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Active · 46 days on market
$579,000
83 Terrace Avenue, Providence, RI 02909
5 bd · 3 ba · built 1900
Listing courtesy of Smith And Oak Real Estate Co., Devon Urena
About this home
Silver Lake 3-Family Investor or Owner-Occupant Opportunity. Three units in one of Providence's steadiest rental pockets. The setup is a 1-bedroom first-floor unit plus two 2-bedroom apartments on the second and third floors, with an attached 2-car garage and off-street parking. Live in one and let the other two carry you, or drop it straight into your portfolio. Projected $72,000 in annual rental income once all units are rented at market rate. All tenants are currently month-to-month. Strong in-place and market rents, Section 8 friendly, and a location that stays rented. Whether you're house-hacking your first multi or adding to a growing portfolio, this is a turnkey three-unit in a neighborhood that holds its demand. Schedule your showing today.
Property facts
- Property type
- Multi Family
- Year built
- 1900
- Lot size (acres)
- 0.068
- Total rooms
- 13
- Garage spaces
- 2
- Total parking
- 2
- Annual taxes
- $4,014
- Tax year
- 2026
- HOA / condo fee
- $0
- Fee frequency
- Monthly
- Neighborhood
- Silver Lake
- County
- Providence
Features
- Heating
- Natural Gas, Baseboard
- Cooling
- Wall Unit(s)
- Basement
- None
- Appliances
- Gas Water Heater
- Interior
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
- Fireplace
- None
- Laundry
- Off Site
- Parking
- Attached
- Construction
- Dry Wall, Masonry, Other Siding, Shingles, Vinyl Siding
- Utilities
- Sewer Connected, Water Connected
- Sewer
- Public
- Water
- Public
- Community
- Bus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Restaurants, Schools, Shopping
- Exterior
- Patio, Porch
- Lot
- Sidewalks
Location
MLS# 1421951 · Source: State-Wide Multiple Listing Service, Inc. · Listing courtesy of Smith And Oak Real Estate Co.
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