Providence 3-Family
68 9th Street Providence, RI 02906
New
68 9th Street, Providence, RI, 02906
$899,999
For Sale
$899,999
MULTI_FAMILY - Providence, RI
Property Size3,564 SF
Lot Size0.11 Acres
Price / SF$252.52
Days on Market3
Property Features for 68 9th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 6, Basement, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
- Parking
- 7
- Parking features
- None
- Basement
- Full, Unfinished
- Appliances
- Gas Water Heater
- Standard status
- Active
- Size
- 3,564 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11794
Utilities
- Heating system
- Natural Gas, Baseboard
Building Details
- Year built
- 1910
- Number of units
- 3
- Flooring type
- Hardwood, Tile - Ceramic
- Building materials
- Vinyl Siding
Listing Agency
E Z Home Search Real Estate In
(508) 646-4777
798 Stafford Road, Fall River, RI
Listed by
Kyle Aguiar
(508) 646-4777
Added: Jul 18 Checked: Jul 20 at 10:06 am
MLS# 1418201
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.
Investment Insights
Based on property information with market context.
This for-sale 3-family residential property at 68 9th Street consists of three units with 2 bedrooms and 1 bathroom on each level. The units are described as having large eat-in kitchens, double parlors, and high ceilings, with wide open front entrance hallways designed to make moving easier. First and second floor units include their own laundry rooms off the kitchen, and the basement is described as offering additional room for laundry hookups. The exterior has been updated, including a new driveway installed in 2022.
The property includes off-street parking for all units, and there is a yard that can be used for entertaining or additional parking. The home is positioned minutes from Blackstone Blvd and Route 95, with access suited to commuter routes.
Additional details provided include that the owner has occupied the property since 2017 and has maintained it throughout each unit through to the exterior.
The property includes off-street parking for all units, and there is a yard that can be used for entertaining or additional parking. The home is positioned minutes from Blackstone Blvd and Route 95, with access suited to commuter routes.
Additional details provided include that the owner has occupied the property since 2017 and has maintained it throughout each unit through to the exterior.
Key Highlights
- 3‑family home built in 1910 with hardwood and ceramic tile flooring throughout
- Each unit includes an eat‑in kitchen with multiple bedrooms and bathrooms (Bedroom 1–6; Bathroom 1–3)
- First- and second‑floor units have laundry rooms off the kitchen; basement offers additional room for laundry hook‑ups
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 | $92.0k | $25.80 |
| − Vacancy | −$6.0k | −$1.68 |
| EGI | $86.0k | $24.12 |
| − OpEx | −$25.8k | −$7.24 |
| NOI | $60.2k | $16.89 |
3,564 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$859.7K
$752.3K – $1.00M
NOI $60,182 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$772.2K
$675.7K – $901.0K
NOI $54,057 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,465 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three residential units with multiple updated exterior features, including a driveway installed in 2022.
Where is this triplex located?
The property is located at 68 9th Street Providence, RI.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: 3‑family home built in 1910 with hardwood and ceramic tile flooring throughout; Each unit includes an eat‑in kitchen with multiple bedrooms and bathrooms (Bedroom 1–6; Bathroom 1–3); First- and second‑floor units have laundry rooms off the kitchen; basement offers additional room for laundry hook‑ups
