7 Newton Street Providence, RI $ 1,000,000
7 Newton Street
$ 1,000,000
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7 Newton Street

Providence, RI, 02903
$ 1,000,000
Bedrooms11 Baths4.1 Sq 3,638

Monthly Estimate*

$ 6,907

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Multi-Family Home for sale in Providence, RI

for $1,000,000 with 11 bedrooms and 4 full baths, 1 half bath. This 3,638 square foot home was built in 1920 on a lot size of 0.04.

Rare Federal Hill 4-unit, same owner since 1976. Owner-occupy one apartment and let three rents help carry the mortgage or add a below-market-rent value-add to your portfolio. This 1920 building offers two 4-bedroom apartments (2nd and 3rd floors, with city views, a 2-bedroom, and a 1-bedroom, 11 bedrooms in all. The 1st floor 2-bedroom will be delivered vacant at closing. The other three units are rented month-to-month, and tenants pay their own gas and electric. Heating is individual to each unit (hot-water baseboard in one, gas-fired and electric in the others), and all heating systems were serviced for the season. Individual gas hot water heaters, electrical panels upgraded in 2014, new electrical service lines and meters installed spring 2026, and an addressable fire alarm system serviced twice a year. Lead inspection passed November 2026; certificate and report available on request. Rents are below market. Atwells Avenue is right outside your door, with restaurants within 175 feet. Within walking distance of downtown: 0.3 mile to the arena and 0.7 mile to the performing arts center, with hotels, restaurants, galleries, and event venues nearby, plus DePasquale Square close by. Showings by appointment with tenant notice. Please do not disturb occupants.

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

11

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 4,811

Style

Lot Size

0.04

Year Built

1920

Town/City

Providence

County/Region

Providence

MLS | Web ID

1427612

Features
General
Sewer Connected
Heating Baseboard Electric Gas Space Heater
Cooling None
Utilities Sewer Connected
Possession Close Through 45 Days
Garage Spaces 0
Construction Materials Plaster Vinyl Siding
Year Built 1920
Electric 100 Amp Service Circuit Breakers Separate Meters
Tenant Pays Hot Water
Property Subtype Multi Family
Tax Year 2026
Community Features Highway Access Near Hospital Near Schools Public Transportation Restaurant Shopping Sidewalks
County Providence
Operating Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Federal Hill
Garage Y/N false
Total Rooms 19
Full Baths 4
Status Active
City Providence
Senior Community Y/N false
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 1742
Land Lease Y/N false
Tax Annual Amount 4811
Structure Type Apartment
Standard Status Active
Tax Assessed Value 637200
Tax Lot 114
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Interior
Interior Amenities Tub Shower
Basement Full Interior Entry Unfinished
Flooring Carpet Ceramic Tile Vinyl
Total Fireplaces 0
Fireplace Features None
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Window Features Thermal Windows
Fireplace Y/N false
Half Baths 1
Laundry Features Common Area
Total Bedrooms 11
Total Baths 5
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Exterior
Exterior Amenities Paved Driveway
Parking Features No Garage
Lot Features Paved
Water Source Connected Public
Total Parking 1
Inclusions Lead Safe Certificates are in process. Results indicated safe levels. All tenants are month to month. Cap rates are available upon request. Taxes reflect owner occupied rate plus an additional exemption. Roof replaced 2025.
Lot Size Area 1742
Foundation Details Combination Stone
Number of Buildings 1
Building Area Total 3638
Lot Size Acres 0.04
Frontage Length 38
Covered Spaces 0
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* Excluded Features
List By
August Associates, Llc

Broker

jmccarthy@necompass.com

Email

Affordability Calculator

$7,308
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,907
Monthly Property Taxes
$401
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
11/5/2026$1,000,000 Listed Price

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7 Newton Street, Providence, RI, 02903 is a Multi-Family Home for sale at $1,000,000 with 3,638 sqft and a lot size of 0.04. 7 Newton Street has 11 bedrooms, 4.1 baths, and was built in 1920. The property's zip code is 02903 which is in Providence, RI