USARIProvidenceWest Side, Federal Hill98 Penn St
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98 Penn St, Providence, RI

Real Estate

Sold

Listed price in listed location currency (USD).
$1,660,000
$1,800,000

006

MLS® 1387000

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $2,024
Approx. Age 1920
MLS® Number 1387000

Property Address: 98 Penn St, Providence, RI, 02909-1361

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

Description

Prime Multi-Family Investment Opportunity 98, 100, & 102 Penn Street, Providence, RI An exceptional investment opportunity on Providence's sought-after West Side, this portfolio consists of three adjacent multi-family properties, offering strong income potential, ease of management, & future condo conversion possibilities. **98 Penn Street is a well-maintained three-family home featuring three two-bedroom, one-bath units with hardwood floors, architectural details, & updated mechanicals. Long-term tenancy has kept rents below market, creating immediate value-add potential.**100 Penn Street is a newer construction two-family home with immaculate, modern units featuring spacious layouts & contemporary finishes. A low-maintenance investment with strong rental appeal, this property offers turn-key efficiency.** 102 Penn Street is a large three-family property featuring two three-bedroom, one-bath units & one two-bedroom, one-bath unit. The building has a maintenance-free exterior, updated interiors, & ample off-street parking. ** With long-term occupancy, below-market rents, & strong appreciation potential, these properties generate immediate cash flow with significant upside. Conveniently located between Atwells Avenue & Broadway, tenants benefit from easy access to downtown Providence, the East Side, hospitals, highways, & the train station. **A rare opportunity to acquire a well-positioned, income-producing portfolio in one of Providence's most vibrant neighborhoods.
MLS® Number1387000
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area, In Unit
Exposure
Exterior
GarageNo
Approx. Age1920
Stories0
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Jan 14, 2026End Date
$1,660,000Sold Price

Sold

Jun 6, 2025List Date
$1,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
98 Penn St, Providence, RI

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