13 Dickinson Ave North Providence, RI 02904
This exceptional investment opportunity presents a four-unit apartment building located at 13 Dickinson Avenue in North Providence, Rhode Island, 02904. The property, built in 1909, boasts 3,028 square feet and sits on a 5,009 square foot lot. The four-story building is fully fire-coded, equipped with hardwired smoke and carbon monoxide detectors, and a local fire alarm system, ensuring safety and compliance. The exterior features vinyl siding, a newer roof, and newer windows. Each unit benefits from separate utilities, providing individual tenant control and simplified management. The property includes a spacious backyard and offers off-street parking for residents. Currently, all four units are occupied on month-to-month leases, with tenants responsible for their own utilities. The current market rent potential is estimated at $5,900 per month. The property is zoned RES and presents a compelling sale/leaseback investment opportunity. Its convenient location near restaurants, shopping, schools, and parks adds to its appeal and potential for strong rental demand. This well-maintained property offers a solid return on investment with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.