The Greene Realty
Powered by 
- 8
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$999,000
Monthly Est:$4,972
8 Beds
7 Baths7 full baths
4,589sqft
23 Whitehall, Providence, RI 02909
$999,000
$4,972/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
0.12 acre lot
$218/sq.ft
Description
Turnkey 7-unit compound with significant upside in a strong Providence rental market. The asset consists of a 6-unit main building featuring (6) one-bed, one-bath units with gas baseboard heat, plus a detached ~989 SF cottage offering a 2-bed, 1-bath layout with electric baseboard heat. Ownership has completed all major capital improvements, including upgraded boilers and hot water systems, minimizing near-term capex. The property is professionally managed and benefits from tenant-paid utilities, creating an efficient and predictable expense structure. Off-street parking adds to tenant appeal and retention. Current gross income is $98,448, with a pro forma of $111,600, driven by below-market rents, presenting a clear and immediate value-add opportunity. This is a stabilized, income-producing asset with operational upside—ideal for investors seeking strong in-place cash flow with the ability to increase yield through rent growth.
- Houzeo last checked: 2 minutes ago
- Listing updated: May 2, 2026 at 7:05 am
- Listing Provided by: |
- Source: MLS Property Information Network-MA | MLS#: 73508855
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
4,589 sqft
Lot Size
0.12 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73508855
MLS Status
Active
Days on Market
184
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 7
Interior
Flooring
Tile
Exterior Features
Rain Gutters
Sewer
Public Sewer
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Construction Materials
Frame
Foundation Details
Block, Stone
Roof
Rubber, Asphalt/composition Shingles
Utilities & Energy
Electric
Circuit Breakers, 150 Amp Service, Individually Metered
Water Source
Public
Basement
Full, Interior Entry, Unfinished
Parking Features
Off Street, Tandem, Common
Other Features
Lot Features
Sloped
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Private School, Public School, T Station, Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
04/29/2026 Source: | Listed for Sale | $999,000 $218/sqft |
Nearby Homes
Find Homes by Property Features in Providence, RI
Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 30, 2026, 05:15AM. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group
