461 Elmwood Avenue Providence, RI $ 2,599,999
461 Elmwood Avenue
$ 2,599,999
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461 Elmwood Avenue

Providence, RI, 02907
$ 2,599,999
Bedrooms31 Baths16.0 Sq 13,216

Monthly Estimate*

$ 17,958

461 Elmwood Avenue, Providence, RI 02907 - Image 1
461 Elmwood Avenue, Providence, RI 02907 - Image 2
461 Elmwood Avenue, Providence, RI 02907 - Image 3
461 Elmwood Avenue, Providence, RI 02907 - Image 4
461 Elmwood Avenue, Providence, RI 02907 - Image 5
461 Elmwood Avenue, Providence, RI 02907 - Image 6

Multi-Family Home for sale in Providence, RI

for $2,599,999 with 31 bedrooms and 16 full baths. This 13,216 square foot home was built in 1930 on a lot size of 0.13.

RARE FIND! Cash Flow Positive with 9% Cap Rate 16 Residential Units Fully registered with Lead Certificates in place. Gross annual rent of $329,000 with NOI of $235,000. Renovated inside and out in 2024. New gas lines, electric upgrades, new hot water heaters and many cosmetic updates. Unit Mix - Five 3 bed / 1 bath. Three 2 bed / 1 bath. Five 1 bed / 1 bath. Three Studio / 1 bath. Seller is licensed RE agent.

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Multi-Family Active

Price

$ 2,599,999

Bedrooms

31

Full Bath

16

Property Type

Multi-Family

Taxes

$ 45,036

Style

Lot Size

0.13

Year Built

1930

Town/City

Providence

County/Region

Providence

MLS | Web ID

1427053

Features
General
Sewer Connected Public Sewer
Heating Baseboard Gas Steam
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Negotiable
Zoning Res
Garage Spaces 0
Security Features Security System Owned
Construction Materials Drywall Plaster Brick Masonry
Year Built 1930
Electric Separate Meters
Property Subtype Multi Family
Tax Year 2025
Community Features Highway Access Near Schools Public Transportation Recreation Area Shopping
County Providence
Operating Expense 105000
New Construction false
Property Type Residential Income
Garage Y/N false
Total Rooms 60
Full Baths 16
Status Active
City Providence
Senior Community Y/N false
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 5663
Land Lease Y/N false
Tax Annual Amount 45036
Standard Status Active
Tax Assessed Value 1580200
Tax Lot 437
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Interior
Basement Exterior Entry Full Interior Entry Partially Finished
Flooring Ceramic Tile Hardwood Vinyl
Total Fireplaces 0
Fireplace Features None
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area
Total Bedrooms 31
Total Baths 16
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Exterior
Parking Features No Garage
Water Source Public
Total Parking 0
Lot Size Area 5663
Number of Buildings 1
Building Area Total 13216
Lot Size Acres 0.13
Covered Spaces 0
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* Excluded Features
List By
The Greene Realty Group

Broker

office@TheGreeneRealtyGroup.com

Email

Affordability Calculator

$21,711
Per Month
83%
17%
0%
Monthly Principal & Interest
$17,958
Monthly Property Taxes
$3,753
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/27/2026$2,599,999 Listed Price

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461 Elmwood Avenue, Providence, RI, 02907 is a Multi-Family Home for sale at $2,599,999 with 13,216 sqft and a lot size of 0.13. 461 Elmwood Avenue has 31 bedrooms, 16.0 baths, and was built in 1930. The property's zip code is 02907 which is in Providence, RI