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Listed price in listed location currency (USD).
$2,599,999

1240

MLS® 1427053

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 13216 sqft
Garage 
Taxes $45,036
Days Active 1
Lot Size 0.13 Acres
Approx. Age 1930
Avg. Price Per Sqft $196
MLS® Number 1427053

Property Address: 461 Elmwood Ave, Providence, RI, 02907-1755

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1427053
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1930
BasementExterior Entry, Full, Interior Entry, Partially Finished
DrivewayNo Garage
Garage Spaces
HeatBaseboard, Gas, Steam
A/CWindow Units

Extras

Price History

Last Sold Price

$1,250,000$1.3M

Appreciation

--

Avg. Days Listed

18 days

Today, For Sale for $2,599,999

For Sale · 0 days

$2,599,999

MLS® 1427053

11 hours ago

Not Sold Yet

October 2026, For Sale for $2,599,999

For Sale · 0 days

$2,599,999

MLS® 1427053

11 hours ago

Not Sold Yet

August 2023, Sold for $1,250,000

Sold · 18 days

$1,250,000$1,400,000

MLS® 1340472

3 years ago

Sold on Aug 15, 2023

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