12 Beds
4 Baths
13,216 sqft
$2,599,999
461 Elmwood Avenue, Providence RI, 02907
Price per sqft$196.73
Built in1930
Property size13,216 sqft
Property typeMulti-family
Overview
Active
Listed Oct 27, 2026
Updated 17h ago
RARE FIND!
Cash Flow Positive with 9% Cap Rate
16 Residential Units
Fully registered with Lead Certificates in place.
Gross annual rent of $329,000 with NOI of $235,000.
Renovated inside and out in 2024. New gas lines, electric upgrades, new hot water heaters and many
cosmetic updates.
Unit Mix - Five 3 bed / 1 bath. Three 2 bed / 1 bath. Five 1 bed / 1 bath. Three Studio / 1 bath.
Seller is licensed RE agent.
$17,298/mo
Est. mortgage payment based on a $2,599,999 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 1427053
Interior Features
- Bedrooms
- 12
- Bathrooms
- 4
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.13 Acres
Other Property Details
- Taxes
- $45,036
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of The Greene Realty Group, 888-278-5840
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Keller Williams South Watuppa are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Data last updated 4:58 AM UTC, 10/28/2026.