$569,900
About this home
Excellent opportunity to add a solid income-producing asset to your portfolio. Located in Providence’s Silver Lake neighborhood, this well-maintained three-family property features two 2-bedroom units and one 1-bedroom unit, offering a desirable unit mix with strong rental appeal. Separate utilities allow tenants to pay their own heat and electricity helping to minimize owner expenses while maximizing cash flow. The property offers stable rental income and presents an excellent opportunity for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Conveniently located just minutes from downtown Providence with easy access to Routes 6 and 10, the property is also close to shopping, restaurants, public transportation, and the expansive Neutaconkanut Park with its walking trails, recreation areas, and scenic city views. Whether you’re looking to expand your investment portfolio or purchase a multifamily in a centrally located Providence neighborhood, this property offers strong income potential and long-term value. Reach out to schedule a showing today!
Property details
- MLS #
- 1417143
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 64
- On market date
- July 6, 2026
- Stories
- 3
- Total bathrooms
- 3
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.0505 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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 378
- Student:teacher ratio
- 15.1:1
- District
- Providence
- Enrollment
- 405
- Student:teacher ratio
- 31.2:1
- District
- Achievement First Rhode Island
- Enrollment
- 659
- Student:teacher ratio
- 9.8:1
- 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 25 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.