Two-Unit Duplex with Updated
For Sale
$799,000
91 Hudson Street, Providence, RI 02909
Two spacious units offer separate entries, basement access, and flexible layouts.
Property Size2,995 SF
Price / SF$266.78
Days on Market27
Property Features for 91 Hudson Street
General Information
Standard status
Active
Size
2,995 SF
Property subtype
MultiFamily
Additional Details
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Williams & Stuart Real Estate
(401) 942-0200
Listed By:
Kim Cota · License #RES.0045209
(401) 598-6092
Source:
Lockandkeyre
Added: Sep 9
Changed: Oct 4
Last Checked: Oct 5 at 7:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Williams & Stuart Real Estate
Investment Insights
Based on property information with market context.
This 2,995-square-foot duplex, built in 1900, contains two separate residences with six bedrooms overall. The first-floor unit includes three bedrooms, two full bathrooms, an office or additional living area, vaulted ceilings, a large living space, an updated kitchen with stainless appliances, and a finished primary bathroom. The third-floor unit provides three bedrooms, one full bathroom, a generous living area, and an updated kitchen.
Both residences have individual entrances, basement access, hardwood flooring, and abundant natural light. Located at 91 Hudson Street in Providence’s West End, the property combines distinct unit layouts with substantial interior space and practical separation between residences.
Both residences have individual entrances, basement access, hardwood flooring, and abundant natural light. Located at 91 Hudson Street in Providence’s West End, the property combines distinct unit layouts with substantial interior space and practical separation between residences.
Key Highlights
- 2,995‑square‑foot duplex built in 1900
- Two units with six bedrooms combined
- First‑floor residence includes 3 bedrooms, 2 full bathrooms, and office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,574
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,011,480
$1.0M
Cap Rate 7%
$722,486
$722.5K
Cap Rate 9%
$561,933
$561.9K
Market Conditions
NOI Build-Up for 2,995 SF
Gross rent
$77.3K $25.80/SF
− Vacancy
−$5.0K −$1.68/SF
EGI
$72.2K $24.12/SF
− OpEx
−$21.7K −$7.24/SF
NOI
$50.6K $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%
$1,011,480
Cap Rate 7%
$722,486
Cap Rate 9%
$561,933
Alternative Uses
Best Use
Multifamily LT 5
$722.5K
$632.2K – $842.9K
NOI $50,574 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$649.0K
$567.8K – $757.1K
NOI $45,427 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$1.00M
$876.7K – $1.17M
NOI $70,139 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,692
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
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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?
Duplex - Two spacious units offer separate entries, basement access, and flexible layouts.
Where is this duplex located?
The property is located at 91 Hudson Street Providence, RI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2,995‑square‑foot duplex built in 1900; Two units with six bedrooms combined; First‑floor residence includes 3 bedrooms, 2 full bathrooms, and office space
