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Renovated Three-Family Providence Property

70 Whittier Avenue Providence, RI 02909

70 Whittier Avenue, Providence, RI, 02909
$669,900
For Sale
Claim this Listing
$669,900

MULTI_FAMILY - Providence, RI

Property Size2,503 SF
Lot Size0.13 Acres
Price / SF$267.64
AddedMay 19
Days on Market58
Last RefreshJul 15 at 8:06 am

Property Features for 70 Whittier Avenue

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
7
Bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 7, Bedroom 6, Bathroom 1, Basement
Parking
8
Parking features
None
Interior features
Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
Basement
Unfinished, Storage Space, Full
Appliances
Gas Water Heater, Oven/Range, Refrigerator
Standard status
Active
Size
2,503 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3483

Utilities

Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas, Space Heater
Water source
Public

Building Details

Year built
1910
Floors in Building
3
Number of units
3
Flooring type
Vinyl, Hardwood
Building materials
Dry Wall, Plaster, Shingles

Listing agent Sussy DeLeon

Listing office Re/Max New Horizons 390 Broadway, Providence, RI

Listing date May 19, 2026

MLS# 1411269 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 renovated three-family property is located in the Silver Lake neighborhood of Providence. Each apartment features two bedrooms, an eat-in kitchen, a living room, and a full bathroom. The property has undergone extensive renovations, including updated kitchens and bathrooms, new flooring throughout, and all new windows. The building offers a full unfinished walkout basement for storage and future potential. The property is situated on a 0.13-acre lot that offers additional parking or backyard possibilities. The property is conveniently located close to highways, shopping, restaurants, and everyday amenities. The property size is 2503 square feet.

Key Highlights

  • Renovated three‑family home built in 1910, with public water and public sewer
  • All apartments have 2 bedrooms plus an eat‑in kitchen, living room, and a full bathroom
  • Updates include new kitchens and bathrooms, flooring throughout, and all new windows

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 $64.6k $25.80
− Vacancy −$4.2k −$1.68
EGI $60.4k $24.12
− OpEx −$18.1k −$7.24
NOI $42.3k $16.89
2,503 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$603.8K
$528.3K – $704.4K (±1% cap)
NOI $42,266 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$542.3K
$474.6K – $632.7K (±1% cap)
NOI $37,964 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$837.4K
$732.7K – $977.0K (±1% cap)
NOI $58,617 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office HVAC Service Skin Care Clinic Electrical Service Carpet & Flooring Store Real Estate Agency Acupuncture Nursing Home Nursing Home Pet Grooming Service

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

FAQs

What type of property is this?
Triplex - Updated three-unit building in Silver Lake neighborhood, Providence.
Where is this triplex located?
The property is located at 70 Whittier Avenue Providence, RI.
What is the asking price?
The asking price for this property is $669,900.
What are key features of this property?
This property features: Renovated three‑family home built in 1910, with public water and public sewer; All apartments have 2 bedrooms plus an eat‑in kitchen, living room, and a full bathroom; Updates include new kitchens and bathrooms, flooring throughout, and all new windows
Contact an agent
More about this property
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