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$ 1,500,000
Est. payment /mo
New
67 Ridge St Providence, RI 02909
11 Beds
6 Baths
5,653 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,653 sqft
Price per Sqft $265
MLS Listing ID 73578837
Bedrooms 11
Full Baths 6
Year Built 1953
Annual Tax Amount $14,948
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type 3 Family
Property Description
Former convent with maintenance-free brick exterior, reimagined into a documented income-producing property across three floors. Eleven bedrooms and six baths span a layout built for shared occupancy: each floor centers on a common area, with an ensuite plus additional bedrooms sharing a bath and kitchen. That structure suits group home operators, sober-living or transitional housing, student housing, and institutional buyers, as well as conventional investors. A finished lower level adds five rooms, a bath, and coin-op laundry — future expansion potential once brought into egress compliance, not part of the current bedroom count.**Documented annual income runs $174,960, spanning long-term tenancy and an active Airbnb/Cloudbeds short-term rental operation. Sold fully furnished, running near a 7.5% cap rate at the current ask.**Heart of Federal Hill, walking distance to Atwells Avenue's dining and shops, ample parking, close to downtown Providence and the train.
Location
State RI
County Providence
Direction MAPQUEST
Rooms
Basement Full, Partially Finished
Interior
Flooring Laminate
Exterior
Community Features Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Marina, Public School
Total Parking Spaces 8
Garage No
Building
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Westcott Properties