129 Briggs Street, Providence, RI 02905
Other - Providence, RI
- Added:
- Jun 7, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 12 at 1:06 am
Property Features for 129 Briggs Street
General Information
- Property type
- Other
- Property subtype
- Multi Family
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 3
- Parking features
- Garage
- Appliances
- Dishwasher, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 129BRIGGSSTPROV
- Size
- 3,675 SF
- Lot size
- 0.08 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Flooring type
- Hardwood, Tile, Tile - Ceramic
- Architectural style
- Other
Listing agent The DiSpirito Team (401) 244-8355
Listing office Engel & Völkers East Greenwich 247 Main Street, East Greenwich, RI (401) 638-0010
Listing date Jun 7, 2026
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- New construction two‑family property built in 2026
- Each unit offers 3 bedrooms and 2 full bathrooms
- Hardwood and ceramic tile flooring throughout
- Central air cooling with natural gas heating
- Appliance package includes dishwasher, range, refrigerator, and washer
- Unfinished basement with high ceilings and large windows
Overview
Located at 129 Briggs Street in Providence, the property is described as having convenient access to downtown Providence, major hospitals, and key commuting routes.
With two complete residential units, this duplex is well suited for owner-occupants seeking an income-producing setup, as well as for investors looking to acquire a newly built multifamily asset with flexible interior space, including a basement that can be developed further depending on the buyer’s goals.
Local 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 | $94.8k | $25.80 |
| − Vacancy | −$6.2k | −$1.68 |
| EGI | $88.7k | $24.12 |
| − OpEx | −$26.6k | −$7.24 |
| NOI | $62.1k | $16.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.408147
- Latitude
- 41.801807
