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2-Unit Duplex with Full Basement
For Sale
$549,999

94 Clym Street, Providence, RI 02908

Residential Income, Providence, RI

Property Size2,513 SF
Lot Size0.09 Acres
Price / SF$218.86
Days on Market71

Property Features for 94 Clym Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Basement, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 5
Parking 3
Parking features None
Interior features Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
Basement Unfinished, Full
Appliances Gas Water Heater
Standard status Active
Size 2,513 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2751

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Building materials Dry Wall, Plaster, Vinyl Siding
Listing Agency: Here Realty
Listed By: Oteeven Diggs · License #RES.0042696
Added: Jul 28 Changed: Sep 30 Last Checked: Oct 6 at 11:06AM
MLS# 1419086

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.

Investment Insights

Based on property information with market context.

Built in 1930, this Providence duplex contains two three-bedroom residences within 2,513 square feet. The property sits on a 0.0918-acre lot and includes a full basement and a newer roof. The basement may offer potential for a future ADU, subject to approvals.

The property is minutes from I-95 North and South and Route 146, providing access to regional commuting routes.

Key Highlights

  • Two three‑bedroom units
  • 2,513 square feet of building area
  • 0.0918‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,435
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,700 $848.7K
Cap Rate 7%
$606,214 $606.2K
Cap Rate 9%
$471,500 $471.5K
Market Conditions
NOI Build-Up for 2,513 SF
Gross rent
$64.8K $25.80/SF
− Vacancy
−$4.2K −$1.68/SF
EGI
$60.6K $24.12/SF
− OpEx
−$18.2K −$7.24/SF
NOI
$42.4K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,700
Cap Rate 7%
$606,214
Cap Rate 9%
$471,500

Alternative Uses

Best Use
Multifamily LT 5
$606.2K
$530.4K – $707.3K (±1% cap)
NOI $42,435 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$544.5K
$476.5K – $635.3K (±1% cap)
NOI $38,116 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$840.7K
$735.6K – $980.9K (±1% cap)
NOI $58,851 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Acupuncture Carpet & Flooring Store Real Estate Agency Pet Grooming Service Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,129
Businesses Nearby

Demographics for 02908, RI

38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has three bedrooms, with a full basement and a newer roof serving the property.
Where is this duplex located?
The property is located at 94 Clym Street Providence, RI.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Two three‑bedroom units; 2,513 square feet of building area; 0.0918‑acre lot
More about this property
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