116 Bishop Avenue
East Providence, RI, 02916 $ 629,000
Bedrooms4 Baths2.0 Sq 9,583 Monthly Estimate*
$ 4,344
for $629,000 with 4 bedrooms and 2 full baths. This 9,583 square foot home was built in 1900 on a lot size of 0.21.
Rare opportunities like this don't come along often! Welcome to 116 Bishop Ave in Rumford, RI. This spacious two-family home offers an exceptional opportunity for both investors and owner-occupants in one of Rumford's most desirable neighborhoods. Each unit features beautiful hardwood floors throughout, a generous double parlor connecting the living and dining rooms, an eat-in kitchen, two bedrooms, a full bathroom, and a bright bonus sunroom perfect for a home office, reading nook, or additional living space. The second-floor unit also includes a walk-up attic with excellent potential to be finished into additional living area. The basement provides ample storage space and includes coin-op laundry, along with additional washer and dryer hookups. Numerous recent improvements offer peace of mind, including a new roof, a new boiler, a new hot water tank, updated structural beam and Lally columns, recently paved driveway, new insulation, updated basement stairs, remodeled kitchens and bathrooms, updated appliances, and lead-safe certification. Utilities are separately metered, with a shared water meter and landlord electrical panel already in place. Ideally located within walking distance to the Ten Mile River Greenway, Rock Athletic Field, Turner Reservoir, Bridgham Farm, local bakery, and more. Whether you're looking to expand your portfolio or occupy one unit while generating rental income from the other, this is a fabulous investment opportunity you won't want to miss.
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FeaturesGeneralSewer Connected Public Sewer
Heating Baseboard Forced Air Gas Hot Water Steam
Cooling None
Utilities Sewer Available Sewer Connected Water Available
Possession Close Plus 45 to 90 Days Rental Agreement
Zoning R4
Garage Spaces 3
Construction Materials Drywall Vinyl Siding
Year Built 1900
Electric 100 Amp Service
Property Subtype Multi Family
Tax Year 2025
Community Features Golf Highway Access Near Hospital Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s)
County Providence
Operating Expense 3600
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name Rumford
Garage Y/N true
Total Rooms 12
Full Baths 2
Status Active
City East Providence
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 9148
Land Lease Y/N false
Tax Annual Amount 7788
Standard Status Active
Tax Assessed Value 595900
Tax Lot 006
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InteriorInterior Amenities Attic Interior Steps Permanent Attic Stairs Storage Stall Shower Tub Shower Cable TV
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Hardwood Laminate
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area
Total Bedrooms 4
Total Baths 2
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ExteriorExterior Amenities Breezeway Paved Driveway
Parking Features Detached Garage
Water Source Connected Public
Total Parking 10
Inclusions Tenant 1 lease period ends December 31st 2026. Tenants 2 lease until August 31st 2027.
Lot Size Area 9148
Foundation Details Brick/Mortar
Number of Buildings 2
Building Area Total 9583
Lot Size Acres 0.21
Covered Spaces 3
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* Excluded FeaturesList BySpitz-Weiss, RealtorsBroker
bridget@spitzweiss.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,344
- Monthly Property Taxes
- $649
- 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.
Learn more about how to save NearbyMulti-family listings in East Providence, RI
Average List Price $577,461
Percent of Sale Price 8%
About East Providence, RI 47,723 Population
-2% Since 2002
$ 53,338 Median Income
43.61 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/21/2026 | $629,000 | | Listed Price |