High-Potential 3-Family Investment with Land! Exceptional cash-flow opportunity featuring strong existing income and major value-add potential. 1st Floor: Two 1-bed/1-bath units (one active Airbnb). 2nd Floor: Fully renovated 3-bed/1.5-bath unit. 3rd Floor: Needs cosmetic updates easy value-add to maximize rent. Basement: Subdivided into two 1-bed units for potential extra income. Development Opportunity: Features an oversized lot with subdivision potential to build a second 3-family, plus an included rear vacant lot ideal for expansion, parking, or new construction. Buyer to verify zoning and permits. Excellent portfolio builder!
Turnkey 7-unit compound with significant upside in a strong Providence rental market. The asset consists of a 6-unit main building featuring (6) one-bed, one-bath units with gas baseboard heat, plus a detached ~989 SF cottage offering a 2-bed, 1-bath layout with electric baseboard heat. Ownership has completed all major capital improvements, including upgraded boilers and hot water systems, minimizing near-term capex. The property is professionally managed and benefits from tenant-paid utilities, creating an efficient and predictable expense structure. Off-street parking adds to tenant appeal and retention. Current gross income is $98,448, with a pro forma of $111,600, driven by below-marke
7 unit compound • Detached cottage • Off street parking
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ABOUT THIS HOME
02909, RI Homes for Sale
Welcome to 79 Barrows Street, a spacious single-family home located in Providence's desirable Silver Lake neighborhood. Situated on a corner lot, this home offers a flexible floor plan with three generously sized bedrooms, two full bathrooms, and a convenient half bath. The updated kitchen features stainless steel appliances, a center island, and flows seamlessly into the expansive living and dining areas, creating the perfect setting for everyday living and entertaining. Additional finished space in the attic and lower level provides endless possibilities for a home office, playroom, gym, or guest accommodations. Step outside to enjoy the inviting front porch, rear deck, and above-ground p
New construction • Front porch • Private entrances
ABOUT THIS HOME
02909, RI Homes for Sale
Excellent opportunity to own a vacant lot on a well-traveled main street in Providence. This parcel offers outstanding visibility and easy access, making it an attractive option for future development or investment. A mechanic shop is located behind the property, adding to the established commercial presence in the area. Conveniently situated near major highways, public transportation, shopping, restaurants, and other local amenities. Buyers are encouraged to perform their own due diligence regarding zoning, permitted uses, utilities, and any required approvals with the City of Providence. Don't miss the chance to secure land in a prime Providence location with excellent potential.