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Three-Unit Property with Updated Systems
For Sale
$550,000

310 Orms Street, Providence, RI 02908

Three residential units offer two-bedroom layouts, separate kitchens, and spacious living rooms.

Property SizeContact for details
Days on Market110

Property Features for 310 Orms Street

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Forced Air
Gas
Gas Water Heater
Porch, Sewer Connected

Building Details

Year Built 1895
Listing Agency: Keller Williams Elite
Listed By: Heba Daoud
Source: Kw
Added: May 13 Changed: Aug 29 Last Checked: Aug 29 at 11:26PM

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 Keller Williams Elite

Investment Insights

Based on property information with market context.

Built in 1895, this Providence multifamily property contains three residential units, each with two bedrooms, a kitchen, and a spacious living room. Interior improvements include fresh paint, kitchen and bathroom updates, replacement water boilers, and a new heat system. The building also offers forced-air heat, gas service, a gas water heater, porches, sewer connection, and storage areas.

Located at 310 Orms Street, the property is near Providence Place Mall, local colleges, restaurants, highways, and the train station. The surrounding residential setting provides access to Providence amenities while retaining a neighborhood-oriented environment. A Providence parking sticker is also referenced for area parking access.

Key Highlights

  • Three residential units, each with 2 bedrooms
  • Built in 1895 with roof age around 8 years
  • Replacement water boilers and new heat system

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Acupuncture Adult Day Care

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

2,153
Businesses Nearby

Demographics for 02908, RI

38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three residential units offer two-bedroom layouts, separate kitchens, and spacious living rooms.
Where is this triplex located?
The property is located at 310 Orms Street Providence, RI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three residential units, each with 2 bedrooms; Built in 1895 with roof age around 8 years; Replacement water boilers and new heat system
More about this property
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