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75-79 Laban St, Providence, RI, 02909

5beds
3baths
2,302sqft
$574,900
$250price/sqft
$4,290/moest. monthly cost
$171,600/yrincome needed

About This Home

Excellent opportunity to add a solid income-producing asset to your portfolio. Located in Providence’s Silver Lake neighborhood, this well-maintained three-family property features two 2-bedroom units and one 1-bedroom unit, offering a desirable unit mix with strong rental appeal. Separate utilities allow tenants to pay their own heat and electricity helping to minimize owner expenses while maximizing cash flow. The property offers stable rental income and presents an excellent opportunity for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Conveniently located just minutes from downtown Providence with easy access to Routes 6 and 10, the property is also close to shopping, restaurants, public transportation, and the expansive Neutaconkanut Park with its walking trails, recreation areas, and scenic city views. Whether you’re looking to expand your investment portfolio or purchase a multifamily in a centrally located Providence neighborhood, this property offers strong income potential and long-term value. Reach out to schedule a showing today!

Getting Around

81
WalkingVery Walkable
43
TransitSome Transit
62
BikeBikeable

Schools

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Brick/Mortar,Mixed
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: Off Site

Basement

  • Has basement: Yes
  • Basement: Full,Interior and Exterior,Unfinished

Bathroom

  • Features: Bath w Tub & Shower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Plumbing (Mixed)
  • Flooring: Hardwood,Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas,Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 2,302
  • Total interior livable area: 2,302 sqft

Property

Details

  • Attached to another structure: Yes
  • Zoning: R-3

Features

  • Stories: 3

Lot

  • Lot size: 2,199 sqft

Parking

  • Parking features: No Garage