461 - 465 Elmwood AV, Providence, RI  |  Multi Family:$2,599,999
31   16
MLS Number: 1427053 - ACTIVE
Lot Size:0.13 Acres
Year Built:1930
Rooms:60
Listed By: The Greene Realty Group
RARE FIND! Cash Flow Positive with 9% Cap Rate 16 Residential Units Fully registered with Lead Certificates in place. Gross annual rent of $329,000 with NOI of $235,000. Renovated inside and out in 2024. New gas lines, electric upgrades, new hot water heaters and many cosmetic updates. Unit Mix - Five 3 bed / 1 bath. Three 2 bed / 1 bath. Five 1 bed / 1 bath. Three Studio / 1 bath. Seller is licensed RE agent.
Appliances:
Refrigerator, Gas Water Heater
Appliances:
Refrigerator, Gas Water Heater
Architectural Style:
--
Buildings:
1
Business Type:
--
Community Features:
Bus, Highway Access, Public School, Recreational Facilities, Schools, Shopping
Construction Materials:
Dry Wall, Paneled, Plaster, Brick, Masonry
Cooling:
Window Unit(s)
Door Features:
--
Electric:
Common Meter, Individual Meter
Existing Lease Type:
--
Finished Floor:
Ceramic Tile, Hardwood, Vinyl
Garage Spaces:
0
Gross Bldg. Area:
13,216 sq. ft.
Handicap Accessible:
--
Has View:
--
Has Waterfront:
--
Heating:
Natural Gas, Baseboard, Steam
Heating Systems:
2
Laundry:
In Building
Levels:
--
Lot:
--
Lot Frontage:
Neighborhood:
--
Number Of Units Total:
4
Other Monthly Rent:
$2,700
Other Structures:
--
Owner Pays:
Heat
Owner Pays:
Heat
Parking Features:
No Garage
Pool:
--
Property Sub Type:
Multi Family
PropertySubType:
Multi Family
PropertyType:
Residential Income
Sewer:
Public Connected
Structure Type:
Up/Down
Tenant Pays:
--
Tenant Pays:
--
Total Fireplaces:
None
Total Parking:
None
Under Construction:
No
View:
--
Waterfront Features:
--
Zip Code:
02907
Unit Details
 
Total Rooms
Bedrooms
Full Baths
Monthly Rent
Unit #1
5
3
1
$2,160
Unit #2
5
3
1
$2,100
Unit #3
5
3
1
$2,149
Unit #4
45
22
13
$20,721
57 Narragansett Avenue, Jamestown, RI 02835
401-423-2329  |  deb.foppert@gmail.com
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Listing information last updated on Wednesday, October 28, 2026 at 9:57 AM.

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