26 Frederick Street, Providence, RI 02908
MULTI_FAMILY - Providence, RI
- Added:
- Jun 17, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 18 at 3:06 pm
Property Features for 26 Frederick Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 8, Basement, Bedroom 1, Bedroom 9, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 5
- Parking features
- Garage
- Interior features
- Attic, Attic Stairs, Plumbing (Mixed), Insulation (Unknown), Insulation (Walls)
- Basement
- Partially Finished, Full
- Appliances
- Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9068
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood, Laminate
- Building materials
- Vinyl Siding
Listing agent Guillermo Hurtado (401) 823-1500
Listing office Re/Max Advantage Group 652 East Ave, Warwick, RI (401) 823-1500
Listing date Jun 17, 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
- 3‑family property with three units, each offering 3 bedrooms and 1 bathroom
- Over 1,100 SF of living space per unit
- 2nd- and 3rd‑floor units were updated last year
- 1st‑floor has recently received new flooring
- Garage parking and ample off‑street parking
- Public water and public sewer; natural gas forced‑air and baseboard heating
Overview
Located in Providence’s Smith Hill neighborhood at 26 Frederick Street, the property is described as conveniently near highways, shopping, schools, and downtown amenities, which can support day-to-day accessibility for residents. Zoning is listed as R-3.
For buyers seeking either an investment holding or an owner-occupant arrangement, the layout offers flexibility by allowing one unit to be lived in while the other units generate rental income. With multiple recently refreshed interiors and dedicated off-street parking, it presents a practical option for tenants and buyers looking for a functional, low-maintenance multifamily configuration.
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 | $85.1k | $25.80 |
| − Vacancy | −$5.5k | −$1.68 |
| EGI | $79.6k | $24.12 |
| − OpEx | −$23.9k | −$7.24 |
| NOI | $55.7k | $16.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.429135
- Latitude
- 41.835266
