Property profile

53 Alger Ave Providence, RI 02907

FOR SALE
Triplex
Property ID
US76-0095130
3,123 SF 0.14 ac lot Built 1930
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property at 53 Alger Avenue in Providence is a three-family residential building located in South Providence. It contains three separate units with spacious, multi-room layouts and includes off-street parking. The site is positioned near everyday amenities such as shopping, dining, and grocery options, and is within minutes of Downtown Providence and Federal Hill. Nearby access includes Roger Williams Park, local schools, RIPTA transit, and T.F. Green Airport. The surrounding area provides commuting connections via I-95, Route 10, and I-195 to other parts of Rhode Island and into Massachusetts, with major employers and institutions in the vicinity including Rhode Island Hospital, Hasbro Children’s Hospital, Brown University, Johnson & Wales University, and the Rhode Island School of Design.

Property profile

Verified
Property type Triplex
Year built 1930
Total area 3,123 SF
Lot 0.14 ac (6,000 SF)
APN PROV M:88 L:20
UPID US76-0095130

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

53 Alger Ave Providence, RI 02907
Providence metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message