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Listed price in listed location currency (USD).
$899,000

734

MLS® 1406750

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3421 sqft
Garage 
Taxes $7,152
Days Active 12
Lot Size 
Approx. Age 1875
Avg. Price Per Sqft $262
MLS® Number 1406750

Property Address: 87 Hope St, Providence, RI, 02906-2026

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

Description

Positioned in one of the East Side's most desirable and consistently high-demand rental corridors, 87 Hope Street presents a compelling opportunity for investors seeking stable income and long-term appreciation. This legal two-family property with an additional in-law apartment on the third floor offers excellent flexibility and income potential. Close proximity to Brown University, RISD, Miriam Hospital, and downtown Providence, drives strong, year-round tenant demand. The building features a versatile layout ideal for rental optimization, whether configured for multi-family income, student housing, or premium long-term tenants. Classic architectural details, including high ceilings, original moldings, and hardwood floors combine with bright interiors and replacement windows to create an appealing living environment. Additional highlights include a fenced-in yard and off-street parking, further enhancing tenant desirability. Existing updates provide a solid foundation for immediate occupancy, with opportunities for value-add improvements to maximize returns. Situated along the vibrant Hope Street corridor, tenants will enjoy walkable access to caf s, restaurants, and neighborhood retail supporting strong rent potential and retention. This property offers both immediate cash flow potential and long-term upside in a blue-chip East Side location.
MLS® Number1406750
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1875
BasementExterior Entry, Full, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

May 12, 2026List Date
$899,000List Price
  • Commute

Commute

Starting Address
Destination Address
87 Hope St, Providence, RI

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