Renovated 3-Unit Victorian
122 Camp Street Providence, RI 02906
For Sale
$1,100,000
MULTI_FAMILY - Providence, RI
Property Size3,119 SF
Lot Size0.13 Acres
Price / SF$352.68
Days on Market49
Property Features for 122 Camp Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Basement, Bedroom 1, Bathroom 1
- Parking
- 6
- Parking features
- None
- Window features
- Insulated Windows
- Patio and Porch features
- Porch
- Interior features
- Attic, Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
- Exterior features
- Porch
- Basement
- Full, Partially Finished, Storage Space
- Appliances
- Gas Water Heater, Dishwasher, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 3,119 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9375
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1880
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Pine, Marble
- Building materials
- Masonry, Vinyl Siding
Listing Agency:
Www.Homezu.Com
(877) 249-5478
Listed By:
Jason Saphire · License #9086666
(877) 249-5478
Added: Jun 9
Changed: Jul 23
Last Checked: Jul 27 at 7:06AM
MLS# 1414953
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 renovated 3-family Victorian features three separate apartments, each with design details that carry through the home. The 1st and 2nd floor units are two-bedroom layouts currently used as short-term rentals. Both include charming bay windows, original pine floors, oversized eat-in kitchens with granite and butcher block countertops, ceiling fans in the kitchen, and dimmable lighting. The 3rd-floor unit is a one-bedroom penthouse with an open floor plan, an oversized kitchen, and a breakfast nook by a window, along with a large full bathroom with two windows.
The property is described as condo-ready, with 90-minute fireproof doors, hard-wired smoke detectors, and metal fire doors, plus an electric panel in each unit and electric boxes to support separate metering. Improvements noted include a new roof, three new or newer gas boilers and hot water heaters, replacement windows, and a full walk-out basement. The home sits on a large corner lot with plenty of parking and a secluded picnic area under an old tree.
For buyers and operators, the condo-ready setup and existing multi-unit configuration can support an organized ownership or operations plan across the three apartments, while the current short-term rental use reflects turn-key furnished functionality in two of the units. The combination of recent mechanical work and updated building components may help reduce near-term replacement concerns for an owner assuming ongoing multi-family use.
The property is described as condo-ready, with 90-minute fireproof doors, hard-wired smoke detectors, and metal fire doors, plus an electric panel in each unit and electric boxes to support separate metering. Improvements noted include a new roof, three new or newer gas boilers and hot water heaters, replacement windows, and a full walk-out basement. The home sits on a large corner lot with plenty of parking and a secluded picnic area under an old tree.
For buyers and operators, the condo-ready setup and existing multi-unit configuration can support an organized ownership or operations plan across the three apartments, while the current short-term rental use reflects turn-key furnished functionality in two of the units. The combination of recent mechanical work and updated building components may help reduce near-term replacement concerns for an owner assuming ongoing multi-family use.
Key Highlights
- Victorian 3‑family home built in 1880 with a walk‑out basement and corner‑lot setting
- Condo‑ready setup with fire‑ready features including 90‑minute fireproof doors and hard‑wired smoke detectors
- Separate electric panel/electric boxes in each unit, plus metal fire doors for unit‑by‑unit safety readiness
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 | $80.5k | $25.80 |
| − Vacancy | −$5.2k | −$1.68 |
| EGI | $75.2k | $24.12 |
| − OpEx | −$22.6k | −$7.24 |
| NOI | $52.7k | $16.89 |
3,119 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$752.4K
$658.4K – $877.8K
NOI $52,668 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$675.8K
$591.3K – $788.5K
NOI $47,307 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.04M
$913.0K – $1.22M
NOI $73,043 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Stephen Brawner
Consultant
FAQs
What type of property is this?
Triplex - Renovated 3-family Victorian with condo-ready fire protection systems, furnished interiors, and multiple unit configurations on a corner lot.
Where is this triplex located?
The property is located at 122 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: Victorian 3‑family home built in 1880 with a walk‑out basement and corner‑lot setting; Condo‑ready setup with fire‑ready features including 90‑minute fireproof doors and hard‑wired smoke detectors; Separate electric panel/electric boxes in each unit, plus metal fire doors for unit‑by‑unit safety readiness
