355 Williams Street, Providence, RI 02906
MULTI_FAMILY - Providence, RI
- Added:
- Jun 27, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 27 at 7:06 pm
Property Features for 355 Williams Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 8, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 1, Bedroom 7, Bedroom 9
- Parking
- 8
- Interior features
- Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Insulation (Unknown)
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 3,259 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10416
Utilities
- Heating system
- Baseboard, Natural Gas
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1930
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood, Laminate
- Building materials
- Dry Wall, Paneled, Plaster, Brick, Wood
Listing agent Stephanie Ricardo (855) 450-0442
Listing office Real Broker, Llc 10 Dorrance Street, Providence, RI (855) 450-0442
Listing date Jun 27, 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
- Three‑family property with three 3‑bedroom units
- Located directly across from Fox Point Park in Providence’s East Side
- Built in 1930 with brick, wood, and plaster/dry wall construction materials
- Hardwood and laminate flooring throughout
- Natural gas baseboard heating with window unit cooling
- Sold as‑is with basement included
Overview
The property is located at 355 Williams Street in Providence, Rhode Island, and sits directly across from Fox Point Park. The surrounding area includes parks, shopping, restaurants, universities, and access to downtown Providence and major highways.
For investors and owner-occupants looking for multi-family space in an established East Side market, the unit mix offers consistent layout potential across three separate homes. With its as-is condition and generous residential configuration, the property can fit buyers who are prepared to evaluate current systems and finishes, then reposition the building to match their operating goals.
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 | $84.1k | $25.80 |
| − Vacancy | −$5.5k | −$1.68 |
| EGI | $78.6k | $24.12 |
| − OpEx | −$23.6k | −$7.24 |
| NOI | $55.0k | $16.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.39052
- Latitude
- 41.822935
