Back to Search
Three-Unit Residential Income Property

73 Trenton Street Providence, RI 02906

73 Trenton Street, Providence, RI, 02906
$749,000
For Sale
Claim this Listing
$749,000

MULTI_FAMILY - Providence, RI

Property Size2,285 SF
Lot Size0.06 Acres
Price / SF$327.79
AddedJul 7
Days on Market8
Last RefreshJul 14 at 6:06 pm

Property Features for 73 Trenton Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1, Basement, Bedroom 3
Parking
4
Parking features
None
Interior features
Wall (Plaster), Stairs, Plumbing (Copper), Insulation (Walls)
Basement
Partially Finished, Storage Space, Full
Appliances
Gas Water Heater, Dishwasher, Microwave, Oven/Range
Standard status
Active
Size
2,285 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8974

Utilities

Heating system
Baseboard, Natural Gas
Cooling system
Window Unit(s)

Building Details

Year built
1930
Floors in Building
4
Number of units
3
Flooring type
Vinyl, Hardwood
Building materials
Plaster, Other Siding

Listing agent Justin Freitas

Listing office Century 21 Gonsalves - Pastore 126 Broad St., Cumberland, RI

Listing date Jul 7, 2026

MLS# 1417268 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 residential income property is currently used as a three-unit, though public records describe it as a four-family. It has been owner-occupied and is described as meticulously maintained for the past 50+ years. The offering will be delivered fully vacant, allowing an owner to set tenancy, parking, and rents according to their preferences.

The property is located at 73 Trenton Street in Providence, Rhode Island, in the Fox Point area. The public remarks note convenient access to highway routes for connections to the Jewelry District and East Providence, as well as proximity to Brown University and RISD. It is also described as a short walk to the water and nearby amenities on Wickeden St.

For buyers or operators, the key consideration is the unit configuration: it is labeled as a four-family on public records but is being operated as a three-unit. Because the property will be delivered fully vacant, new ownership can review the layout and determine the leasing approach that best fits the intended configuration.

Key Highlights

  • Built in 1930 with plaster construction and hardwood and vinyl flooring
  • Currently configured as a 3‑unit; public records show it is labeled as a four‑family
  • Delivered fully vacant, giving the owner flexibility with tenants, parking, and rents

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 $59.0k $25.80
− Vacancy −$3.8k −$1.68
EGI $55.1k $24.12
− OpEx −$16.5k −$7.24
NOI $38.6k $16.89
2,285 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$551.2K
$482.3K – $643.1K (±1% cap)
NOI $38,585 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$495.1K
$433.2K – $577.6K (±1% cap)
NOI $34,658 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$764.5K
$668.9K – $891.9K (±1% cap)
NOI $53,512 @ 7.0% cap · market cap 7.14%
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

HVAC Service Auto Parts Store Electrical Service Carpet & Flooring Store Storage Facility Catering Service (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Triplex - Owner-occupied, well-maintained three-unit property delivered fully vacant for flexible leasing decisions.
Where is this triplex located?
The property is located at 73 Trenton Street Providence, RI.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Built in 1930 with plaster construction and hardwood and vinyl flooring; Currently configured as a 3‑unit; public records show it is labeled as a four‑family; Delivered fully vacant, giving the owner flexibility with tenants, parking, and rents
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message