Off Market

23 Richter St, Providence, MA

Providence · MA 02908

$629,900
Price
6
Beds
3
Baths
3198
Sq. ft.

Overview

Property type: Single Family
Year built: Built in 1930
Lot size: 0 Sq.Ft Lot
Price per square foot: $197 / Sq.Ft
Parking: 2 Off Street Spaces
Heating & cooling: Heat, AC

About this home

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.

Neighborhood & Transit

23 Richter St, Providence · MA 02908

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
268 days
Listing Price:
$629,900
Price per Sq.Ft:
$197
Tax Assessment:
$560,400 in 2025
Taxes:
$652 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,198 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
18
Above grade area
3198
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unit Control
Heating Zone
3
Cooling
Individual
Cooling Zones
0
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
100 Amps

Exterior Features

Lot Size
0 Sq.Ft
Lot Description
City View(s), Fenced/Enclosed, Scenic View(s)
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces, Off-Street

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Asphalt/Composition Shingles

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Aleece Silva
Listing office
eXp Realty LLC
MLS PIN #
73470813