$475,000

54 Joslin Street, Providence, RI 02909

  • 4 beds |
  • 2 baths |
  • 1,250 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $380/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

An exceptional investment opportunity in the heart of Providence’s vibrant Olneyville neighborhood, 54 Joslin Street offers strong upside and rare land potential. This classic multi-family property provides flexible living arrangements well suited for owner-occupants or investors seeking steady rental income. The building is heated by a high-efficiency condensing boiler, offering modern energy performance and long-term operating savings. A standout feature of this offering is the large adjacent lot next door, an increasingly rare find in an urban setting. The additional land presents potential opportunities for expansion, additional parking, or future development, subject to buyer verification and due diligence regarding zoning and approvals. In a city where buildable land is limited, this neighboring parcel adds significant long-term value and versatility. Located in the Olneyville section of Providence, the property enjoys close proximity to Downtown, major highways, public transportation, and a growing mix of restaurants, shops, and cultural destinations. Olneyville’s ongoing revitalization and strong rental demand make this an attractive location for both immediate returns and future appreciation. A compelling opportunity to acquire a well-located multi-family property with energy-efficient systems and uncommon land potential. http://www.riserec.com/54joslin

Listing Status:
Pending
Date Added:
February 9, 2026
Data Last Updated:
March 4, 2026 at 7:15AM
Listing Office:
RISE REC : 401-308-3279
MLS ID:
1404113
  • General: Interior StepsTub Shower
  • Appliances: Gas Water Heater
  • Basement: Exterior EntryFullInterior EntryPartially Finished
  • Flooring: Ceramic TileHardwoodLaminate
  • A/C: None
  • Heating: Forced AirGas
  • Fireplace: Fireplaces: 0
  • Style: Stacked
  • Parking: No GarageParking spaces: 8
  • General: DrywallPlasterShingle SidingVinyl Siding2See Remarks
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: R254JOSLINSTPROV
  • Utilities: Sewer Connected100 Amp Service
  • Water: ConnectedPublic
  • Sewer: ConnectedPublic Sewer
  • Source: RIS_RIS

This listing courtesy of RISE REC

Monthly Payment

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

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Location

Schools Nearby

W

William D'Abate Elementary School

60 Kossuth St, Providence, RI, 02909

Grades KG-5

0.09 miles away

W

West Broadway Middle School

29 Bainbridge Ave, Providence, RI, 02909

Grades 5-8

0.66 miles away

M

Mount Pleasant High School

434 Mount Pleasant Ave, Providence, RI, 02908

Grades 9-12

1.20 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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