$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 facts

Property type

Multi Family

Year built

1915

Lot size (acres)

0.051

Total rooms

14

Garage spaces

0

Total parking

0

Annual taxes

$5,000

Tax year

2025

HOA / condo fee

$0

County

Providence

Features

Heating

Natural Gas, Baseboard

Cooling

None

Basement

Full, Interior and Exterior, Unfinished

Appliances

Gas Water Heater

Interior

Plumbing (Mixed)

Fireplace

None

Laundry

Off Site

Parking

No Garage

Construction

Vinyl Siding

Sewer

Public Sewer, Public

Water

Municipal, Public

Community

Bus, Commuter Bus, Highway Access, Hospital, Interstate, Public School, Restaurants, Shopping

Location