23 Richter, Providence, RI 02908

Providence
Local realty services provided by:Metropolitan Homes
23 Richter,Providence, RI 02908
$629,900
  • 6 Beds
  • 3 Baths
  • 3,198 sq. ft.
  • Single family
  • Active
Listed by: aleece silva, aleece silva
Office: exp realty
MLS#:73470813
Source:MLSPIN

Price summary

  • Price:$629,900
  • Price per sq. ft.:$196.97

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 #:73470813
  • Updated:March 11, 2026 at 10:53 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:18
  • Basement Description:Unfinished
  • Living area:3,198 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt/Composition Shingles
  • Year built:1930
  • Building area:3,198 sq. ft.
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$629,900
  • Price per sq. ft.:$196.97
  • Tax amount:$7,824 (2025)

Parking

  • Total parking spaces:2
  • Parking description:Off Street
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