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85 Governor Street Providence, RI $ 1,499,000
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$ 1,499,000 Get more info
85 Governor Street
$ 1,499,000
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85 Governor Street

Providence, RI, 02906
$ 1,499,000
Bedrooms-- Baths-- Sq 3,750

Monthly Estimate*

$ 9,230

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Commercial Property for sale in Providence, RI

for $1,499,000. This 3,750 square foot building was built in 1940 on a lot size of 0.1377.

Investors take notice! Must see SIX (6) unit multi-family house available in the College Hill neighborhood on the East Side of Providence. Within walking distance to Brown University, RISD and Thayer Street. Easy access to highways, parks, restaurants, shopping, etc. This house features a brand new whole house boiler system, a brand new whole house on demand water heater, newer windows and roof. All units have been well maintained and have hardwood floors, some units have new stainless steel appliances and updated bathrooms. This property has been lead certified. Strong steady rental income stream with long term leases. There is also a SIX (6) bay garage for added income or possible ADU(s). Property is also listed on MLS as Multi-Family Residential MLS#1410945.

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Commercial Active

Price

$ 1,499,000

Property Type

Commercial

Taxes

$ 21,986

Style

Lot Size

0.1377

Year Built

1940

Town/City

Providence

County/Region

Providence

MLS | Web ID

1412337
Features
General
Sewer Connected Public Sewer
Heating Gas Steam
Cooling None
Utilities Cable Available Electricity Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected
Possession Close Plus 45 to 90 Days
Construction Materials Masonry
Year Built 1940
Electric Circuit Breakers Separate Meters 220 Volts
Tenant Pays Electricity
Stories Count 3
Levels Three Or More
Property Subtype Business
Tax Year 2026
Gross Income 128100
Community Features Golf Highway Access Marina Near Hospital Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) Sidewalks
County Providence
Operating Expense 41500
New Construction false
Property Type Business Opportunity
Subdivision Name Fox Point / College Hill
Possible Use Commercial Mixed Use Residential
Status Active
City Providence
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 6000
Number of Units Leased 6
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 21986
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 845600
Tax Lot 324
Property Sub Type Additional Business
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Interior
Basement Full
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Common Area
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 10
Inclusions THIS PROPERTY HAS 6 UNITS. EACH UNIT HAS 4 ROOMS WITH 1 BED 1 FULL BATH AND IS APPROXIMATELY 625 SQ. FEET.
Lot Size Area 6000
Foundation Details Brick/Mortar Concrete Perimeter
Number of Buildings 1
Building Area Total 3750
Lot Size Acres 0.1377
Road Surface Type Asphalt
Frontage Length 60
Road Frontage Type City Street
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* Excluded Features
List By
Archive Realty

Broker

kellywilson36@gmail.com

Email

Affordability Calculator

$11,062
Per Month
83%
17%
0%
Monthly Principal & Interest
$9,230
Monthly Property Taxes
$1,832
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
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Pricing History
DatePricePrice ChangeDescription
5/12/2026$1,499,000 Listed Price

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85 Governor Street, Providence, RI, 02906 is a Commercial Property for sale at $1,499,000 with 3,750 sqft and a lot size of 0.1377. 85 Governor Street was built in 1940. The property's zip code is 02906 which is in Providence, RI

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