32-34 Richter St, Providence, RI, 02908
About This Home
Ideally situated in the desirable Smith Hill/Elmhurst neighborhood of Providence, this meticulously maintained three-family offers an outstanding opportunity for investors and owner-occupants alike. Each spacious unit features 2 bedrooms, 1 bathroom, beautiful hardwood floors, tasteful updates, and private decks — providing valuable outdoor living space that tenants will appreciate. Additional amenities include off-street parking for three vehicles, well-maintained heating systems, and a low-maintenance property designed for reliable, long-term income potential. Whether you’re expanding your real estate portfolio or offsetting your mortgage by occupying one unit while renting the others, this property offers exceptional versatility and lasting value. INVESTORS TAKE NOTICE: This property may be purchased as part of a larger package with neighboring properties, creating the opportunity to assemble up to a 12-unit investment portfolio.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Brick/Mortar,Concrete Perimeter,Mixed
- Construction materials: Dry Wall,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Oven/Range,Refrigerator
- Laundry features: Off Site
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Unfinished
Bathroom
- Features: Bath w Tub & Shower
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Wall (Dry Wall),Plumbing (Mixed),Insulation (Unknown)
- Flooring: Hardwood,Vinyl
- Fireplace features: None
- Attic: Attic Stairs
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: None,Window Unit(s)
Interior Area
- Total structure area: 3,366
- Total interior livable area: 2,970 sqft
Property
Details
- Parcel number: 3234RICHTERSTPROV
- Attached to another structure: Yes
Features
- Stories: 3
- Patio & porch: Deck,Porch
Lot
- Lot size: 3,201 sqft
- Features: Sidewalks
Parking
- Total spaces: 3
- Parking features: No Garage,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $323 | $3,876 |
| Property Taxes | $594 | $7,128 |
| Electricity | $604 | $7,258 |
| Total | $4,554 | $54,648 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-28 | Listed for sale | $599,900 |
View on Zillow