$1,195,000

About this home

A rare four-unit opportunity ideally located in the heart of Wayland Square on Providence’s desirable East Side. The property is currently fully rented and offers an attractive combination of immediate income and future owner-occupancy potential. The spacious first apartment features approximately 1,100 square feet with two bedrooms, one full bath and four separate entry doors. The second apartment is a studio, while the third and fourth apartments each offer one bedroom and one bath. Additional features include vinyl replacement windows, stainless-steel appliances and two off-street parking spaces. Continue operating the property as a fully occupied investment or explore the opportunity to occupy the larger first-floor apartment while collecting income from the remaining three units. Its highly walkable Wayland Square location places shops, cafés, restaurants and neighborhood conveniences close at hand. The individual apartments may also offer short-term-rental potential, subject to applicable Providence regulations, licensing and approvals. Don't miss this one!

Property facts

Property type

Multi Family

Year built

2025

Lot size (acres)

0.05

Total rooms

12

Garage spaces

0

Total parking

2

Annual taxes

$13,601

Tax year

2025

Neighborhood

Wayland

County

Providence

Features

Heating

Natural Gas, Baseboard, Forced Water, Gas Connected

Cooling

Window Unit(s)

Basement

Full, Interior Only, Unfinished, Bathroom, Laundry, Storage Space, Utility

Appliances

Dishwasher, Dryer, Disposal, Oven, Range, Refrigerator, Washer, Gas Water Heater

Interior

Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)

Fireplace

Brick

Laundry

Common Area, In Building

Parking

No Garage

Construction

Dry Wall, Plaster, Clapboard

Utilities

Sewer Connected, Water Connected

Sewer

In Fee, Public Sewer

Water

In Fee, Municipal

Community

Bus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis

Lot

Paved Driveway, Sidewalks

Location