East Providence, RI 02914,58 Central AVE
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East Providence, RI 02914,58 Central AVE
East Providence, RI 02914,58 Central AVE
East Providence, RI 02914,58 Central AVE
East Providence, RI 02914,58 Central AVE

$575,000

Est. payment /mo
Est.Price: ?

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58 Central AVE East Providence, RI 02914

3 Beds

3 Baths

2,274 SqFt

SOLD DATE : 11/17/2025

Key Details

Sold Price $575,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,274 sqft

Price per Sqft $252

Subdivision Central

MLS Listing ID 1395819

Sold Date 11/17/25

Bedrooms 3

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,274

Year Built 1920

Annual Tax Amount $5,830

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Multi Family

Property Description

Beautifully updated and remodeled, this income-producing 3-unit building offers a rare opportunity for investors or owner-occupants. Currently generating over $50,000 in annual income, this property is a turn-key investment with the added bonus of a possible buildable lot ideal for future expansion or potential subdivision. Each unit features one bedroom, attracting long-term tenants and ensuring low-maintenance management. Over the past 10 20 years, the property has undergone comprehensive renovations, including updates to the roof, siding, windows, and heating systems, providing peace of mind for years to come. The property also boasts ample parking and a spacious yard for tenant enjoyment. Conveniently located near the East Side of Providence and major highways (Routes 95, 195, and 6), this is a rare find with strong cash flow and tremendous upside potential for a savvy buyer.

Location

State RI

County Providence

Community Central

Zoning M3

Rooms

Basement Exterior Entry, Full, Interior Entry, Unfinished

Interior

Interior Features Tub Shower

Heating Baseboard, Gas

Cooling Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Fireplaces Type None

Fireplace No

Appliance Oven, Range, Refrigerator, Water Heater

Laundry Common Area

Exterior

Exterior Feature Paved Driveway

Fence Fenced

Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks

Utilities Available Sewer Connected

Total Parking Spaces 4

Garage No

Building

Lot Description Multiple lots, Paved

Story One

Foundation Combination, Concrete Perimeter

Sewer Connected

Water Connected

Level or Stories One

Structure Type Drywall,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 58CENTRALAVEPRO

Financing Conventional

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Spectrum Real Estate Consultants

Spectrum Real Estate Consultants

+1(401) 334-3334

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Listed by REALTY NEW ENGLAND
Bought with Broadway Real Estate Group
Spectrum Real Estate Consultants

Spectrum Real Estate Consultants

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+1(401) 334-3334

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