Smith Hill Three-Family
For Sale
$499,000
Pending
48 Calais Street, Providence, RI 02908
Well-maintained three-family property in Providence's Smith Hill neighborhood.
Property SizeContact for details
Days on Market141
Property Features for 48 Calais Street
General Information
Standard status
Pending
Property subtype
Multi-family
Building Details
Year Built
1870
Listing Agency:
Residential Properties Ltd.
(401) 553-6331
Listed By:
Ramiro Encizo · License #RES.0042346
Source:
Milburyre
Added: Apr 11
Changed: Aug 28
Last Checked: Aug 29 at 10:52AM
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 Residential Properties Ltd.
Investment Insights
Based on property information with market context.
Located on a quiet street in Providence's Smith Hill neighborhood, this well-maintained three-family property offers convenient access to nearby amenities. The property features curb appeal and a spacious, welcoming backyard. Inside, the building contains three 2-bedroom units with comfortable interiors. The units have historically rented quickly due to their proximity to the Rhode Island Statehouse, walkability to Downtown Providence, and easy highway access. Recent capital improvements include newer ductless HVAC systems installed in 2022, new electric meters, a younger roof installed in 2018, and vinyl siding. The property has been continuously maintained by its current owner, making it suitable for both owner-occupants and investors.
Key Highlights
- Three 2‑bedroom units offer immediate rental income potential.
- Recent capital improvements including newer ductless HVAC systems (2022), new electric meters, and a younger roof (2018) minimize future maintenance costs.
- Convenient location with walkability to Downtown Providence and easy highway access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,153
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-family property in Providence's Smith Hill neighborhood.
Where is this triplex located?
The property is located at 48 Calais Street Providence, RI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three 2‑bedroom units offer immediate rental income potential.; Recent capital improvements including newer ductless HVAC systems (2022), new electric meters, and a younger roof (2018) minimize future maintenance costs.; Convenient location with walkability to Downtown Providence and easy highway access.
