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98 Penn Street

Providence, RI 02909
  • $699,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 1375616
$699,000
  • 6
    BEDS
  • 0.04
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,043
    SQFT
  • $342
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

Located between Atwells Avenue & Broadway, 98 Penn Street offers a prime opportunity to experience the vibrant & eclectic West Side of Providence. This legal three-family property features three well-appointed two-bedroom, one-bath units, each with hardwood floors & architectural details that add to the home's character. ** The interiors & mechanicals have been updated, while long-term tenancy has kept rents below market value, presenting significant upside potential. Each unit offers a functional layout with well-proportioned rooms, maintaining a balance of charm & modern convenience.** Ideally situated with easy access to downtown, the East Side, hospitals, highways, & within walking distance to the train station, this property is well-positioned for both investors & owner-occupants seeking a strong location & long-term value.

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[Rhode Island Statewide MLS] logo

© 2025 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: 2025-04-22T23:37:35.873.
www.onshorerealtors.com/homes/160834133
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98 Penn Street Providence, RI 02909

  • Price: $699,000
  • Status: Active
  • On Site: 56 Days
  • MLS #: 1375616
6
Beds
3
Baths
0
½ Baths
0.04
Acres
2,043
SQFT
$342
$/SQFT
1920
Built
Neighborhood:
West Side/ Federal Hill
County:
Providence
Area:
Providence
Property Description
Located between Atwells Avenue & Broadway, 98 Penn Street offers a prime opportunity to experience the vibrant & eclectic West Side of Providence. This legal three-family property features three well-appointed two-bedroom, one-bath units, each with hardwood floors & architectural details that add to the home's character. ** The interiors & mechanicals have been updated, while long-term tenancy has kept rents below market value, presenting significant upside potential. Each unit offers a functional layout with well-proportioned rooms, maintaining a balance of charm & modern convenience.** Ideally situated with easy access to downtown, the East Side, hospitals, highways, & within walking distance to the train station, this property is well-positioned for both investors & owner-occupants seeking a strong location & long-term value.
Exterior Features

Construction Materials Shingle Siding Wood Siding Covered Spaces 0 Garage YN No Parking Features No Garage Parking Total 1

Interior Features

Appliances Gas Water Heater Basement Full Unfinished Walk- Out Access Basement YN Yes Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Hardwood Heating Baseboard Gas Heating YN Yes

Property Features

Community Features Highway Access Near Schools Public Transportation Recreation Area Restaurant Shopping Electric Circuit Breakers Human Modified YN Yes Inclusions Also see adjacent property & portfolio package deal consisting of 3 multi-family properties: MLS Number 1375614 & 1381325 Land Lease YN No New Construction YN No Operating Expense 12233 Property Sub Type Multi Family Senior Community YN No Sewer Connected Tax Annual Amount 7674 Tax Assessed Value 418200 Tax Lot 221 Tax Year 2024 Utilities Sewer Connected Water Source Connected Zoning R-3

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of Westcott Properties: .



[Rhode Island Statewide MLS] logo

© 2025 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: 2025-04-22T23:37:35.873.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891