Updated Multifamily
For Sale
$1,400,000
94 Ridge, Providence, RI 02909
Fully occupied residential property with renovated kitchens and bathrooms, separate utilities, on-site parking, and access to public transportation.
Property SizeContact for details
Days on Market8
Property Features for 94 Ridge
General Information
Standard status
Active
Property subtype
Commercial
Zoning
R-4
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$22,147
Amenities
Steam Heating
Building Details
Year Built
1900
Listing Agency:
RENTPROV REALTY
(401) 223-2222
Listed By:
SHANNON WEINSTEIN
Source:
Corcoran
Added: Sep 20
Changed: Sep 22
Last Checked: Sep 26 at 7:48AM
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 RENTPROV REALTY
Investment Insights
Based on property information with market context.
This multifamily property, built in 1900, sits on an oversized lot within an R-4 zone and is fully occupied. Unit improvements include updated kitchens and bathrooms, while original hardwood flooring preserves the building’s traditional character. Mechanical upgrades include high-efficiency, on-demand heating systems and an updated fire-safety system. Utilities are separately metered, and on-site parking is available.
The property is in Providence’s Federal Hill area, with walkable access to dining, entertainment, shopping, and Downtown Providence. Public transportation is nearby, with access to Rt 10, 6, and 95. Downtown Providence Train Station is minutes away, while major hospitals, universities, and state offices are within 10 minutes or less. The property is also accessible by bicycle to Downtown Providence.
The property is in Providence’s Federal Hill area, with walkable access to dining, entertainment, shopping, and Downtown Providence. Public transportation is nearby, with access to Rt 10, 6, and 95. Downtown Providence Train Station is minutes away, while major hospitals, universities, and state offices are within 10 minutes or less. The property is also accessible by bicycle to Downtown Providence.
Key Highlights
- Fully occupied multifamily property on an oversized lot
- R‑4 zoning with separate utilities
- Updated kitchens and bathrooms throughout the units
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,039
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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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully occupied residential property with renovated kitchens and bathrooms, separate utilities, on-site parking, and access to public transportation.
Where is this multifamily property located?
The property is located at 94 Ridge Providence, RI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Fully occupied multifamily property on an oversized lot; R‑4 zoning with separate utilities; Updated kitchens and bathrooms throughout the units
