93 Naples Avenue

Providence RI 02908

2148 sq. ft.

3049 sq. ft.

Multi-Family

Last sold for $600,000

Addy Sirypannho, last sold this property on 31 July 2025 after 57 days on market.

Overview

Location, location, location! This multifamily property is located in the Elmhurst neighborhood of Providence, RI. It consists of two units, making it ideal for long-term tenants or seasonal rentals. This presents a fantastic opportunity for both investors and owner-occupants seeking rental income potential. Each unit features three bedrooms and one full bathroom. Additionally, there is potential for expansion in the walkout basement, as well as a two-car garage. The second floor has been freshly painted and boasts new granite countertops, a dishwasher, and a remodeled bathroom, while the first floor is well-maintained by the existing tenants. The property is conveniently located near local amenities and schools, including Providence College, Rhode Island College (RIC), and LaSalle Academy. Public transportation is just minutes away at the RIPTA bus stop on Smith Street, as well as major highways. The property is also close to all major hospitals, including the VA, downtown, state offices, the train station, and the city's shopping, dining, and entertainment options. This is a unique opportunity to invest in one of Providence's most desirable neighborhoods, offering character, cash flow, and convenience all in one.

Features

6 bedrooms

2 bathrooms

4 carspaces

2 garage spaces

2148 sq. ft. floor area

3049 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Providence over the last 12 months, the estimated median property value of 93 Naples Avenue is $600k.

Median value

$600k

Estimated value range

$355k - $820k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Providence. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.