87 Hope Street, Providence, RI 02906

Providence
Local realty services provided by:ERA Empire Real Estate
87 Hope Street,Providence, RI 02906
$899,000
  • 7 Beds
  • 3 Baths
  • 3,421 sq. ft.
  • Multi-family
  • Active
Listed by: kira greene
Office: compass
MLS#:1406750
Source:RI_STATEWIDE

Price summary

  • Price:$899,000
  • Price per sq. ft.:$262.79

About this home

Positioned in one of the East Side's most desirable and consistently high-demand rental corridors, 87 Hope Street presents a compelling opportunity for investors seeking stable income and long-term appreciation. This legal two-family property with an additional in-law apartment on the third floor offers excellent flexibility and income potential. Close proximity to Brown University, RISD, Miriam Hospital, and downtown Providence, drives strong, year-round tenant demand. The building features a versatile layout ideal for rental optimization, whether configured for multi-family income, student housing, or premium long-term tenants. Classic architectural details, including high ceilings, original moldings, and hardwood floors combine with bright interiors and replacement windows to create an appealing living environment. Additional highlights include a fenced-in yard and off-street parking, further enhancing tenant desirability. Existing updates provide a solid foundation for immediate...

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Home facts

  • Year built:1875
  • Listing ID #:1406750
  • Added:2 day(s) ago
  • Updated:May 14, 2026 at 02:00 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:16
  • Flooring:Ceramic Tile, Hardwood
  • Bathrooms Description:Tub Shower
  • Basement:Yes
  • Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
  • Living area:3,421 sq. ft.

Heating and cooling

  • Heating:Gas, Steam

Structure and exterior

  • Year built:1875
  • Building area:3,421 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Clapboard, Drywall, Plaster, Wood Siding
  • Foundation Description:Combination

Utilities

  • Water:Connected, Public
  • Sewer:Connected, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$899,000
  • Price per sq. ft.:$262.79
  • Tax amount:$7,152 (2025)

Features and amenities

  • Laundry features:Common Area
  • Amenities:Gas Water Heater

Parking

  • Total parking spaces:4
  • Parking description:No Garage
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 Empire Real Estate 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 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: May 14, 2026

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