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    Providence Multifamily Investment Opportunity Title is generated by Realmo AI

    52 Harold Street, Providence, RI 02908

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    Claim this Listing
    For Sale
    Under Contract
    $629,000

    MULTI_FAMILY - Providence, RI

    Type:Apartment
    Property size:
    3,234 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $194/SF
    Added:
    Apr 29, 2026
    Days on Market:
    59
    Last Refresh:
    Jun 26 at 7:06 am

    Property Features for 52 Harold Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Zoning
    R-3
    Bedrooms
    7
    Bathrooms
    4
    Rooms
    Bathroom 4, Bedroom 6, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 5, Basement, Bedroom 3, Bathroom 3
    Parking
    7
    Parking features
    Garage
    Patio and Porch features
    Porch
    Interior features
    Wall (Dry Wall), Plumbing (Mixed), Insulation (Walls)
    Exterior features
    Porch
    Basement
    Full, Partially Finished
    Appliances
    Gas Water Heater, Oven/Range, Refrigerator
    Standard status
    Active Under Contract
    Size
    3,234 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3390

    Utilities

    Heating system
    Electric (Heating), Baseboard, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Hardwood, Laminate, Tile - Ceramic
    Building materials
    Dry Wall, Vinyl Siding

    We can help!

    Contact an agent
    Isabel Garcia

    Listing agent Isabel Garcia License #134989

    Listing office Keller Williams Coastal 501 Centerville Rd- Suite 201, Middletown, RI

    Listing date Apr 29, 2026

    MLS# 1411341 Listing URL

    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

    • Strong income potential from 3 units.
    • First‑floor unit boasts 2 bedrooms, 2 full bathrooms, and an extra room with a bathroom.
    • Convenient location near shopping, restaurants, schools, public transportation, hospital, and major highways.
    • Flexible living options for owner‑occupants or investors.
    • Second and third floors each offer 2 bedrooms and 1 full bathroom.
    • Basement provides extra space.

    Overview

    This three-unit multifamily property presents an opportunity for investors or owner-occupants seeking rental income. The first-floor unit includes 2 bedrooms and 2 full bathrooms, along with an additional room and bathroom. The second and third floors each feature 2 bedrooms and 1 full bathroom. The property provides extra space in the basement. Situated in Providence, Rhode Island, the property is conveniently located near shopping, restaurants, schools, public transportation, a hospital, and major highways. The lot size is 0.0831 acres. The property size is 3234 square feet. The zoning is R-3.

    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 $83.4k $25.80
    − Vacancy −$5.4k −$1.68
    EGI $78.0k $24.12
    − OpEx −$23.4k −$7.24
    NOI $54.6k $16.89
    3,234 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $780.1K
    $682.6K – $910.2K (±1% cap)
    NOI $54,610 @ 7.0% cap · market cap 8.68%
    Second Best
    Apartment 5plus
    $700.7K
    $613.2K – $817.5K (±1% cap)
    NOI $49,052 @ 7.0% cap · market cap 7.80%
    Theoretical Best
    Office A
    $1.08M
    $946.7K – $1.26M (±1% cap)
    NOI $75,736 @ 7.0% cap · market cap 12.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.438579
    Latitude
    41.828353

    FAQs

    What type of property is this?
    Triplex - Three-unit property with income potential near amenities and transportation.
    Where is this triplex located?
    The property is located at 52 Harold Street Providence, RI.
    What is the asking price?
    The asking price for this property is $629,000.
    What are key features of this property?
    This property features: Strong income potential from 3 units.; First‑floor unit boasts 2 bedrooms, 2 full bathrooms, and an extra room with a bathroom.; Convenient location near shopping, restaurants, schools, public transportation, hospital, and major highways.
    More about this property
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