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Listed price in listed location currency (USD).
$1,550,000

852

MLS® 1405866

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3435 sqft
Garage 
Taxes $18,131
Days Active 33
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $451
MLS® Number 1405866

Property Address: 12 University Ave, Providence, RI, 02906-4122

Average square foot calculated using Size range provided by listing 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.
MLS® Number1405866
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementExterior Entry, Full, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$1,550,000List Price
  • Commute

Commute

Starting Address
Destination Address
12 University Ave, Providence, RI

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