56 Ivy Street Providence, RI $ 1,029,000
56 Ivy Street
$ 1,029,000
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56 Ivy Street

Providence, RI, 02906
$ 1,029,000
Bedrooms7 Baths4.0 Sq 3,944

Monthly Estimate*

$ 6,336

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View a Virtual Tour

Multi-Family Home for sale in Providence, RI

for $1,029,000 with 7 bedrooms and 4 full baths. This 3,944 square foot home was built in 1900 on a lot size of 0.13.

Turnkey income producing 3 family investment! This well-maintained multi-family property offers strong income potential and long-term value. Major capital improvements already completed with a 2 1/2 yr old roof, and hard wired smoke detectors for code compliance. Each unit is spacious and thoughtfully designed with separate entrances, generous layouts, abundant natural light, and functional kitchens and living areas ideal for today's renters. In addition to the 3 units, there is also a first floor art studio with bath, and a second level office and flex space. The basement has plenty of storage, a workshop, and coin-op washer and dryer. The property also features a rare large, private fenced yard - an added bonus for tenants and owner occupied alike! Tenants enjoy convenient access to nearby shopping, dining, schools, and major transportation routes, making this a highly desirable location. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents a rare and versatile opportunity. The current owners have primarily chosen mid-term monthly rentals that have included utilities however each unit is separately metered proving flexibility. Taxes are based on owner occupied rate. Owners will sell fully furnished if desired.

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Multi-Family Pending

Price

$ 1,029,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,731

Style

Lot Size

0.13

Year Built

1900

Town/City

Providence

County/Region

Providence

MLS | Web ID

1405134

Features
General
Sewer Connected
Heating Baseboard Forced Air Gas Hydro Air Steam
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Immediately
Garage Spaces 0
Construction Materials Plaster Clapboard Vinyl Siding
Year Built 1900
Electric 200+ Amp Service Circuit Breakers Separate Meters
Property Subtype Multi Family
Tax Year 2025
Community Features Golf Highway Access Marina Near Hospital Near Schools Other Pool Public Transportation Recreation Area Restaurant Shopping See Remarks Tennis Court(s)
County Providence
Operating Expense 16009
New Construction false
Property Type Residential Income
Subdivision Name East Side
Garage Y/N false
Total Rooms 18
Full Baths 4
Status Pending
City Providence
Senior Community Y/N false
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 5663
Land Lease Y/N false
Tax Annual Amount 6731.64
Virtual Tour https://tour.RiLiving.com/56-Ivy-Street-Providence-RI-02906
Standard Status Pending
Tax Assessed Value 957700
Tax Lot 130
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Interior
Interior Amenities Attic Permanent Attic Stairs Storage Tub Shower Furnished
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Ceramic Tile Hardwood
Furnished Y/N Furnished
Total Fireplaces 0
Fireplace Features None
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area
Total Bedrooms 7
Total Baths 4
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Exterior
Fencing Fenced
Parking Features No Garage
Water Source Connected
Total Parking 4
Inclusions First floor entry chandelier does not convey.
Lot Size Area 5663
Foundation Details Brick/Mortar Stone
Number of Buildings 1
Building Area Total 3944
Lot Size Acres 0.13
Covered Spaces 0
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* Excluded Features
List By
Mott & Chace Sotheby's Intl.

Broker

christine.dupuis@mottandchace.com

Email

Affordability Calculator

$6,897
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,336
Monthly Property Taxes
$561
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$1,029,000 Listed Price

Map


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56 Ivy Street, Providence, RI, 02906 is a Multi-Family Home for sale at $1,029,000 with 3,944 sqft and a lot size of 0.13. 56 Ivy Street has 7 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 02906 which is in Providence, RI