171 Reynolds Avenue, Providence, RI 02905
Local realty services provided by:Empire Real Estate Group ERA Powered
171 Reynolds Avenue,Providence, RI 02905
$850,000
- 15 Beds
- 5 Baths
- 7,500 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Fri, Oct 1011:00 am - 01:00 pm
- Sat, Oct 1111:00 am - 01:00 pm
Listed by:jason saphire
Office:www.homezu.com
MLS#:1397097
Source:RI_STATEWIDE
Price summary
- Price:$850,000
- Price per sq. ft.:$113.33
About this home
Cash cow investment property for sale!
This property has four units with a washer and dryer in EACH unit (washers and dryers in unit added in 2024).
Unit 1 - 4 bedroom 1 bathroom unit, currently rented at $2,000 per month, tenant pays for all utilities
Unit 2 - 4 bedroom 1 bathroom unit, currently rented at $2,000 per month for only one person in the unit, and was previously rented at $2,500 per month for multiple people in the unit, tenant pays for all utilities
Unit 3 - 3 bedroom 1 bathroom unit, currently vacant as a tenant for this unit recently moved out, was rented previous for $1,800 per month with the landlord paying for electricity and the tenant paying for gas and all other utilities
Unit 4 - 4 bedroom 1.5 bathroom unit, currently rented at $2,200 per month, landlord pays for electricity, and tenant pays for all other utilities, renovated in 2024 with new Lifeproof flooring, granite countertops, new lighting, etc.
Basement - unfinished with a full bathroom in the basement, full height basement
As of May 2025, the total rent for the building with all of the units rented was $8,400
The property includes stacked parking that can fit 3 to 4 cars, a small fenced in area towards the back of the house, solar exterior lights, new vinyl siding, a newer roof, and several newer appliances in the units. Please reach out if you are interested in scheduling a tour of the property. Thanks!
Contact an agent
Home facts
- Year built:1922
- Listing ID #:1397097
- Added:1 day(s) ago
- Updated:October 07, 2025 at 01:54 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:7,500 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Baseboard, Electric, Gas, Radiant
Structure and exterior
- Year built:1922
- Building area:7,500 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Connected, Public
- Sewer:Connected, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$113.33
- Tax amount:$8,001 (2024)
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