872 Branch Avenue, Providence, RI 02904
MULTI_FAMILY - Providence, RI
- Added:
- Jun 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 12 at 4:06 am
Property Features for 872 Branch Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 4, Basement, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Parking features
- Garage
- Exterior features
- Balcony
- Basement
- Full, Unfinished
- Appliances
- Gas Water Heater
- Standard status
- Active
- Size
- 5,472 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15237
Utilities
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Number of units
- 4
- Flooring type
- Tile - Ceramic, Hardwood
- Building materials
- Vinyl Siding
Listing agent The Realpro Group (401) 432-4223
Listing office Realpro By The Water 2202 Broad Street, Cranston, RI (401) 600-4100
Listing date Jun 10, 2026
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.
HighLights
- Newer 2023 construction featuring central heating and central air (natural gas)
- 4 large units, each with over 1,300 SF of living space and townhouse‑style layouts
- Each unit includes 3 bedrooms and 1‑1/2 bathrooms, plus a large kitchen with modern cabinets, granite tops, and recessed lighting
- Ceramic tile flooring throughout with hardwood extending into the living room and bedrooms
- Each unit offers an enormous basement for extra storage and a designated parking area
- Balcony, vinyl siding, and garage parking; gas water heater; public water
Overview
The property is located at 872 Branch Avenue in Providence, RI 02904. The public remarks note convenient access to Providence College (PC) and major highways.
This configuration is well suited for buyers seeking a multifamily income property with multiple large floorplans in a newer build. With each unit set up as a three-bedroom, 1.5-bath home and supported by central climate control, ample interior finishes, basement storage, and parking assignments, the property offers a consistent tenant experience across all four units.
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 | $141.2k | $25.80 |
| − Vacancy | −$9.2k | −$1.68 |
| EGI | $132.0k | $24.12 |
| − OpEx | −$39.6k | −$7.24 |
| NOI | $92.4k | $16.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.434938
- Latitude
- 41.854538
