About This Home

This 5-bedroom, 3-bathroom residential multi family at 61 Douglas Avenue in Providence, RI is listed for $550,000 ($155 per sqft). Built in 1930, the home offers 3,552 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1930
  • 0.07 acre lot
  • 2 parking spaces

Property Details

3 full
2 spaces
1930

Amenities

Hardwood
Listing Description

Fully leased and income-producing 3-family in Providence offering immediate cash flow for investors or an excellent future owner-occupant opportunity. All three units are currently rented, generating strong rental income from day one. The property features spacious layouts, abundant natural light, a full unfinished basement with washer and dryer providing excellent storage, and separately functioning residential units.

Conveniently located along Douglas Avenue with quick access to Downtown Providence, Providence College, Rhode Island College, Route 146, I-95, I-295, shopping, restaurants, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is a strong opportunity in a high-demand rental market. Will come with first floor vacant for owner occupied.

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

61 Douglas Avenue

Providence, RI 02908

Property Details

Flooring

HardwoodLaminate

Construction

Vinyl Siding

Parking

None

Heating

SteamNatural Gas

Appliances

Gas Water Heater

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 61 Douglas Avenue is listed at $550,000 ($155/sqft). The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.07 acre lot, 2 parking spaces.

This property is listed by Kyle Seyboth.

KS

Kyle Seyboth

Agent at Century 21 Limitless

Listed by Century 21 Limitless · Broker phone: (508) 726-3492 · View on Broker Site · Broker website

MLS# 1421978· Source: State Wide MLS of Rhode Island, Inc.· 61 days on PropertySimple

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.

61 Douglas Avenue, Providence, RI 02908

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