# 12 University Avenue, Providence, RI 02906

> **TL;DR:** 8bd/5ba residential multi family, $1,550,000, built 1900.
> Hardwood, A/C. Est. $6,717/mo. Listed 36 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,550,000 |
| Bedrooms | 8 |
| Bathrooms | 5 full |
| Year Built | 1900 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 36 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,717 |
| **Total** | **$6,717** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1900
- 0.08 acre lot
- 3 stories
- 2 parking spaces

## Description

### Agent Description
This is the East Side two-family people wait years for. Fully gut renovated in 2020, from the foundation up, and currently leased through May 2027 with zero vacancy history and $105,600 in annual gross income. The work is done. The tenants are in. You collect. Unit 2 spans two levels with five bedrooms, three baths, and lives like a private townhouse. Unit 1 offers three bedrooms and two baths with its own independent footprint. Central air, in-unit laundry, off-street parking, outdoor space, and high-end finishes throughout both units. At $8,800/month in combined rent with tenants covering gas and electric, this property generates approximately $80,040 NOI with leases resetting in 2027. For investors, this is a clean, stabilized East Side hold. For 1031 buyers, it checks every box. For the right owner occupant, it's a rare chance to live large while the income works for you.

## Location

- **Address:** 12 University Avenue, Providence, RI 02906
- **County:** Providence
- **Neighborhood:** East Side
- **Coordinates:** 41.833169, -71.393521
- **Google Maps:** https://www.google.com/maps?q=41.833169,-71.393521

## Listing Agent

- **Name:** Scott Champagne
- **Brokerage:** Compass
- **Phone:** (617) 206-3333
- **Email:** scott.champagne@compass.com

## Primary Photo

![12 University Avenue - Primary Photo](http://lh.rdcpix.com/2de9f7423ae1b24ce794b8d1d373059fl-f1308495945r.jpg)

*46 total photos available on [listing page](https://www.propertysimple.com/listing/12-university-avenue-providence-ri-02906-1405866)*

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**MLS#:** 1405866 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/12-university-avenue-providence-ri-02906-1405866)

---

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