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83 Terrace Avenue, Providence, RI 02909

Providence
Local realty services provided by:CENTURY 21 North East
83 Terrace Avenue,Providence, RI 02909
$579,000
  • 5 Beds
  • 3 Baths
  • 2,964 sq. ft.
  • Multi-family
  • Pending
Listed by: devon urena
Office: smith and oak real estate co.
MLS#:1421951
Source:RI_STATEWIDE

Price summary

  • Price:$579,000
  • Price per sq. ft.:$195.34

About this home

Silver Lake 3-Family Investor or Owner-Occupant Opportunity. Three units in one of Providence's steadiest rental pockets. The setup is a 1-bedroom first-floor unit plus two 2-bedroom apartments on the second and third floors, with an attached 2-car garage and off-street parking. Live in one and let the other two carry you, or drop it straight into your portfolio. Projected $72,000 in annual rental income once all units are rented at market rate. All tenants are currently month-to-month. Strong in-place and market rents, Section 8 friendly, and a location that stays rented. Whether you're house-hacking your first multi or adding to a growing portfolio, this is a turnkey three-unit in a neighborhood that holds its demand. Schedule your showing today.

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Home facts

  • Year built:1900
  • Subdivision & Development:Silver Lake
  • Listing ID #:1421951
  • Added:52 day(s) ago
  • Updated:October 23, 2026 at 05:01 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • Flooring:Hardwood, Laminate
  • Bathrooms Description:Tub Shower
  • Basement:Yes
  • Living area:2,964 sq. ft.

Heating and cooling

  • Cooling:Wall Units
  • Heating:Baseboard, Gas

Structure and exterior

  • Year built:1900
  • Building area:2,964 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Drywall, Masonry, Shingle Siding, Vinyl Siding
  • Exterior Features:Patio, Porch

Utilities

  • Water:Connected, Public
  • Sewer:Connected, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$579,000
  • Price per sq. ft.:$195.34
  • Tax amount:$4,014 (2026)

Features and amenities

  • Amenities:Gas Water Heater, Water Heater

Parking

  • Total parking spaces:2
  • Parking description:Attached, Garage
  • Garage:Yes
  • Garage spaces:2
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than CENTURY 21 North East are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: October 23, 2026 RI_STATEWIDE Member Broker: Jim D’Amico

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