787 Admiral Street Providence, RI $ 3,750,000
787 Admiral Street
$ 3,750,000
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787 Admiral Street

Providence, RI, 02908
$ 3,750,000
Bedrooms-- Baths--

Monthly Estimate*

$ 23,089

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Commercial Property for sale in Providence, RI

for $3,750,000. This building was built in 1970.

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Admiral Apartments, a multi-family investment property located at 777-787 Admiral Street in Providence, RI (the Property ). The multi-story brick buildings, situated on two ({2) tax parcels, contain eleven (11) 2-Bedroom/1-Bathroom units and six (6) 1-Bedroom/1-Bathroom units, with five (5) 1-Bedroom/1-Bathroom units at 777 Admiral and 787 Admiral containing eleven (11) 2-Bedroom/1-Bathroom units and one (1) 1-Bedroom/1 Bathroom unit. The Property contains 10,130 square feet of gross living area in 15,272 square feet of gross area, situated upon a combined 0.42-acre parcels and features 20+ off-street parking spaces. The Property features durable brick construction, a highly desirable attribute for multifamily housing that provides long-term structural integrity, fire resistance, and reduced maintenance requirements. Brick construction also delivers superior sound attenuation and thermal efficiency, contributing to lower utility costs and enhanced resident comfort while preserving long term aesthetic appeal.

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Commercial Active

Price

$ 3,750,000

Property Type

Commercial

Taxes

$ 49,677

Style

Year Built

1970

Town/City

Providence

County/Region

Providence

MLS | Web ID

1414498

Features
General
Sewer Public Sewer
Construction Materials Brick
Year Built 1970
Electric 100 Amp Service
Property Subtype Commercial
Tax Year 2025
Business Type Residential
County Providence
New Construction false
Property Type Commercial Sale
Status Active
City Providence
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 20473
Land Lease Y/N false
Tax Annual Amount 49677
Standard Status Active
Tax Assessed Value 2052900
Tax Lot 309
Cap Rate 7.65
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Interior
Total Stories 0
Total Baths 0
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Exterior
Total Parking 22
Lot Size Area 20473
Number of Buildings 2
Building Area Total 0
Road Surface Type Asphalt
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* Excluded Features
List By
Horvath & Tremblay

Broker

smchale@htapartments.com

Email

Affordability Calculator

$27,229
Per Month
85%
15%
0%
Monthly Principal & Interest
$23,089
Monthly Property Taxes
$4,140
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
6/4/2026$3,750,000 Listed Price

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787 Admiral Street, Providence, RI, 02908 is a Commercial Property for sale at $3,750,000. 787 Admiral Street was built in 1970. The property's zip code is 02908 which is in Providence, RI