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    53 School St East Providence, RI 02914

    New
    For Sale
    $1,050,000

    COMMERCIAL - East Providence, RI

    Lot size:
    0.13 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 14 at 7:06 pm

    Property Features for 53 School St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    5
    Lot size
    0.13 Acres

    Building Details

    Year built
    1920
    Building materials
    Frame

    Century 21 Limitless (508) 726-3492 [email protected]

    Listing agent Kyle Seyboth (508) 726-3492

    Listing date Dec 10, 2025

    Copyright © 2025 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.

    Overview

    East Providence Investment Opportunity

    This well-maintained 6-unit property in East Providence presents a fantastic investment opportunity. Each of the six units features two bedrooms and one bathroom, offering a modern design and functional layout. The interiors are bright and well-kept, providing comfortable living spaces with an updated feel. Residents benefit from the convenience of off-street parking. The property's location is advantageous, with proximity to major highways, shopping, dining, and everyday amenities, making it desirable for renters. The property is situated on a lot of 0.13 acres. With strong rental demand in the area and thoughtful maintenance, this 6-unit property offers steady income potential and a prime location for investors looking to expand their holdings or start in multi-family investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    East Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.380254
    Latitude
    41.817571

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 6-unit property in a prime East Providence location.
    Where is this apartment building located?
    The property is located at 53 School St East Providence, RI.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Well-maintained 6-unit property offering steady income potential.; - All units are 2-bedroom, 1-bathroom with modern design and functional layout.; - Prime location near major highways, shopping, and dining.
    (508) 726-3492
    Request Owner's contact information
    53 School St East Providence, RI 02914
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    East Providence, RI 02914
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    53 School St East Providence, RI 02914
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