Multifamily Property with Income
52 Harold Street, Providence, RI 02908
Three-unit property with strong income potential and flexible living options.
Type:Multi-family / 3 Family - 3 Units Up/Down
Property size:
2,328 SFPrice / SF:
$279/SF- Added:
- Jan 24, 2026
- Days on Market:
- 126
- Last Refresh:
- Mar 13 at 9:54 am
Property Features for 52 Harold Street
General Information
- Standard status
- Active
- Size
- 2,328 SF
- Property subtype
- Multi-family / 3 Family - 3 Units Up/Down
Building Details
- Year Built
- 1910
Listing agent Isabel Garcia License #134989 (401) 845-9200
Listing office Keller Williams Coastal (401) 845-9200
Listing date Jan 24, 2026
Source Compass
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 Coastal
HighLights
- Strong income potential as a 3‑unit multifamily property.
- First‑floor unit boasts 2 bedrooms, 2 full bathrooms, and an extra room with a bathroom.
- Convenient location close to shopping, restaurants, schools, public transportation, hospital, and major highways.
- Finished basement with walk‑out access.
- Second and third floor units each offer 2 bedrooms and 1 full bathroom.
- Exterior features include an enclosed porch and vinyl deck.
Overview
This three-unit multifamily property offers income potential and flexible living options. The first-floor unit includes 2 bedrooms and 2 full bathrooms, with an extra room and bathroom. The second and third floors each feature 2 bedrooms and 1 full bathroom. A basement provides additional space. The property is located near shopping, restaurants, schools, public transportation, a hospital, and major highways. This property is suitable for investors or owner-occupants looking to generate rental income. The property size is 2328 square feet.
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 | $60.1k | $25.80 |
| − Vacancy | −$3.9k | −$1.68 |
| EGI | $56.2k | $24.12 |
| − OpEx | −$16.8k | −$7.24 |
| NOI | $39.3k | $16.89 |
2,328 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$561.6K
$491.4K – $655.2K
NOI $39,311 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$504.4K
$441.4K – $588.5K
NOI $35,310 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$778.8K
$681.5K – $908.7K
NOI $54,519 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4385791
- Latitude
- 41.8283534
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property with strong income potential and flexible living options.
Where is this triplex located?
The property is located at 52 Harold Street Providence, RI.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Strong income potential as a 3‑unit multifamily property.; First‑floor unit boasts 2 bedrooms, 2 full bathrooms, and an extra room with a bathroom.; Convenient location close to shopping, restaurants, schools, public transportation, hospital, and major highways.
