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Providence Multifamily Investment Opportunity

122 Lowell Avenue Providence Providence, RI 02909

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For Sale
$1,330,000

Well-maintained 8-unit property near Federal Hill and Olneyville.

Added:
May 15, 2026
Days on Market:
61
Last Refresh:
Jun 28 at 10:36 pm

Property Features for 122 Lowell Avenue Providence

General Information

Standard status
Active

Building Details

Year Built
1910

Listing office

Listing date May 15, 2026

Source Milestonerealtyinc

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

All listing content including descriptions, pricing, images are the copyrighted material of Crystal Silva


Investment Insights

Based on property information with market context.

This well-maintained 8-unit multifamily property is located in Providence, offering a potential investment opportunity. The building includes four 1-bedroom and four 2-bedroom apartments. A large parking lot accommodates approximately 28 cars. The property is situated with access to shopping, dining, and everyday essentials, and is near the Federal Hill and Olneyville neighborhoods, known for restaurants, cafes, and local businesses. Downtown Providence is a short drive away, offering entertainment, nightlife, and cultural attractions. Commuters have access to Route 6 and Interstate 95. The property is also located near Rhode Island Hospital and Hasbro Children's Hospital, as well as Providence College, Rhode Island College, and Johnson & Wales University. Donigian and Merino Park are nearby. Public transportation and T.F. Green Airport are also easily accessible.

Key Highlights

  • Prime Providence location offering a strong investment opportunity.
  • Desirable unit mix of four 1‑bedroom and four 2‑bedroom apartments.
  • Huge parking lot for about 28 cars.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Real Estate Agency Law Firm HVAC Service Kitchen & Bath Showroom Skin Care Clinic Electrical Service Acupuncture (Bike/Boat/Book/etc) Store Plumbing Service

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

FAQs

What type of property is this?
Apartment building - Well-maintained 8-unit property near Federal Hill and Olneyville.
Where is this apartment building located?
The property is located at 122 Lowell Avenue Providence Providence, RI.
What is the asking price?
The asking price for this property is $1,330,000.
What are key features of this property?
This property features: Prime Providence location offering a strong investment opportunity.; Desirable unit mix of four 1‑bedroom and four 2‑bedroom apartments.; Huge parking lot for about 28 cars.
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