54 Candace St, Providence, RI, 02908
About This Home
Turnkey owner-occupant opportunity in the heart of Providence! This well-maintained 3-family property at 54 Candace Ave offers the perfect blend of income and flexibility for a first-time homebuyer or an investor! Each unit features 2 bedrooms and 1 full bath, providing a total of 6 beds and 3 baths across the property. Unit 1 is currently rented at $1,700/month, giving you immediate income, while Units 2 & 3 are vacant—ideal for an owner occupant to move right in and offset their mortgage with rental income. Enjoy the convenience of off-street parking for up to 6 vehicles, a rare find in the area. Whether you're looking to house hack, build equity, or start your investment portfolio, this property checks all the boxes. Located close to local amenities, highways, and everything Providence has to offer, this is a smart move for buyers looking to get ahead in today’s market. Don’t miss your chance to own a multi-family and let your tenants help pay your mortgage!
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Mixed
- Construction materials: Plaster,Other Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Oven/Range,Refrigerator
- Laundry features: In Building
Basement
- Has basement: Yes
- Basement: Full,Interior and Exterior,Unfinished
Bathroom
- Features: Bath w Tub & Shower
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Wall (Plaster),Plumbing (Mixed),Insulation (Unknown)
- Flooring: Hardwood,Laminate,Vinyl
- Fireplace features: None
Heating & Cooling
- Heating features: Natural Gas,Baseboard,Forced Water
- Cooling features: None
Interior Area
- Total structure area: 2,337
- Total interior livable area: 2,337 sqft
Property
Details
- Parcel number: PROVM69L548
- Attached to another structure: Yes
Features
- Stories: 3
Lot
- Lot size: 3,049 sqft
Parking
- Total spaces: 6
- 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
- Cold Wave
- 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 | $2,831 | $33,972 |
| Home Insurance * | $302 | $3,624 |
| Property Taxes | $628 | $7,536 |
| Electricity | $475 | $5,711 |
| Total | $4,236 | $50,832 |
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 |
|---|---|---|
| 2026-04-29 | Listed for sale | $599,900 |
| 2023-09-08 | Listing removed | -- |
| 2023-08-17 | Listed for sale | $549,900 |
| 2021-10-07 | Listing removed | -- |
| 2021-08-31 | Contingent | $339,900 |
| 2021-07-28 | Price change | $339,900 |
| 2021-06-28 | Listed for sale | $349,900 |
| 2016-02-01 | Sold | $112,000 |
| 2015-11-18 | Listed for sale | $115,000 |
| 2015-07-27 | Listing removed | $595 |
| 2015-06-18 | Listed for rent | $595 |
| 2015-04-11 | Listing removed | $575 |
| 2015-04-03 | Listed for rent | $575 |
View on Zillow