12 Quince Street, Providence, RI 02905
MULTI_FAMILY - Providence, RI
- Added:
- Jun 8, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 12 at 6:06 am
Property Features for 12 Quince Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 2, Basement, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
- Parking
- 4
- Parking features
- Garage
- Basement
- Unfinished, Full
- Appliances
- Gas Water Heater
- Standard status
- Active
- Size
- 2,100 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3352
Utilities
- Heating system
- Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Laminate
- Building materials
- Vinyl Siding
Listing agent Jean Feliciano (508) 726-3492
Listing office Century 21 Visionary Group 969 Waterman Avenue, Suite 3, East Providence, RI (401) 380-6020
Listing date Jun 8, 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.
HighLights
- 2‑family home with a spacious townhouse‑style second unit spanning the 2nd and 3rd floors
- Updated kitchen in the first‑floor unit
- Navien heating system (newer) plus natural gas baseboard heat
- Off‑street parking for up to four vehicles and a garage
- Public water supply; gas water heater
- Vinyl siding with hardwood and laminate flooring
Overview
The property is located in Providence, Rhode Island, with convenient access to markets, local shops, restaurants, and major highways. The setting supports everyday errands and commuting routes.
For owner-occupants, the configuration can support living in one unit while renting the other. For investors, the two-unit setup provides multiple income-producing options, with the first-floor unit offering an updated kitchen for tenant readiness. Practical features like dedicated off-street parking and the newer heating system help reduce immediate operational concerns and support straightforward leasing or occupancy.
Local Financial Insights For Multifamily LT 5
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 | $54.2k | $25.80 |
| − Vacancy | −$3.5k | −$1.68 |
| EGI | $50.7k | $24.12 |
| − OpEx | −$15.2k | −$7.24 |
| NOI | $35.5k | $16.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.416012
- Latitude
- 41.80023
