Providence Triplex Investment
For Sale
$659,000
Pending
27 Greeley Street, Providence, RI 02904
Three-unit property with long-term tenants and income potential.
Property SizeContact for details
Days on Market200
Property Features for 27 Greeley Street
General Information
Standard status
Pending
Property subtype
Multi-family
Building Details
Year Built
1905
Listing Agency:
Real Broker,LLC
(855) 450-0442
Listed By:
Alex Fronduto
Source:
Milburyre
Added: Feb 10
Changed: Aug 28
Last Checked: Aug 29 at 10:54AM
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 Real Broker,LLC
Investment Insights
Based on property information with market context.
This three-unit property is located in Providence and offers access to downtown. Each unit features 3 bedrooms and 1 bath. The property is fully occupied with long-term tenants. Separate electrical and gas heating meters are installed. A newer roof has been installed. Two units are currently month-to-month, offering flexibility for an owner-occupant or an investor looking to reposition rents. Current rents run below market rate, presenting a path to increased cash flow. This property may be suitable for an owner occupant or an investor.
Key Highlights
- Fully occupied three‑unit building in a desirable Providence location.
- Opportunity to increase cash flow by repositioning rents (below market).
- Separate electrical and gas meters for easy expense management.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
855
Businesses Nearby
Explore this area
Business Placement
Demographics for 02904, RI
31,542
Population
14,483
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
6,066
Density / Sq Mi
$64,637
Median Household Income
$47,040
Median Earnings
$1,217
Median Rent
$302,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with long-term tenants and income potential.
Where is this triplex located?
The property is located at 27 Greeley Street Providence, RI.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Fully occupied three‑unit building in a desirable Providence location.; Opportunity to increase cash flow by repositioning rents (below market).; Separate electrical and gas meters for easy expense management.
