leasing, or a large-family rental. The property's attractive price point, combined with its highly sought-after location, makes it a compelling addition to any investment portfolio. Conveniently situated near downtown, universities, hospitals, shopping, dining, and public transportation, it benefits from strong rental demand and excellent accessibility. Whether you're looking to generate immediate cash flow or capitalize on Providence's continued growth and redevelopment, this property delivers the ideal combination of location, size, and investment potential. Opportunities like this in the heart of Providence are increasingly difficult to find—making this a smart choice for both seasoned and first-time investors.

Highlights

Fireplace

Property details

MLS #
1414324
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
June 24, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.0643 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Veazie Street School
0.58 mi away · Grades 0-5
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
539
Student:teacher ratio
16.3:1
District
Providence
Middle
Esek Hopkins Middle
0.29 mi away · Grades 6-8
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
492
Student:teacher ratio
13.3:1
District
Providence
High
E-Cubed Academy
0.6 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
330
Student:teacher ratio
9.4:1
District
Providence

Mortgage calculator

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Est. monthly payment
$3,757/mo
$119,800 down
$479,200 loan
Principal & interest$3,108
Property tax (est.)$499
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 24, 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.