$575,000
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58 Central AVE East Providence, RI 02914
3 Beds
3 Baths
2,274 SqFt
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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Bought with Broadway Real Estate Group






