156 Bridgham Street Providence, RI 02909
MULTI_FAMILY - Providence, RI
- Added:
- Jun 29, 2026
- Days on Market:
- 13
- Last Refresh:
- Jul 11 at 6:06 pm
Property Features for 156 Bridgham Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 13
- Bathrooms
- 7
- Rooms
- Bedroom 5, Bedroom 13, Bathroom 5, Bedroom 10, Bedroom 7, Bathroom 1, Bedroom 9, Bathroom 3, Bathroom 7, Bedroom 8, Bedroom 4, Bathroom 2, Bathroom 6, Bedroom 3, Bedroom 11, Bedroom 6, Basement, Bathroom 4, Bedroom 2, Bedroom 12, Bedroom 1
- Parking
- 5
- Parking features
- None
- Basement
- Full, Partially Finished
- Appliances
- Gas Water Heater
- Standard status
- Active
- Size
- 6,457 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11630
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1925
- Number of units
- 4
- Flooring type
- Laminate
- Building materials
- Vinyl Siding
Listing agent Kyle Seyboth License #REC.0005226 (508) 726-3492
Listing office Century 21 Limitless 969 Waterman Avenue, Suite 1, East Providence, RI (508) 567-3468
Listing date Jun 29, 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.
Investment Insights
Based on property information with market context.
The property is located in the Silver Lake neighborhood with easy access to shopping, dining, and everyday amenities, and it is described as minutes to Downtown Providence, Federal Hill, and the West End. Commuting access is noted near Route 6, Route 10, I-95, and I-195, with proximity to hospitals, universities, public transportation, parks, and major employment centers.
Key Highlights
- Two buildings on one lot: a front 3‑family plus a rear tenant‑occupied single‑family home
- Front building 3‑family units include two 3‑bedroom/1‑bath units and a third unit with 4 bedrooms and 2 baths
- Rear single‑family home offers 3 bedrooms and 2.5 baths
Local Financial Insights For Apartment 5plus
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 | $189.8k | $29.40 |
| − Vacancy | −$11.8k | −$1.82 |
| EGI | $178.1k | $27.58 |
| − OpEx | −$80.1k | −$12.41 |
| NOI | $97.9k | $15.17 |
