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Street View
$2,599,999
Monthly Est:$12,941
12 Beds
4 Baths4 full baths
13,216sqft
461 Elmwood Ave, Providence, RI 02907
$2,599,999
$12,941/moEst:
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Multi Family
Built in 1930
$-- HOA
5,663 sqft lot
$197/sq.ft
Description
RARE FIND! Cash Flow Positive with 9% Cap Rate 16 Residential Units Fully registered with Lead Certificates in place. Gross annual rent of $329,000 with NOI of $235,000. Renovated inside and out in 2024. New gas lines, electric upgrades, new hot water heaters and many cosmetic updates. Unit Mix - Five 3 bed / 1 bath. Three 2 bed / 1 bath. Five 1 bed / 1 bath. Three Studio / 1 bath. Seller is licensed RE agent.
- Houzeo last checked: 8 hours ago
- Listing updated: October 27, 2026 at 10:57 pm
- Listing Provided by: Derek Greene (888) 278-5840 DRE #REB.0016396 | The Greene Realty Group (888) 278-5840
- Source: RI StateWide MLS-RI | MLS#: 1427053
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1930
HOA Fees
-
Finished Area
13,216 sqft
Lot Size
5,663 sqft lot
Basement Area
- sqft
MLS Name
RI StateWide MLS
MLS Number
1427053
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 4
Interior
Cooling
Window Units
Sewer
Connected, Public Sewer
Appliances
Gas Water Heater, Refrigerator
Flooring
Ceramic Tile, Hardwood, Vinyl
Heating
Baseboard, Gas, Steam
Construction
Year Built
Year Built: 1930
Home type
Multi Family
Construction Materials
Drywall, Plaster, Brick, Masonry
Architectural Style
Stacked
Utilities & Energy
Basement
Exterior Entry, Full, Interior Entry, Partially Finished
Parking Features
No Garage
Water Source
Public
Electric
Separate Meters
Fireplace Features
None
Security Features
Security System Owned
Laundry Features
Common Area
Utilities
Sewer Connected
Other Features
Community Features
Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping
Price History
| Date | Event | Price |
|---|---|---|
10/27/2026 Source: | Listed for Sale | $2,599,999 +62.50% $197/sqft |
11/01/2023 Source: | Listing Removed | $1,600,000 +28.00% $121/sqft |
10/17/2023 Source: | Price Decreased | $1,250,000 -10.71% $95/sqft |
07/28/2023 Source: | Sold | $1,400,000 $106/sqft |
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Based on information from State-Wide MLS through Oct 28, 2026, 02:15PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 State-Wide MLS, Inc. All rights reserved.
Advertising Broker: Derek Greene | The Greene Realty Group
