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Gold Door Realty

info@golddoorrealty.com +1(401) 343-7007

$ 1,500,000

Est. payment | -/mo

11 Beds

6 Baths

5,653 SqFt

Save

$ 1,500,000

Est. payment | -/mo

Save

11 Beds

6 Baths

5,653 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,653 sqft

Price per Sqft $265

Subdivision Federal Hill, West Side

MLS Listing ID 1422669

Style Stacked

Bedrooms 11

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 5,653

Year Built 1953

Annual Tax Amount $14,947

Tax Year 2026

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Multi Family

Property Description

Former convent with maintenance-free brick exterior, reimagined into a documented income-producing property across three floors. Eleven bedrooms and six baths span a layout built for shared occupancy: the first floor centers on a spacious furnished common area with vending for guest convenience, an ensuite with private bath, and two bedrooms sharing a bath; the second and third floors each repeat an ensuite plus three bedrooms sharing a common bath and kitchen. That room-around-common-space structure extends this property's appeal beyond the conventional investor to group home operators, transitional or sober-living housing, student housing, and institutional or nonprofit buyers. **A finished lower level adds five rooms, a bath, and coin-op laundry not counted toward the bedroom total due to window egress sizing, offering future expansion potential once brought into code compliance.**Documented annual income runs $174,960 across a diversified revenue base long-term tenancy alongside an active short-term rental operation through Airbnb and Cloudbeds and the property is sold fully furnished, running near a 7.5% cap rate at the current ask.**Located in the heart of Federal Hill, within walking distance of Atwells Avenue's restaurants, shops, and entertainment, with the West Side's full range of amenities close by. Ample on-site parking, a nearby dog park, and easy access to downtown Providence and the train.

Location

State RI

County Providence

Community Federal Hill, West Side

Zoning R-3

Rooms

Basement Exterior Entry, Full, Finished, Interior Entry

Interior

Interior Features Stall Shower

Heating Baseboard, Gas, Hot Water, Steam

Cooling 1 Unit

Flooring Laminate, Other

Fireplace No

Appliance Gas Water Heater, Oven, Range, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Paved Driveway

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Sewer Connected

Total Parking Spaces 8

Garage No

Building

Sewer Connected

Water Connected

Architectural Style Stacked

Structure Type Drywall,Brick

New Construction No

Others

Senior Community No

Tax ID 67RIDGESTPROV

Listed by Westcott Properties

Nearby Locations

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Gold Door Realty

Broker REC.5240. MA: 424132. CT: B794694

+1(401) 343-7007

67 Ridge ST Providence, RI 02909

Gold Door Realty

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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67 Ridge ST

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