For Sale
1 / 47
Property summary
This exceptional investment opportunity presents a meticulously maintained, five-unit multifamily building situated on a 5,014 square foot lot at 44 Sycamore Street in Providence, Rhode Island's desirable Armory District. Built in 1900, this charming Mansard-style Victorian boasts a slate roof and has undergone significant renovations. Improvements include updated kitchens and bathrooms, new heating systems, central air conditioning, and solar panels on the third floor. Safety features include a hardwired smoke detector system. Recent upgrades also encompass a new roof (2019), new storm windows (2022), and new windows (2023). The building comprises four one-bedroom units and one three-bedroom unit, each featuring high ceilings, wide-plank hardwood floors, abundant natural light, and distinct character. Residents enjoy off-street parking for six cars, with two spaces housed in a secure garage accessible via remote control. Currently generating over $9,300 in monthly rent, this property offers a compelling return on investment. Its prime location provides easy access to downtown Providence, major highways, and the vibrant amenities of the West Side. This property is ideal for both owner-occupants and investors seeking a stable, high-performing asset in a thriving urban neighborhood. The asking price is $1,249,900.
Property profile
VerifiedCap rate & NOI
Current use
-
Painting
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight
