Description
Welcome to 119 Elmwood Avenue, a legal three-family property offering an excellent opportunity for both owner-occupants and investors. Whether you're a first-time homebuyer looking to begin building equity through real estate or an investor seeking to expand your portfolio, this multifamily offers flexibility and long-term potential. For an owner-occupant, this is an opportunity to live in one unit while generating rental income from the additional units to help offset monthly housing expenses. Investors can take advantage of three separate units and the property's established multifamily configuration. The property features spacious living areas, functional kitchens and baths, separate utilities, off-street parking, and additional basement storage. The units offer comfortable layouts with a combination of wood, tile, and updated flooring, along with opportunities for continued improvements and future value enhancement. Conveniently located near Downtown Providence, schools, shopping, restaurants, public transportation, and major highway access, the property provides easy connectivity to many of the amenities Providence has to offer. Whether you're looking to purchase your first multifamily, pursue an owner-occupied investment strategy, or add another income-producing property to your portfolio, 119 Elmwood Avenue is an opportunity worth exploring. Schedule your private showing today!
-
7BEDS
-
0.09ACRES
-
3BATHS
-
01/2 BATHS
-
3,800SQFT
-
$197$/SQFT
School Ratings & Info
Description
Welcome to 119 Elmwood Avenue, a legal three-family property offering an excellent opportunity for both owner-occupants and investors. Whether you're a first-time homebuyer looking to begin building equity through real estate or an investor seeking to expand your portfolio, this multifamily offers flexibility and long-term potential. For an owner-occupant, this is an opportunity to live in one unit while generating rental income from the additional units to help offset monthly housing expenses. Investors can take advantage of three separate units and the property's established multifamily configuration. The property features spacious living areas, functional kitchens and baths, separate utilities, off-street parking, and additional basement storage. The units offer comfortable layouts with a combination of wood, tile, and updated flooring, along with opportunities for continued improvements and future value enhancement. Conveniently located near Downtown Providence, schools, shopping, restaurants, public transportation, and major highway access, the property provides easy connectivity to many of the amenities Providence has to offer. Whether you're looking to purchase your first multifamily, pursue an owner-occupied investment strategy, or add another income-producing property to your portfolio, 119 Elmwood Avenue is an opportunity worth exploring. Schedule your private showing today!
![[Rhode Island Statewide MLS] logo](https://static.boomtownroi.com/content/photos/rhodeisland/idx/idx-large.gif)
© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-10T23:37:52.747.