$850,000

171 Reynolds Avenue, Providence, RI 02905

  • 15 beds |
  • 5 baths |
  • 5,772 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon3,202sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $147/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Exceptional investment property for sale! This property has 3 legal units with a fully finished fourth floor with its own entrance if desired and with a washer and dryer in EACH unit (washers and dryers in unit added in 2024). Unit 1 - 4 bedroom 1 bathroom unit, currently rented at $2,000 per month, tenant pays for all utilities Unit 2 - 4 bedroom 1 bathroom unit, currently rented at $2,000 per month for only one person in the unit, and was previously rented at $2,500 per month for multiple people in the unit, tenant pays for all utilities Unit 3 - 3 bedroom 1 bathroom unit, currently vacant as a tenant for this unit recently moved out, was rented previously for $1,800 per month with the landlord paying for electricity and the tenant paying for gas and all other utilities Fourth floor - 4 bedroom 1.5 bathroom unit, currently rented at $2,200 per month, landlord pays for electricity, and tenant pays for all other utilities, renovated in 2024 with new Lifeproof flooring, granite countertops, new lighting, etc. Basement - unfinished basement, full height basement As of May 2025, the total rent for the building with all of the units rented was $8,400 The property includes stacked parking that can fit 3 to 4 cars, a small fenced in area towards the back of the house, solar exterior lights, new vinyl siding, a newer roof, and several newer appliances in the units. Please reach out if you are interested in scheduling a tour of the property. Thanks!

Listing Status:
Active
Date Added:
October 6, 2025
Data Last Updated:
April 5, 2026 at 2:16PM
Listing Office:
www.HomeZu.com : 877-249-5478
MLS ID:
1397097
  • General: AtticInterior StepsPermanent Attic Stairs
  • Appliances: DryerMicrowaveOvenRangeRefrigeratorRange HoodWater HeaterWasher
  • Laundry: In Unit
  • Basement: FullInterior EntryUnfinished
  • Flooring: HardwoodLaminateVinyl
  • A/C: Window Unit(s)
  • Heating: BaseboardElectricGasRadiant
  • Fireplace: Fireplaces: 0
  • Parking: No GarageParking spaces: 3
  • General: Vinyl Siding4Concrete Perimeter
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: 02 - 2-5171REYNOLDSAVPROV
  • Utilities: Sewer Connected100 Amp ServiceCircuit BreakersFuses220 Volts
  • Water: ConnectedPublic
  • Sewer: ConnectedPublic Sewer
  • Source: RIS_RIS

This listing courtesy of www.HomeZu.com

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

R

Robert L. Bailey Iv

65 Gordon Ave, Providence, RI, 02905

Grades KG-5

0.11 miles away

G

Gilbert Stuart Middle School

188 Princeton Ave, Providence, RI, 02907

Grades 6-8

0.48 miles away

3

360 High School

182 Thurbers Ave, Providence, RI, 02905

Grades 9-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.