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$999,000

For Sale

4 hours ago

23 Whitehall, Providence, RI

House

MLS® 73508855

8 Bed

7 Bath

4589 sqft

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4589 sqft
Garage 
Taxes $12,324
Days Active 0
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $217
MLS® Number 73508855

Property Address: 23 Whitehall, Providence, RI, 02909

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

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.
MLS® Number73508855
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull, Interior Entry, Unfinished
DrivewayOff Street, Tandem, Common
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$999,000List Price
  • Commute

Commute

Starting Address
Destination Address
23 Whitehall, Providence, RI

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