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    78 Cypress St Providence, RI 02906

    Pending
    For Sale
    $899,000

    Apartment,Multi Family - Providence, RI

    Property size:
    3,897 SF
    Lot size:
    0.10 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 78 Cypress St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    Parking
    5
    Interior features
    Stairs, Plumbing (mixed), Insulation (unknown)
    Exterior features
    Corner Lot, Paved Driveway
    Appliances
    Dryer, Range, Refrigerator
    Size
    3,897 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Oil

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Hardwood, Tile, Tile - Ceramic
    Building materials
    Vinyl Siding
    Architectural style
    Other

    William Raveis (401) 751-8100 [email protected]

    Listing agent Mariana Freitas Novo (401) 751-8100

    Listing date Nov 14, 2025

    MLS# 1393397 Listing URL

    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 Side Providence Triplex

    This well-maintained triplex presents an exceptional investment opportunity on the East Side of Providence. Each of the three spacious units features two bedrooms. The first and second floor units include living rooms and dining rooms separated by French pocket doors. The kitchens have been updated with quartz and granite countertops, and the bathrooms have also been updated. Some original hardwood floors have been refinished. Each unit is equipped with in-unit laundry. The property features separate heat and hot water for each unit. The property is fully fire-coded and deleaded; the seller has lead compliance certificates for all 3 units. The first floor unit has central air. Situated on a partially fenced corner lot, the property includes a paved driveway with ample off-street parking. The property is suitable for owner-occupancy or for investors seeking rental income. The first floor is rented until 2/28/2026, and the third floor is rented until 7/31/2026. The lot size is 0.0963 acres. The property size is 3897 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.404623
    Latitude
    41.842409

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    FAQs

    What type of property is this?
    Triplex - Well-maintained East Side triplex with updated units and strong rental income.
    Where is this triplex located?
    The property is located at 78 Cypress St Providence, RI.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Excellent rental income potential with long-term tenants already in place (1st floor until 2/28/2026, 3rd floor until 7/31/2026).; - Spacious 2-bedroom units with UPDATED KITCHENS (quartz and granite countertops) and BATHROOMS.; - Fully fire-coded and deleaded with lead compliance certificates for all 3 units.
    (401) 751-8100
    Request Owner's contact information
    78 Cypress St Providence, RI 02906
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    Providence, RI 02906
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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
    78 Cypress St Providence, RI 02906
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