Triplex with Varied Bedroom
For Sale
$699,000
Pending
133 Ontario Street, Providence, RI 02907
Residential Income, Providence, RI
Property Size3,057 SF
Lot Size0.09 Acres
Days on Market93
Property Features for 133 Ontario Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Basement, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 5
Parking
6
Parking features
None
Interior features
Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown)
Basement
Full, Finished
Appliances
Oven, Range, Refrigerator, Gas Water Heater
Subdivision
Elmwood
Standard status
Pending
Size
3,057 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8382
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas
Building Details
Year built
1922
Floors in Building
3
Number of units
3
Flooring type
Tile - Ceramic, Hardwood
Building materials
Dry Wall, Shingles, Wood
Listing Agency:
Bhhs Commonwealth Real Estate · Berkshire Hathaway HomeServices
(401) 886-6100
Listed By:
Allen Gammons
(401) 742-6050
Added: Jul 27
Changed: Oct 20
Last Checked: Oct 27 at 12:06AM
MLS# 1419025
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.
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Investment Insights
Based on property information with market context.
Built in 1922, this 3,057-square-foot triplex has two two-bedroom residences and a third configured for two to three bedrooms. One residence is being kept vacant. The lower level includes an additional unit that is not recognized. Interior finishes include hardwood and ceramic tile flooring, with natural gas baseboard heat. The property occupies a 0.09-acre lot and connects to public sewer.
Interstate 95 is about four minutes away, with access north and south. Roger Williams Park is within walking distance; Rhode Island Hospital and dining and shopping in Edgewood are a short drive away.
Interstate 95 is about four minutes away, with access north and south. Roger Williams Park is within walking distance; Rhode Island Hospital and dining and shopping in Edgewood are a short drive away.
Key Highlights
- Two two‑bedroom residences and one configured for two to three bedrooms
- 3,057 square feet on a 0.09‑acre lot
- Built in 1922; public sewer service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,621
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,420
$1.0M
Cap Rate 7%
$737,443
$737.4K
Cap Rate 9%
$573,567
$573.6K
Market Conditions
NOI Build-Up for 3,057 SF
Gross rent
$78.9K $25.80/SF
− Vacancy
−$5.1K −$1.68/SF
EGI
$73.7K $24.12/SF
− OpEx
−$22.1K −$7.24/SF
NOI
$51.6K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,420
Cap Rate 7%
$737,443
Cap Rate 9%
$573,567
Alternative Uses
Best Use
Multifamily LT 5
$737.4K
$645.3K – $860.4K
NOI $51,621 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$662.4K
$579.6K – $772.8K
NOI $46,367 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$1.02M
$894.9K – $1.19M
NOI $71,591 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,228
Businesses Nearby
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Business Placement
Demographics for 02907, RI
29,827
Population
11,474
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
2.2 sq mi
ZIP Area
13,558
Density / Sq Mi
$49,564
Median Household Income
$32,619
Median Earnings
$1,136
Median Rent
$311,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - One of the residences is vacant, while the lower level contains an unrecognized unit.
Where is this triplex located?
The property is located at 133 Ontario Street Providence, RI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two two‑bedroom residences and one configured for two to three bedrooms; 3,057 square feet on a 0.09‑acre lot; Built in 1922; public sewer service
