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171 Reynolds Avenue, Providence, RI 02905

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For Sale

$850,000

15 beds • 4 baths • 1 half baths • 5,772 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $147.26
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 1397097

Courtesy Of The Entry Only Listing Service of Rhode Island

(877) 249-5478

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Attic
  • Appliances
    Dryer, Microwave, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Hardwood, Laminate, Vinyl
  • Heating System
    Baseboard, Radiant
  • Lot Size
    0.07 Acres

Map and Directions

Directions to 171 Reynolds Avenue, Providence, RI 02905

Home seller CENTURY 21 Butterman & Kryston, Inc.

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.