Search / Providence / 7 Newton Street

Active · 0 days on market

$1,000,000

7 Newton Street, Providence, RI 02903

11 bd · 5 ba · built 1920

Listing courtesy of August Associates, Llc, Joe McCarthy

About this home

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.

Property facts

Property type
Multi Family
Year built
1920
Lot size (acres)
0.04
Total rooms
19
Garage spaces
0
Total parking
1
Annual taxes
$4,811
Tax year
2026
Neighborhood
Federal Hill
County
Providence

Features

Heating
Electric, Natural Gas, Baseboard, Gas on Gas, Space Heater
Cooling
None
Basement
Full, Interior Only, Unfinished, Laundry
Appliances
Exhaust Fan, Oven, Range, Refrigerator, Gas Water Heater
Interior
Wall (Cermaic), Wall (Paneled), Wall (Plaster), Plumbing (Copper), Plumbing (Mixed), Insulation (Unknown)
Fireplace
None
Laundry
In Building
Parking
No Garage
Construction
Ceramic, Paneled, Plaster, Vinyl Siding
Utilities
Sewer Connected, Water Connected
Water
Public
Community
Bus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Restaurants, Schools, Shopping
Lot
Paved Driveway, Paved, Sidewalks

Location

MLS# 1427612 · Source: State-Wide Multiple Listing Service, Inc. · Listing courtesy of August Associates, Llc

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