11 Peck Street, Providence, RI 02903
MULTI_FAMILY - Providence, RI
- Added:
- May 13, 2026
- Days on Market:
- 58
- Last Refresh:
- Jul 9 at 12:06 am
Property Features for 11 Peck Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Bathroom 3, Basement, Bedroom 3, Bathroom 4, Bedroom 2, Bedroom 1
- Parking features
- Garage
- Basement
- Full, Unfinished
- Appliances
- Gas Water Heater
- Standard status
- Active
- Size
- 3,676 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 18766
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 3
- Building materials
- Brick
Listing agent Gabe Francis (401) 354-7092
Listing office Lenox Realty Group 380 Broadway, East Providence, RI (401) 572-3322
Listing date May 13, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
The property is located in the heart of Downtown Providence and sits within an Opportunity Zone. While the offering includes architectural drawings, the redevelopment path is not limited to residential concepts; the building can be retained for office use, reconfigured for another commercial use, or expanded with additional floors added to the structure, subject to applicable approvals.
For tenants, buyers, and operators, the most practical fit is a party seeking a small, conversion-ready building with multiple spaces already in place. The combination of storefront frontage and office-suite depth supports a range of reuse scenarios, including continued commercial operation or a change in use aligned with redevelopment goals in the Opportunity Zone.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.3k | $27.00 |
| − Vacancy | −$15.4k | −$4.19 |
| EGI | $83.9k | $22.81 |
| − OpEx | −$21.0k | −$5.70 |
| NOI | $62.9k | $17.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.40997
- Latitude
- 41.823267
