129 Briggs Street, Providence, RI 02905
Other - Providence, RI
- Added:
- Jun 12, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 13 at 12:06 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 12, 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 home built in 2026
- Each unit features 3 bedrooms and 2 full bathrooms
- Hardwood flooring and central air conditioning
- Designer kitchens include a center island and full appliance package (dishwasher, range, refrigerator, washer)
- Garage parking plus an unfinished basement with high ceilings and large windows
- Heating is natural gas
Overview
The property is located at 129 Briggs Street in Providence, Rhode Island, with convenient access to downtown Providence, major hospitals, and key commuting routes.
For an owner-occupant, this configuration supports living in one unit while renting the other for supplemental income. For investors, the asset combines a new-construction duplex layout with unit-ready interiors and basement expansion versatility, offering an straightforward way to add a high-quality two-family to a rental portfolio.
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
