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    593 Broad St Providence, RI 02907

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    For Sale
    $610,000

    Updated 2-family home in Elmwood neighborhood with income potential.

    Lot size:
    0.11 Acres

    Property Features for 593 Broad St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1900

    Source: Compass Agent Livingston Group

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Victorian 2-Family Home

    This renovated 2-family home, located in Providence's Elmwood neighborhood, features classic Victorian charm with modern updates. The property offers over 3,600 sq ft of living space, fully remodeled kitchens and bathrooms, and hardwood floors. Architectural details are present throughout the home. Major upgrades include a newer roof, updated plumbing and electrical systems, and separate utilities. The property generates rental income with positive monthly cash flow, presenting a turnkey investment opportunity. The zoning allows for flexibility, making it suitable for owner-occupants, investors, or a professional office unit. It is located close to downtown, transit, and local amenities.
    Location Intelligence

    Current Use by Public Records

    The Vintage Victorian by ... Hotel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4206723
    Latitude
    41.8080072

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    FAQs

    What type of property is this?
    Duplex - Updated 2-family home in Elmwood neighborhood with income potential.
    Where is this duplex located?
    The property is located at 593 Broad St Providence, RI.
    What is the asking price?
    The asking price for this property is $610,000.
    What are key features of this property?
    This property features: - Turnkey investment property generating positive monthly cash flow.; - Fully renovated 2-family home with over 3,600 sq ft of living space.; - Newer roof and updated plumbing/electrical systems.
    (781) 888-1006
    Request Owner's contact information
    593 Broad St Providence, RI 02907
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    Providence, RI 02907
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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
    593 Broad St Providence, RI 02907
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