Victorian Two-Family
114 Camp Street Providence, RI 02906
For Sale
$1,100,000
MULTI_FAMILY - Providence, RI
Property Size3,768 SF
Lot Size0.07 Acres
Price / SF$291.93
Days on Market47
Property Features for 114 Camp Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 4, Basement, Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 7
- Parking
- 8
- Parking features
- None
- Interior features
- Attic, Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
- Basement
- Full, Unfinished, Storage Space
- Appliances
- Gas Water Heater, Dishwasher, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 3,768 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9521
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Natural Gas
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1890
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Marble, Pine
- Building materials
- Vinyl Siding
Listing Agency:
Www.Homezu.Com
(877) 249-5478
Listed By:
Jason Saphire · License #9086666
(877) 249-5478
Added: Jun 11
Changed: Jul 23
Last Checked: Jul 27 at 7:06AM
MLS# 1415203
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 restored Victorian 2-family property provides a solid foundation for either continued rental use or a condo conversion project. The building is offered as a multifamily/residential income asset with a total size of 3,768 square feet on a 0.0658-acre lot. Zoning is listed as R-3.
The property is located at 114 Camp Street in Providence, Rhode Island 02906, described as being on the east side of the city. The listing presents it as a well-maintained, historically styled structure suitable for buyers seeking redevelopment or reconfiguration within a residential zoning framework.
For tenants and owner-occupants, this setup supports a straightforward path to a rental-focused hold or a conversion to individual condo ownership, depending on how the new plan is executed. For developers and investors, the restored condition noted in the listing can help reduce uncertainty when planning a conversion, while the R-3 zoning offers a residential context for the intended end use. Buyers should review the property details and conversion requirements as part of their due diligence.
The property is located at 114 Camp Street in Providence, Rhode Island 02906, described as being on the east side of the city. The listing presents it as a well-maintained, historically styled structure suitable for buyers seeking redevelopment or reconfiguration within a residential zoning framework.
For tenants and owner-occupants, this setup supports a straightforward path to a rental-focused hold or a conversion to individual condo ownership, depending on how the new plan is executed. For developers and investors, the restored condition noted in the listing can help reduce uncertainty when planning a conversion, while the R-3 zoning offers a residential context for the intended end use. Buyers should review the property details and conversion requirements as part of their due diligence.
Key Highlights
- Restored Victorian 2‑family property built in 1890
- 2‑family layout with multiple bedrooms and 3 bathrooms (Bedroom 1‑8, Bathroom 1‑3)
- Natural gas baseboard heating plus window unit air conditioning
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 | $97.2k | $25.80 |
| − Vacancy | −$6.3k | −$1.68 |
| EGI | $90.9k | $24.12 |
| − OpEx | −$27.3k | −$7.24 |
| NOI | $63.6k | $16.89 |
3,768 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$909.0K
$795.3K – $1.06M
NOI $63,627 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$816.4K
$714.4K – $952.5K
NOI $57,151 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,242 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Restored Victorian two-family offers flexibility as a rental property or for condo conversion under R-3 zoning.
Where is this duplex located?
The property is located at 114 Camp Street Providence, RI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Restored Victorian 2‑family property built in 1890; 2‑family layout with multiple bedrooms and 3 bathrooms (Bedroom 1‑8, Bathroom 1‑3); Natural gas baseboard heating plus window unit air conditioning
