58 Central Avenue, East Providence, RI 02914
Local realty services provided by:ERA Key Realty Services
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)
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