31 Beds
16 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 4 days 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
- 31
- Bathrooms
- 16
- 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 Compass | Lila Delman 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 5:02 AM UTC, 10/30/2026.
