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Three-Unit Residential Building
For Sale
$740,500

49 Sorrento Street, Providence, RI 02909

Each floor offers three bedrooms, a kitchen, living area, and full bath, with garage and additional parking.

Property SizeContact for details
Days on Market111

Property Features for 49 Sorrento Street

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Amenities

Baseboard
Gas
Gas Water Heater

Building Details

Year Built 1925
Buildings 1
Stories 3
Listing Agency: Century 21 AllPoints Realty
Listed By: Gustavo Sanchez · License #RES.0042320
Source: Kw
Added: Jun 18 Changed: Oct 4 Last Checked: Oct 5 at 3:45PM

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 Century 21 AllPoints Realty

Investment Insights

Based on property information with market context.

This three-family property, built in 1925, has a kitchen, living area, full bathroom, and three bedrooms on each floor. A finished attic provides additional rooms. Vinyl siding covers the exterior, and the building has baseboard heating and a gas water heater.

A two-car garage and extra parking spaces are located on the property at 49 Sorrento Street in Providence.

Key Highlights

  • Three‑family property with a kitchen, living area, full bath, and 3 bedrooms on each floor
  • Finished attic with additional rooms
  • 2‑car garage and extra parking spaces

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Real Estate Agency HVAC Service Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,117
Businesses Nearby

Demographics for 02909, RI

46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Each floor offers three bedrooms, a kitchen, living area, and full bath, with garage and additional parking.
Where is this triplex located?
The property is located at 49 Sorrento Street Providence, RI.
What is the asking price?
The asking price for this property is $740,500.
What are key features of this property?
This property features: Three‑family property with a kitchen, living area, full bath, and 3 bedrooms on each floor; Finished attic with additional rooms; 2‑car garage and extra parking spaces
More about this property
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