Multi Family at 62 Heath Street, Providence
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35 photos

$599,000

62 Heath Street
Providence, RI 02909
Listed by The Duque Group
Bedrooms
5
Bathrooms
3
Living area
N/A
Year built
1900

About this home

Great opportunity to own a fully occupied three-family property at 62 Heath Street in Providence, Rhode Island! Ideal for investors seeking rental income or owner-occupants looking to offset their mortgage with rental income, this multi-family property offers a versatile layout with three separate units. The first and second floors each feature 2 bedrooms and 1 full bathroom, while the third-floor unit offers 1 bedroom and 1 full bathroom. Major updates include a roof approximately 5 years old and energy-efficient tankless heating systems installed approximately 5 years ago. Conveniently located for commuters, this property offers accessibility and the potential to add a solid multi-family asset to your portfolio. Don't miss this opportunity to own a fully occupied three-family property in Providence!

Property details

MLS
Rhode Island Association of REALTORS®
MLS #
1427219
Property type
Multi Family
Subdivision
Silver Lake
Status
Active
Days on market
N/A
On market date
October 28, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
2
Lot size
0.0574 acres
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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.

Elementary
Frank D. Spaziano Elem School
0.3 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
0.33 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
Providence Career Technical
1.44 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
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).

89
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks15
Schools20
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Providence, from live MLS data.

On the market 0 days -- 43 fewer days than Providence's current average of 43 days.
For reference, the median list price across 1,528 active listings in Providence right now is $449,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
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®. Last updated 7 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.