23 Whitehall Providence, RI $ 999,000
23 Whitehall
$ 999,000
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23 Whitehall

Providence, RI, 02909
$ 999,000
Bedrooms8 Baths7.0 Sq 4,589

Monthly Estimate*

$ 6,151

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Multi-Family Home for sale in Providence, RI

for $999,000 with 8 bedrooms and 7 full baths. This 4,589 square foot home was built in 1900 on a lot size of 0.12.

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-market rents, presenting a clear and immediate value-add opportunity. This is a stabilized, income-producing asset with operational upside—ideal for investors seeking strong in-place cash flow with the ability to increase yield through rent growth.

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Multi-Family Active

Price

$ 999,000

Bedrooms

8

Full Bath

7

Property Type

Multi-Family

Taxes

$ 12,324

Style

5-9 Family

Lot Size

0.12

Year Built

1900

Town/City

Providence

County/Region

Providence

MLS | Web ID

73508855

List By
Donald Martone

Listing Agent

Bond Brokerage

Broker

Affordability Calculator

$7,178
Per Month
86%
14%
0%
Monthly Principal & Interest
$6,151
Monthly Property Taxes
$1,027
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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Pricing History
DatePricePrice ChangeDescription
4/29/2026$999,000 Listed Price

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23 Whitehall, Providence, RI, 02909 is a Multi-Family Home for sale at $999,000 with 4,589 sqft and a lot size of 0.12. 23 Whitehall has 8 bedrooms, 7.0 baths, and was built in 1900. The property's zip code is 02909 which is in Providence, RI