$779,900

49 Pembroke Avenue, Providence, RI 02908

  • 9 beds |
  • 3 baths |
  • 4,032 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon3,999sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $193/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Owner occupants and investors take note. Walking distance to Providence College. Massive brick and vinyl sided 3 unit with 1344 sf per floor plus huge walk-up attic space with expansion possibilities, 2 car garage and off-street parking. Each spacious 6 room unit offers living room, dining room, eat-in kitchen, pantry, 3 bedrooms, remodeled bathrooms, in-unit laundry and large covered porches. While the 1st floor is currently occupied, owner occupant buyers can choose from the purposely left vacant and move-in ready 2nd or 3rd floor units, the latter of which is freshly painted with just refinished solid hardwood floors throughout. Investors will appreciate the low maintenance exterior and ease of renting these desirable units with separate utilities in this sought after location near colleges, hospitals, commuter bus to downtown Providence and easy highway access. Estimated investor Cap rate 8% at market rents for all 3 units

Listing Status:
Pending
Date Added:
October 17, 2025 at 05:00AM
Listing Office:
Patriot Realty, Inc. : 401-578-7898
MLS ID:
1397285
  • General: AtticPermanent Attic StairsStorageStall Shower
  • Appliances: Gas Water HeaterOvenRangeWater HeaterWasher
  • Laundry: In Unit
  • Basement: FullInterior EntryUnfinished
  • Flooring: HardwoodLaminate
  • A/C: None
  • Heating: CentralGas
  • Fireplace: Fireplaces: 0
  • General: Balcony
  • Parking: DetachedGarageParking spaces: 6
  • Windows: Thermal Windows
  • General: PlasterBrickMasonryVinyl Siding3
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: 2-54951PEMBROKEAVPROV
  • Utilities: Sewer ConnectedCircuit BreakersSeparate Meters
  • Water: Public
  • Sewer: ConnectedPublic Sewer
  • Source: RIS_RIS

This listing courtesy of Patriot Realty, Inc.

Monthly Payment

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

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Location

Schools Nearby

H

Harry Kizirian Elementary School

60 Camden Ave, Providence, RI, 02908

Grades KG-5

0.22 miles away

N

Nathanael Greene Middle School

721 Chalkstone Ave, Providence, RI, 02908

Grades 6-8

0.23 miles away

T

Times2 Middle/High School

50 Fillmore St, Providence, RI, 02908

Grades 7-12

0.43 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.

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