$4,050,000

57 Pembroke Avenue, Providence, RI 02908

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Unlock a lucrative investment opportunity in the heart of Providence! This exceptional multi-family rental portfolio features 5 separate properties totaling 15 units. Strategically located in the heart of three prestigious colleges - Providence College, Johnson and Wales University, and Rhode Island College - making it a magnet for student and faculty tenants. Each property in this portfolio has undergone extensive renovations, boasting modern upgrades and top-of-the-line mechanical systems, including roofs, porches plumbing and electrical. With sleek interiors, energy-efficient designs, turnkey condition, and ample off the street parking these units are primed for long term occupancy and value appreciation. Capitalize on strong rental demand, consistent cash flow, and proximity to vibrant academic and cultural hubs.

Listing Status:
Active
Date Added:
May 19, 2025 at 05:00AM
Listing Office:
Keller Williams Coastal : 401-845-9200
MLS ID:
1385418
  • Parking: Parking spaces: 25

This listing courtesy of Keller Williams Coastal

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

0.25 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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