241 Pocasset Avenue Providence, RI $ 1,750,000
241 Pocasset Avenue
$ 1,750,000
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241 Pocasset Avenue

Providence, RI, 02919
$ 1,750,000
Bedrooms11 Baths8.0 Sq 5,535

Monthly Estimate*

$ 10,775

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Multi-Family Home for sale in Providence, RI

for $1,750,000 with 11 bedrooms and 8 full baths. This 5,535 square foot home was built in 2024 on a lot size of 0.0579.

Turnkey, high-yield 8-unit new construction investment ready for immediate cash flow. Nearing completion and already in the process of securing tenants, this asset eliminates lease-up risk and positions the next owner for instant income. Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property caters to strong rental demand. A valuable 5-year tax stabilization agreement is in place, with taxes starting at just 20% in Year 1 and 40% in Year 2 dramatically boosting early returns and investor ROI. Priced at $1,750,000, this is an exceptional opportunity for a savvy investor to acquire a low-maintenance, income-producing asset with significant financial advantages and long-term appreciation potential.

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Multi-Family Active

Price

$ 1,750,000

Bedrooms

11

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0579

Year Built

2024

Town/City

Providence

County/Region

Providence

MLS | Web ID

1409780

Features
General
Sewer Connected
Heating Gas
Cooling Central Air
Utilities Sewer Connected
Possession Close Through 45 Days
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 2024
Electric 200+ Amp Service
Property Subtype Multi Family
Tax Year 2025
County Providence
Operating Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Total Rooms 16
Full Baths 8
Status Active
City Providence
Senior Community Y/N false
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 2523
Land Lease Y/N false
Tax Annual Amount 0
Virtual Tour https://tour.RiLiving.com/241-Pocasset-Avenue-Providence-RI-02919--1409780
Structure Type Apartment
Standard Status Active
Tax Assessed Value 252100
Tax Lot 202
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Interior
Basement Full Finished Interior Entry
Flooring Vinyl
Total Fireplaces 0
Total Stories 0
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Total Bedrooms 11
Total Baths 8
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Exterior
Parking Features No Garage
Water Source Connected Public
Total Parking 0
Lot Size Area 2523
Number of Buildings 1
Building Area Total 5535
Lot Size Acres 0.0579
Covered Spaces 0
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* Excluded Features
List By
Innovations Realty

Broker

madelynndee@gmail.com

Email

Affordability Calculator

$10,775
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,775
Monthly Property Taxes
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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
4/11/2026$1,750,000 Listed Price

Map


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241 Pocasset Avenue, Providence, RI, 02919 is a Multi-Family Home for sale at $1,750,000 with 5,535 sqft and a lot size of 0.0579. 241 Pocasset Avenue has 11 bedrooms, 8.0 baths, and was built in 2024. The property's zip code is 02919 which is in Providence, RI