Multi-Family Home with
16 Brown St North Providence, RI 02904
16 Brown St, North Providence, RI, 02904
$575,000
For Sale
$575,000
MULTI_FAMILY - North Providence, RI
Property Size3,824 SF
Lot Size0.15 Acres
Price / SF$150.37
Days on Market86
Property Features for 16 Brown St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Laundry Room, Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4
- Patio and Porch features
- Deck
- Pool private
- 1
- Interior features
- Entrance Foyer, Master Downstairs
- Standard status
- Active
- Size
- 3,824 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6903
Utilities
- Heating system
- Natural Gas, Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1953
- Floors in Building
- 2
- Flooring type
- Hardwood, Tile, Laminate
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing Agency
REMAX Preferred
(401) 353-2200
1417 Douglas Ave, North Providence, RI
Listed by
Tony Lanni · License #REB.0018844
(401) 353-2200
Added: Apr 23 Checked: Jul 17 at 1:06 am
MLS# 11728944
Listing URL
Copyright © 2026 My State MLS. 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 for-sale multi-family residence offers approximately 3,824 square feet of smart, flexible living space arranged for distinct living zones. The home includes five or six bedrooms, three full bathrooms, and a fully finished basement that provides an additional level for everyday use or overflow space. A bonus sunroom adds extra room for light-filled, year-round enjoyment, while the outdoor setup includes a patio with decking, a fully fenced yard, and an above-ground pool.
Located in North Providence, RI, the address is 16 Brown St (02904). The property is described as minutes from major routes including Rt. 95, 146, and I-295, along with nearby shopping, dining, and schools, offering straightforward regional connectivity.
The layout is well-suited for buyers seeking a home that can accommodate multi-generational living, in-law arrangements, or multiple households under one roof. With multiple bedrooms and full baths plus a finished basement, the property supports practical separation of living areas while keeping everything under one ownership. The listing also notes updates throughout and 200 AMP service.
Located in North Providence, RI, the address is 16 Brown St (02904). The property is described as minutes from major routes including Rt. 95, 146, and I-295, along with nearby shopping, dining, and schools, offering straightforward regional connectivity.
The layout is well-suited for buyers seeking a home that can accommodate multi-generational living, in-law arrangements, or multiple households under one roof. With multiple bedrooms and full baths plus a finished basement, the property supports practical separation of living areas while keeping everything under one ownership. The listing also notes updates throughout and 200 AMP service.
Key Highlights
- Nearly 4,000 sq ft home with 5/6 bedrooms and 3 full bathrooms
- Master downstairs and entrance foyer
- Fully finished basement plus bonus sunroom
Local Financial Insights For Apartment 5plus
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 | $97.7k | $25.56 |
| − Vacancy | −$5.9k | −$1.53 |
| EGI | $91.9k | $24.03 |
| − OpEx | −$41.3k | −$10.81 |
| NOI | $50.5k | $13.21 |
3,824 SF · lease $25.56/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$721.9K
$631.7K – $842.2K
NOI $50,532 @ 7.0% cap · market cap 8.79%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$909.6K
$795.9K – $1.06M
NOI $63,671 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Versatile single structure with multiple bedrooms, three full baths, and finished basement for flexible household arrangements.
Where is this single family property located?
The property is located at 16 Brown St North Providence, RI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Nearly 4,000 sq ft home with 5/6 bedrooms and 3 full bathrooms; Master downstairs and entrance foyer; Fully finished basement plus bonus sunroom
