89 Knowles Street Providence, RI 02906
MULTI_FAMILY - Providence, RI
Property Features for 89 Knowles Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Basement, Bedroom 3, Bathroom 3, Bathroom 5
- Parking features
- None
- Interior features
- Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Walls)
- Basement
- Unfinished, Storage Space, Full
- Appliances
- Gas Water Heater, Tankless Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 3,899 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4810
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Ductless
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood, Tile - Ceramic
- Building materials
- Dry Wall, Vinyl Siding
Listing agent Mariana Freitas Novo (401) 207-3329
Listing office William Raveis Inspire 201 Wayland Avenue, #8, Providence, RI (401) 751-8100
Listing date May 18, 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.
Investment Insights
Based on property information with market context.
The home is located on the East Side of Providence, with convenient access to universities, shopping, dining, parks, and public transportation, according to the remarks.
For tenants or owner-occupants, the configuration supports flexible use—room counts can accommodate additional bedrooms, home office space, or guest arrangements. Investors considering a two-unit setup may find the separated, unit-by-unit living spaces and in-unit laundry practical for day-to-day operations, with documentation noted via lead certificates for both units.
Key Highlights
- Two‑family home on Providence’s East Side with flexible layouts across two units
- Total 5–6 bedrooms with 3 full bathrooms and 2 half bathrooms
- Includes in‑unit laundry for both 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 | $100.6k | $25.80 |
| − Vacancy | −$6.5k | −$1.68 |
| EGI | $94.1k | $24.12 |
| − OpEx | −$28.2k | −$7.24 |
| NOI | $65.8k | $16.89 |
