58 Central Avenue, East Providence, RI 02914

Local realty services provided by:ERA Key Realty Services
58 Central Avenue,East Providence, RI 02914
$619,900
  • 3 Beds
  • 3 Baths
  • 2,274 sq. ft.
  • Multi-family
  • Active
Listed by:manny menezes
Office:realty new england
MLS#:1395819
Source:RI_STATEWIDE

Price summary

  • Price:$619,900
  • Price per sq. ft.:$272.6

About this home

Beautifully updated and remodeled, this income-producing 3-unit building offers a rare opportunity for investors or owner-occupants. Currently generating over $50,000 in annual income, this property is a turn-key investment with the added bonus of a possible buildable lot ideal for future expansion or potential subdivision. Each unit features one bedroom, attracting long-term tenants and ensuring low-maintenance management. Over the past 10 20 years, the property has undergone comprehensive renovations, including updates to the roof, siding, windows, and heating systems, providing peace of mind for years to come. The property also boasts ample parking and a spacious yard for tenant enjoyment. Conveniently located near the East Side of Providence and major highways (Routes 95, 195, and 6), this is a rare find with strong cash flow and tremendous upside potential for a savvy buyer.

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Home facts

  • Year built:1920
  • Listing ID #:1395819
  • Added:4 day(s) ago
  • Updated:September 27, 2025 at 03:50 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,274 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Gas

Structure and exterior

  • Year built:1920
  • Building area:2,274 sq. ft.
  • Lot area:0.26 Acres

Utilities

  • Water:Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$619,900
  • Price per sq. ft.:$272.6
  • Tax amount:$5,830 (2025)
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Key Realty Services are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: September 27, 2025