$550,000

About this home

Fully leased and income-producing 3-family in Providence offering immediate cash flow for investors or an excellent future owner-occupant opportunity. All three units are currently rented, generating strong rental income from day one. The property features spacious layouts, abundant natural light, a full unfinished basement with washer and dryer providing excellent storage, and separately functioning residential units. Conveniently located along Douglas Avenue with quick access to Downtown Providence, Providence College, Rhode Island College, Route 146, I-95, I-295, shopping, restaurants, and public transportation. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is a strong opportunity in a high-demand rental market. Will come with first floor vacant for owner occupied.

Property facts

Property type

Multi Family

Year built

1930

Lot size (acres)

0.07

Total rooms

11

Garage spaces

0

Total parking

2

Annual taxes

$3,553

Tax year

2025

County

Providence

Features

Heating

Natural Gas, Steam

Cooling

None

Basement

Full, Interior Only, Unfinished

Appliances

Gas Water Heater

Parking

No Garage

Construction

Vinyl Siding

Utilities

Sewer Connected, Water Connected

Location