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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.

©2026 State-Wide MLS, Inc. All rights reserved.

Data last updated 4:58 AM UTC, 10/28/2026.

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