23 Richter Street, Providence, RI 02908

Local realty services provided by:ERA Key Realty Services
23 Richter Street,Providence, RI 02908
$648,900
Virtual Tour
  • 6 Beds
  • 3 Baths
  • 3,198 sq. ft.
  • Multi-family
  • Active
Listed by: aleece silva
Office: century 21 limitless
MLS#:1400368
Source:RI_STATEWIDE

Price summary

  • Price:$648,900
  • Price per sq. ft.:$202.91

About this home

Well-positioned three-family investment property in the highly desirable Smith Hill neighborhood of Providence. The building consists of three spacious 2-bedroom, 1-bath units, each offering a classic double-parlor layout paired with the modern convenience of in-unit laundry—a proven driver of tenant retention and rent stability. The second and third-floor units feature private front porches, adding desirable outdoor living space tenants value. A small, low-maintenance yard enhances appeal while helping keep operating expenses low. The property is well maintained and fully occupied by long-term, reliable tenants, providing immediate, predictable cash flow from day one. Recent improvements reduce near-term capital expenditure risk. Additionally, FREE municipal garbage and recycling removal provided by the City of Providence helps further minimize ongoing operating costs—supporting a stronger net operating income. Ideally located near downtown Providence, major hospitals,

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Home facts

  • Year built:1930
  • Listing ID #:1400368
  • Added:83 day(s) ago
  • Updated:December 24, 2025 at 02:54 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,198 sq. ft.

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Year built:1930
  • Building area:3,198 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Water:Public
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$648,900
  • Price per sq. ft.:$202.91
  • Tax amount:$7,825 (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: December 24, 2025

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