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61 Douglas Avenue

Providence, RI 02908
  • $550,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 1421978
UPDATED: 70 min ago
$550,000
  • 5
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,552
    SQFT
  • $155
    $/SQFT
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

Fully leased and income-producing 3-family in Providence offering immediate cash flow for investors or an excellent future owner-occupant opportunity. All three units are currently rented, generating strong rental income from day one. The property features spacious layouts, abundant natural light, a full unfinished basement with washer and dryer providing excellent storage, and separately functioning residential units. Conveniently located along Douglas Avenue with quick access to Downtown Providence, Providence College, Rhode Island College, Route 146, I-95, I-295, shopping, restaurants, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is a strong opportunity in a high-demand rental market.

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[Rhode Island Statewide MLS] logo

© 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.
www.onshorerealtors.com/homes/180712297
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61 Douglas Avenue Providence, RI 02908

  • Price: $550,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 70 min ago
  • MLS #: 1421978
5
Beds
3
Baths
0
½ Baths
0.07
Acres
3,552
SQFT
$155
$/SQFT
1930
Built
County:
Providence
Area:
Providence
Property Description
Fully leased and income-producing 3-family in Providence offering immediate cash flow for investors or an excellent future owner-occupant opportunity. All three units are currently rented, generating strong rental income from day one. The property features spacious layouts, abundant natural light, a full unfinished basement with washer and dryer providing excellent storage, and separately functioning residential units. Conveniently located along Douglas Avenue with quick access to Downtown Providence, Providence College, Rhode Island College, Route 146, I-95, I-295, shopping, restaurants, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is a strong opportunity in a high-demand rental market.
Exterior Features

Construction Materials Vinyl Siding Covered Spaces 0 Garage YN No Parking Features No Garage Parking Total 2

Interior Features

Appliances Gas Water Heater Basement Full Interior Entry Unfinished Basement YN Yes Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Hardwood Laminate Other Heating Gas Steam Heating YN Yes

Property Features

Electric Circuit Breakers Human Modified YN Yes Land Lease YN No New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Structure Type Apartment Tax Annual Amount 3553 Tax Assessed Value 470600 Tax Lot 415 Tax Year 2025 Utilities Sewer Connected Water Source Connected

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Century 21 Limitless: .



[Rhode Island Statewide MLS] logo

© 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.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891