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513 Charles Street Providence, RI $ 999,000
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513 Charles Street
$ 999,000
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513 Charles Street

Providence, RI, 02904
$ 999,000
Bedrooms-- Baths-- Sq 3,550

Monthly Estimate*

$ 6,151

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Commercial Property for sale in Providence, RI

for $999,000. This 3,550 square foot building was built in 1900.

A RARE PROVIDENCE VALUE-ADD WITH BONUS DEVELOPMENT POTENTIAL. Well-kept 6-unit (legal 5) property in Providence's Charles neighborhood offering strong current income with substantial upside still on the table. Below-market month-to-month rents create immediate opportunity for increased rents, while basic interior renovations offer additional value-add potential. Major capital improvements have already been handled, including a 2-year-old roof, majority newer windows, multiple newer water heaters, foundation repairs, and vinyl siding. The property also offers ample rear parking on a separate, buildable lot, creating rare future development potential beyond the existing asset. Strong infrastructure, flexible tenancy, and multiple paths to increased returns make 513 Charles Street a compelling investment from day one.

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Commercial Active

Price

$ 999,000

Property Type

Commercial

Taxes

$ 18,164

Style

Year Built

1900

Town/City

Providence

County/Region

Providence

MLS | Web ID

1413142
Features
General
Sewer Connected Public Sewer
Heating Baseboard Forced Air Space Heater
Utilities Natural Gas Connected Sewer Connected
Year Built 1900
Electric Circuit Breakers
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2025
Business Type Residential
Community Features Highway Access Near Hospital Near Schools Public Transportation Restaurant Shopping
County Providence
New Construction false
Property Type Commercial Sale
Status Active
City Providence
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 4792
Land Lease Y/N false
Tax Annual Amount 18164
Standard Status Active
Tax Assessed Value 698600
Tax Lot 463
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Interior
Total Stories 3
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 12
Lot Size Area 4792
Foundation Details Brick/Mortar
Number of Buildings 1
Building Area Total 3550
Road Frontage Type City Street
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* Excluded Features
List By
Keller Williams Leading Edge

Broker

Showings@Spectrumrec.com

Email

Affordability Calculator

$7,665
Per Month
80%
20%
0%
Monthly Principal & Interest
$6,151
Monthly Property Taxes
$1,514
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
5/20/2026$999,000 Listed Price

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513 Charles Street, Providence, RI, 02904 is a Commercial Property for sale at $999,000 with 3,550 sqft. 513 Charles Street was built in 1900. The property's zip code is 02904 which is in Providence, RI

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