129 Briggs Street, Providence, RI 02905
Other - Providence, RI
- Added:
- Jun 12, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 15 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 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 built in 2026 with each unit offering 3 bedrooms and 2 full bathrooms
- Hardwood flooring throughout each unit, plus tile and ceramic tile floors
- Designer kitchen with center island and included appliance package (dishwasher, range, refrigerator, washer)
- Heating and cooling include natural gas heat and central air
- Garage parking available
- Unfinished basement with high ceilings and large windows for future expansion or additional space
Overview
The property is located at 129 Briggs Street in Providence, RI, with convenient access to downtown Providence, major hospitals, and key commuting routes.
With two separate residential units, this home can fit an owner-occupant plan where one unit can be lived in while the second unit provides supplemental income, or it can serve as a straightforward acquisition for buyers seeking a newly built income-producing property. The presence of an unfinished, well-lit basement also adds flexibility for future personalization or added storage needs.
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
