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Providence Multifamily Investment Opportunity

122 Lowell Avenue Providence, RI 02909

Claim this Listing
For Sale
$1,330,000

COMMERCIAL - Providence, RI

Lot size:
0.44 Acres
Added:
Apr 7, 2026
Days on Market:
96
Last Refresh:
Jul 11 at 4:06 pm

Property Features for 122 Lowell Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
28
Standard status
Active
Lot size
0.44 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
22472

Building Details

Year built
1910
Building materials
Frame

Listing agent Kyle Seyboth License #REC.0005226

Listing office Century 21 Limitless 969 Waterman Avenue, Suite 1, East Providence, RI

Listing date Apr 7, 2026

MLS# 1409289

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.


Investment Insights

Based on property information with market context.

This well-maintained 8-unit multifamily property presents a strong investment opportunity in a prime Providence location. The building features a desirable unit mix of four 1-bedroom and four 2-bedroom apartments, appealing to a wide range of tenants. A large parking lot accommodates approximately 28 cars. The property is ideally situated with convenient access to shopping, dining, and everyday essentials, and is just minutes from the vibrant neighborhoods of Federal Hill and Olneyville, known for their diverse restaurants, cafes, and local businesses. Downtown Providence, with its entertainment, nightlife, and cultural attractions, is a short drive away. Commuters will appreciate easy access to Route 6 and Interstate 95. The property is also close to Rhode Island Hospital and Hasbro Children's Hospital, as well as major educational institutions including Providence College, Rhode Island College, and Johnson & Wales University. Nearby parks such as Donigian and Merino Park offer outdoor recreation. Easy access to public transportation and T.F. Green Airport adds to the property's appeal. The lot size is 0.44 acres.

Key Highlights

  • Strong investment opportunity in a prime Providence location
  • Desirable unit mix: four 1‑bedroom and four 2‑bedroom apartments
  • Huge parking lot for approximately 28 cars

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Real Estate Agency Law Firm HVAC Service Kitchen & Bath Showroom Skin Care Clinic Electrical Service Acupuncture (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained 8-unit property in prime location with parking.
Where is this apartment building located?
The property is located at 122 Lowell Avenue Providence, RI.
What is the asking price?
The asking price for this property is $1,330,000.
What are key features of this property?
This property features: Strong investment opportunity in a prime Providence location; Desirable unit mix: four 1‑bedroom and four 2‑bedroom apartments; Huge parking lot for approximately 28 cars
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More about this property
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