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    Newer Multifamily Property, Providence Title is generated by Realmo AI

    49 Huber Avenue, Providence, RI 02909

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    Claim this Listing
    Pending
    $699,000

    MULTI_FAMILY - Providence, RI

    Type:Apartment
    Property size:
    2,344 SF
    Lot size:
    0.09 Acres
    Added:
    May 1, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 18 at 5:06 am

    Property Features for 49 Huber Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Zoning
    RES
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 4, Basement, Bedroom 6, Bedroom 1, Bathroom 1
    Parking
    5
    Parking features
    Garage
    Patio and Porch features
    Deck
    Interior features
    Wall (Dry Wall), Wall (Plaster), Attic, Wet Bar, Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
    Exterior features
    Deck
    Basement
    Storage Space, Full, Finished
    Appliances
    Electric Water Heater, Dishwasher, Exhaust Fan, Microwave, Oven/Range, Refrigerator
    Standard status
    Pending
    Size
    2,344 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    5200

    Utilities

    Heating system
    Forced Air, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2021
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Laminate, Hardwood, Tile - Ceramic
    Building materials
    Dry Wall, Plaster, Vinyl Siding

    We can help!

    Listing Contact
    Lisa Hassett
    Lisa Hassett

    Listing agent Lisa Hassett

    Listing office Realty New England 63 Sockanosset Cross Rd U2a-2, Seekonk, RI

    Listing date May 1, 2026

    MLS# 1411590 Listing URL

    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

    • Newer 2‑family construction (built 2021/2022) with potential for a third unit.
    • Each unit features an open living room, dining area, and kitchen with granite countertops and an island.
    • Each unit has 3 large bedrooms with ample closet space, including a primary suite with a private bathroom.
    • Finished recreation room and storage in the basement with laundry and a half bath.
    • Excellent location near RI College, public transportation, groceries, and restaurants.
    • Hardwood floors throughout.

    Overview

    Constructed in 2021/2022, this two-family property offers the potential for a third unit. Each floor features an open living room, dining area, and kitchen equipped with granite countertops, soft-close cabinets, and an island. Each unit includes three large bedrooms with ample closet space. The primary suite has its own bathroom, with an additional full bathroom available. Hardwood flooring is present throughout the property. The finished recreation room and storage area are located in the basement, along with laundry facilities and a half bath. The property is situated in a location near Rhode Island College, with convenient access to public transportation, grocery stores, and restaurants. The lot size is 0.0918 acres, and the property size is 2344 square feet. This property is zoned as RES.

    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 $60.5k $25.80
    − Vacancy −$3.9k −$1.68
    EGI $56.5k $24.12
    − OpEx −$17.0k −$7.24
    NOI $39.6k $16.89
    2,344 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $565.4K
    $494.8K – $659.7K (±1% cap)
    NOI $39,581 @ 7.0% cap · market cap 5.66%
    Second Best
    Apartment 5plus
    $507.9K
    $444.4K – $592.6K (±1% cap)
    NOI $35,553 @ 7.0% cap · market cap 5.09%
    Theoretical Best
    Office A
    $784.2K
    $686.2K – $914.9K (±1% cap)
    NOI $54,894 @ 7.0% cap · market cap 7.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.466877
    Latitude
    41.83448

    FAQs

    What type of property is this?
    Duplex - Newer two-family property with potential for a third unit.
    Where is this duplex located?
    The property is located at 49 Huber Avenue Providence, RI.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Newer 2‑family construction (built 2021/2022) with potential for a third unit.; Each unit features an open living room, dining area, and kitchen with granite countertops and an island.; Each unit has 3 large bedrooms with ample closet space, including a primary suite with a private bathroom.
    More about this property
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