107 Home Avenue, Providence, RI 02908
MULTI_FAMILY - Providence, RI
- Added:
- Jun 16, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 21 at 7:06 am
Property Features for 107 Home Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 7, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 8
- Parking
- 6
- Parking features
- Garage
- Patio and Porch features
- Porch
- Interior features
- Wall (Dry Wall), Wall (Plaster), Attic, Plumbing (Mixed), Insulation (Unknown)
- Exterior features
- Porch
- Basement
- Storage Space, Full, Partially Finished
- Appliances
- Gas Water Heater, Oven/Range, Refrigerator
- Standard status
- Active
- Size
- 2,496 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3835
Utilities
- Heating system
- Natural Gas, Steam
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Hardwood
- Building materials
- Dry Wall, Plaster, Vinyl Siding
Listing agent The Hiraldo Group (508) 810-0700
Listing office Bhhs Commonwealth Real Estate 39 Main Street, Hopkinton, RI (401) 886-6100
Listing date Jun 16, 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
- Two‑family home built in 1930 with nearly 1,250 sq. ft. of living space per unit
- Each unit features 3 bedrooms and 1 full bathroom plus a private porch
- Heating includes natural gas with steam heat
- Partially finished basement with additional living, recreational, or storage space
- Finished attic plus ample storage throughout
- Large driveway for off‑street parking, along with a garage; public water
Overview
The property sits on a lot of 0.1104 acres and includes a large driveway with ample off-street parking. It is located in Providence, RI 02908, with proximity to shopping, restaurants, schools, and public transportation.
For buyers, the layout supports an owner-occupant arrangement or a rental-focused strategy, with each unit functioning as a self-contained residence. The private porches, basement, and finished attic can help accommodate tenant needs and expand usable interior space without relying on shared common areas. The combination of off-street parking and additional storage and flex space makes this home practical for day-to-day living and longer-term occupancy.
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 | $64.4k | $25.80 |
| − Vacancy | −$4.2k | −$1.68 |
| EGI | $60.2k | $24.12 |
| − OpEx | −$18.1k | −$7.24 |
| NOI | $42.1k | $16.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.445184
- Latitude
- 41.83552
