Triplex with Walkout
New
For Sale
$649,900
70 Whittier Avenue, Providence, RI 02909
Residential Income, Providence, RI
Property Size2,503 SF
Lot Size0.13 Acres
Price / SF$259.65
Days on Market2
Property Features for 70 Whittier Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Basement, Bedroom 5, Bedroom 7, Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4
Parking
8
Parking features
None
Window features
Insulated Windows
Interior features
Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
Basement
Full, Storage Space, Unfinished
Appliances
Oven, Range, Refrigerator, Electric Water Heater, Gas Water Heater
Subdivision
Silver Lake
Lot features
Fenced, Paved Driveway
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
Electric (Heating), Baseboard, Natural Gas, Space Heater
Water source
Public
Amenities
extra-large yard
spacious walkout basement
Building Details
Year built
1910
Floors in Building
3
Number of units
3
Flooring type
Hardwood, Laminate
Building materials
Dry Wall, Plaster, Shingles
Listing Agency:
Re/Max New Horizons · RE/MAX International
(401) 331-8855
Listed By:
Sussy DeLeon
(401) 639-4902
Added: Oct 14
Last Checked: Oct 15 at 8:06AM
MLS# 1425813
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.
Built in 1910, this three-family property contains 2,503 square feet on a 0.13-acre lot. Updates include the kitchens, bathrooms, flooring, walls, and windows. A walkout basement adds space to the building; any future use is subject to local approvals.
The property is in Providence, with highways, a train station, the airport, shopping, restaurants, and municipal services nearby. Boston is approximately one hour away.
The property is in Providence, with highways, a train station, the airport, shopping, restaurants, and municipal services nearby. Boston is approximately one hour away.
Key Highlights
- Three‑family property with 2,503 square feet of building area
- Situated on a 0.13‑acre lot
- Kitchens, bathrooms, flooring, walls, and windows have been updated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,266
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,320
$845.3K
Cap Rate 7%
$603,800
$603.8K
Cap Rate 9%
$469,622
$469.6K
Market Conditions
NOI Build-Up for 2,503 SF
Gross rent
$64.6K $25.80/SF
− Vacancy
−$4.2K −$1.68/SF
EGI
$60.4K $24.12/SF
− OpEx
−$18.1K −$7.24/SF
NOI
$42.3K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,320
Cap Rate 7%
$603,800
Cap Rate 9%
$469,622
Alternative Uses
Best Use
Multifamily LT 5
$603.8K
$528.3K – $704.4K
NOI $42,266 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$542.3K
$474.6K – $632.7K
NOI $37,964 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$837.4K
$732.7K – $977.0K
NOI $58,617 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,188
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Triplex - The 2,503-square-foot property has updated kitchens, bathrooms, flooring, walls, and windows.
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 $649,900.
What are key features of this property?
This property features: Three‑family property with 2,503 square feet of building area; Situated on a 0.13‑acre lot; Kitchens, bathrooms, flooring, walls, and windows have been updated
