68 Whitmarsh Street Providence, RI 02907
Fully renovated three-family property in Providence's historic Elmwood neighborhood.
Property Features for 68 Whitmarsh Street
General Information
- Standard status
- Active
- Size
- 1,447 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing office My Dream Home Realty
Listing date May 4, 2026
Source Milburyre
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All listing content including descriptions, pricing, images are the copyrighted material of My Dream Home Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Fully renovated from the studs, ensuring modern comfort.
- Three spacious units, each with a double parlor, 3 bedrooms, and 1 bathroom.
- Strong rental potential in the desirable historic Elmwood neighborhood of Providence.
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 | $37.3k | $25.80 |
| − Vacancy | −$2.4k | −$1.68 |
| EGI | $34.9k | $24.12 |
| − OpEx | −$10.5k | −$7.24 |
| NOI | $24.4k | $16.89 |
