32 Judith Street Providence, RI 02909
MULTI_FAMILY - Providence, RI
Property Features for 32 Judith Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 5, Bedroom 7, Bedroom 1, Bathroom 3, Basement, Bedroom 4, Bedroom 6
- Parking features
- Garage
- Interior features
- Plumbing (Mixed)
- Basement
- Full, Unfinished
- Appliances
- Gas Water Heater
- Standard status
- Active
- Size
- 3,049 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3715
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1859
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Carpet, Vinyl
- Building materials
- Vinyl Siding
Listing agent Yasah Pitcher (401) 333-4900
Listing office Keller Williams Leading Edge 28 Thurber Boulevard, Lincoln, RI (401) 333-4900
Listing date Jun 25, 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 at 32 Judith Street in Providence, Rhode Island, on a quiet dead-end street with street parking only. The exterior includes a spacious backyard.
For tenants and buyers, the mix of unit types can accommodate a range of households within a single building. For an investor, the presence of vacant units alongside newly updated spaces may help streamline leasing and reduce near-term turnover friction. For an owner-occupant, the layout supports living in one unit while renting the others. The building is also presented as having the possibility of creating a fourth unit, subject to applicable approvals and feasibility.
Key Highlights
- Legal 3‑unit property built in 1859, offering a potential to create a 4th unit
- Unit mix includes two 2BR/1BR units and a 3BR/2BA unit; one room is rented in the 3BR/2BA unit
- Newly updated units with separate tenant‑paid utilities and updated energy‑efficient natural gas forced‑air heating
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 | $78.7k | $25.80 |
| − Vacancy | −$5.1k | −$1.68 |
| EGI | $73.6k | $24.12 |
| − OpEx | −$22.1k | −$7.24 |
| NOI | $51.5k | $16.89 |
