Renovated Two-Family
1111 Charles Street North Providence, RI 02904
New
1111 Charles Street, North Providence, RI, 02904
$539,900
For Sale
$539,900
MULTI_FAMILY - North Providence, RI
Property Size3,340 SF
Lot Size0.16 Acres
Price / SF$161.65
Days on Market1
Property Features for 1111 Charles Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Basement, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 3
- Parking
- 4
- Parking features
- None
- Interior features
- Insulation (Unknown)
- Basement
- Full, Unfinished
- Appliances
- Electric Water Heater
- Standard status
- Active
- Size
- 3,340 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5334
Utilities
- Heating system
- Natural Gas, Baseboard
Building Details
- Year built
- 1947
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Laminate
- Building materials
- Brick, Vinyl Siding
Listing agency
Re/Max Properties
(401) 232-3900
Listed by
Kenneth Scotti · License #13099
(401) 232-3900
Added: Jul 22 Checked: Jul 22 at 7:06PM
MLS# 1418544
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.
This newly renovated two-family property features updated kitchens and bathrooms with granite countertops and stainless steel appliances. Both units include bright, functional living spaces with gleaming hardwood floors, and the interior of the first and second floors has been recently painted. The first-floor unit offers a spacious living room, two bedrooms, a kitchen, and additional storage space. The second-floor unit includes a kitchen, dining area, and three bedrooms.
The property provides ample off-street parking for added convenience. It also has easy access to major routes and highways, with nearby shopping, dining, and everyday amenities.
The home is listed as a two-family residence and is available for purchase in North Providence, Rhode Island.
The property provides ample off-street parking for added convenience. It also has easy access to major routes and highways, with nearby shopping, dining, and everyday amenities.
The home is listed as a two-family residence and is available for purchase in North Providence, Rhode Island.
Key Highlights
- Newly renovated two‑family property with updated kitchens and bathrooms
- Granite countertops and stainless steel appliances in the renovated kitchens
- First‑floor unit includes a living room, 2 bedrooms, kitchen, and additional storage
Local Financial Insights For Apartment 5plus
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 | $85.4k | $25.56 |
| − Vacancy | −$5.1k | −$1.53 |
| EGI | $80.2k | $24.03 |
| − OpEx | −$36.1k | −$10.81 |
| NOI | $44.1k | $13.21 |
3,340 SF · lease $25.56/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$794.5K
$695.2K – $926.9K
NOI $55,613 @ 7.0% cap · market cap 10.30%
Second Best
Apartment 5plus
$630.5K
$551.7K – $735.6K
NOI $44,136 @ 7.0% cap · market cap 8.17%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly renovated two-family home offers updated kitchens and bathrooms, off-street parking, and two spacious, hardwood-floored units.
Where is this duplex located?
The property is located at 1111 Charles Street North Providence, RI.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Newly renovated two‑family property with updated kitchens and bathrooms; Granite countertops and stainless steel appliances in the renovated kitchens; First‑floor unit includes a living room, 2 bedrooms, kitchen, and additional storage
