131 Roma Street, East Providence, RI 02914
- Added:
- Apr 30, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 15 at 8:06 pm
Property Features for 131 Roma Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Basement, Bedroom 2, Bedroom 6
- Parking
- 6
- Parking features
- Garage
- Interior features
- Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed)
- Basement
- Storage Space, Unfinished, Full
- Appliances
- Gas Water Heater, Oven/Range, Refrigerator
- Standard status
- Pending
- Size
- 1,976 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5475
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Steam, Natural Gas
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Laminate, Tile - Ceramic
- Building materials
- Dry Wall, Plaster, Vinyl Siding
Listing agent Alejandro Rodriguez (866) 828-3951
Listing office Exp Realty 10 Dorrance Street, Suite 700, West Hartford, RI (888) 315-3445
Listing date Apr 30, 2026
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.
HighLights
- Rare double‑wide lot on a double corner location offering space and potential.
- Two‑family home providing flexibility and investment opportunity.
- Driveway for each unit eliminates street parking.
- New roof (one year old).
- Three well‑proportioned bedrooms in each unit.
- Abundant natural light throughout the interior.
Overview
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 | $50.3k | $25.44 |
| − Vacancy | −$3.3k | −$1.65 |
| EGI | $47.0k | $23.79 |
| − OpEx | −$14.1k | −$7.14 |
| NOI | $32.9k | $16.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- East Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.361973
- Latitude
- 41.81376
