119 Elmwood Avenue,Providence, RI 02907
Providence, RI 02907
Description
Welcome to 119 Elmwood Avenue, a legal three-family property offering an excellent opportunity for both owner-occupants and investors. Whether you're a first-time homebuyer looking to begin building equity through real estate or an investor seeking to expand your portfolio, this multifamily offers flexibility and long-term potential. For an owner-occupant, this is an opportunity to live in one unit while generating rental income from the additional units to help offset monthly housing expenses. Investors can take advantage of three separate units and the property's established multifamily configuration. The property features spacious living areas, functional kitchens and baths, separate utilities, off-street parking, and additional basement storage. The units offer comfortable layouts with a combination of wood, tile, and updated flooring, along with opportunities for continued improvements and future value enhancement. Conveniently located near Downtown Providence, schools, shopping, restaurants, public transportation, and major highway access, the property provides easy connectivity to many of the amenities Providence has to offer. Whether you're looking to purchase your first multifamily, pursue an owner-occupied investment strategy, or add another income-producing property to your portfolio, 119 Elmwood Avenue is an opportunity worth exploring. Schedule your private showing today!
Details
| MLS # | 1423592 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 21 |
| Listing Provided By | Realpro By The Water | The Realpro Group |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,800 |
| Basement | Y |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.09 |
Interior
| Rooms Total | 13 |
|---|---|
| Heating | Natural Gas, Baseboard |
| Heating Yes / No | Yes |
| Cooling | None |
| Cooling Yes / No | No |
| Appliances | Gas Water Heater |
| Fireplaces Total | 0 |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | No Garage |
Utilities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Sewer | Public |
| Electric | 100 Amp Service |
Taxes
| Tax Annual Amount | 4130 |
|---|---|
| Tax Assessed Value | 547000 |
| Tax Lot | 402 |
| Tax Year | 2025 |
Area Information
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02907 |
| Area | Providence |
| Listing VS Median (in 02907) | |
Price: $739,999 low | high Med: $492,450 sqft: 3,800 low | high Med: 2,801 $ / sqft: $195 low | high Med: $182 On site: 21 low | high Med: 47.5 | |
Market Activity 02907
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Learn More About This Property
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02907 |
| Area | Providence |
| Listing VS Median (in 02907) | |
Price: $739,999 low | high Med: $492,450 sqft: 3,800 low | high Med: 2,801 $ / sqft: $195 low | high Med: $182 On site: 21 low | high Med: 47.5 | |
