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College Hill Multifamily Investment Opportunity
For Sale
$1,699,000

176 Williams, Providence, RI 02906

Well-maintained 6-unit property in Providence's desirable College Hill neighborhood.

Property SizeContact for details
Days on Market317

Property Features for 176 Williams

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $32,000

Amenities

Circuit Breakers

Building Details

Year Built 1900
Listing Agency: CENTURY 21 LIMITLESS
Listed By: KYLE SEYBOTH · License #32535
Source: Corcoran
Added: Oct 14, 2025 Changed: Aug 13 Last Checked: Apr 5 at 8:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 LIMITLESS

Investment Insights

Based on property information with market context.

This well-maintained 6-unit multifamily property is located in the College Hill neighborhood of Providence. The property features five 2-bedroom units and one 3-bedroom unit. All units are fully occupied with a strong rental history and reliable long-term tenants. The property is located on the East Side, minutes from Downtown Providence, Brown University, RISD, and local amenities. A new roof and a new fire alarm system have been installed. The interiors are well-kept, and the property generates stable cash flow. The building has been attentively cared for. This turnkey property is located in a sought-after neighborhood with high rental demand.

Key Highlights

  • Prime College Hill location in Providence, near Brown University, RISD, and Downtown.
  • Strong rental history with fully occupied units and reliable long‑term tenants.
  • Turnkey 6‑unit multifamily property featuring five 2‑bedroom units and one 3‑bedroom unit.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service Locksmith Cosmetic Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,788
Businesses Nearby

Demographics for 02906, RI

25,559
Population
13,468
Households
1.9
Avg Household Size
35
Median Age
80%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
8,245
Density / Sq Mi
$102,796
Median Household Income
$57,214
Median Earnings
$1,729
Median Rent
$582,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 6-unit property in Providence's desirable College Hill neighborhood.
Where is this apartment building located?
The property is located at 176 Williams Providence, RI.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Prime College Hill location in Providence, near Brown University, RISD, and Downtown.; Strong rental history with fully occupied units and reliable long‑term tenants.; Turnkey 6‑unit multifamily property featuring five 2‑bedroom units and one 3‑bedroom unit.
More about this property
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