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23 Richter

Providence, RI 02908
  • $629,900
  • STATUS: Active
  • MLS #: 73470813
UPDATED: 47 min ago
$629,900
  • 6
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,198
    SQFT
  • $197
    $/SQFT
Type:
Single-Family Home
Built:
1930
County:

School Ratings & Info

Listing courtesy of Aleece Silva of eXp Realty.

Description

Well-Maintained Three-Family Investment Property with Upside PotentialThis solidly performing multi-family property features 6 bedrooms and 3 full baths across three units, offering strong and stable income potential. Currently generating $4,500/month in rent, the units are priced below market, allowing immediate value-add opportunities through rent adjustments.Two units include in-unit washer and dryer, increasing tenant appeal and supporting strong retention. Tenancies are primarily month-to-month, with one lease in place through May 2026, providing both flexibility and stability for investors.Recent upgrades include: Roof and porch upgrades, new heating system for 3rd floorLocated within walking distance of the Providence VA Medical Center, and close to Aldi, local colleges and universities, major commuter routes, and TF Green Airport, this property is ideally situated in a high-demand rental area.Perfect for investors seeking stable cash flow.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-02-15T18:03:20.26.
www.northcorners.com/homes/172364876
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23 Richter Providence, RI 02908

  • Price: $629,900
  • Status: Active
  • On Site: Days
  • Updated: 47 min ago
  • MLS #: 73470813
6
Beds
3
Baths
0
½ Baths
N/A
Acres
3,198
SQFT
$197
$/SQFT
1930
Built
County:
Providence
Property Description
Well-Maintained Three-Family Investment Property with Upside PotentialThis solidly performing multi-family property features 6 bedrooms and 3 full baths across three units, offering strong and stable income potential. Currently generating $4,500/month in rent, the units are priced below market, allowing immediate value-add opportunities through rent adjustments.Two units include in-unit washer and dryer, increasing tenant appeal and supporting strong retention. Tenancies are primarily month-to-month, with one lease in place through May 2026, providing both flexibility and stability for investors.Recent upgrades include: Roof and porch upgrades, new heating system for 3rd floorLocated within walking distance of the Providence VA Medical Center, and close to Aldi, local colleges and universities, major commuter routes, and TF Green Airport, this property is ideally situated in a high-demand rental area.Perfect for investors seeking stable cash flow.
Exterior Features

Covered Spaces 0 Fencing Fenced/Enclosed Garage YN No Levels Multi/Split Parking Features Off Street Parking Total 2 Property Attached YN Yes Road Frontage Type Public Roof Asphalt/Composition Shingles Spa YN No View City View(s)Scenic View(s) View YN Yes Waterfront YN No

Interior Features

Basement Unfinished Building Area Total 3198 Cooling None Cooling YN No Cooling Zones 0 Fireplace YN No Fireplaces Total 0 Foundation Details Concrete Perimeter Heat Zones 3 Heating Natural Gas Heating YN Yes Lead Paint Yes Rooms Total 18

Property Features

Association YN No Community Features Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityLaundromatBike PathHighway AccessHouse of WorshipMarinaPrivate SchoolPublic SchoolT-StationUniversity Disclosures Tenant occupied. Rent roll available upon request. Lead disclosure applies. Agent licensed MA & RI. Cross-posted. Electric 100 Amp Service Home Warranty YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Tax Annual Amount 7824.6 Tax Year 2025 Water Source Public Year Built Details Actual Zoning R3

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Aleece Silva of eXp Realty: 888-854-7493.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-02-15T18:03:20.26.
 
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80 Foster Street Unit 101
Peabody MA, 01960
Listing courtesy of Aleece Silva of eXp Realty.