USARIProvidenceSmith Hill23 Richter St
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23 Richter St, Providence, RI

House

For Sale

Listed price in listed location currency (USD).
$629,900

632

MLS® 73470813

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3198 sqft
Garage No
Taxes $7,825
Days Active 12
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $196
MLS® Number 73470813

Property Address: 23 Richter St, Providence, RI, 02908-4303

Average square foot calculated using Size range provided by listing agent.

Description

Well-Maintained Three-Family Investment Property with Upside PotentialThis solidly performing multi-family property features 6 bedrooms and 3 full baths across three units, offering strong and stable income potential. Currently generating $4, 500/month in rent, the units are priced below market, allowing immediate value-add opportunities through rent adjustments.Two units include in-unit washer and dryer, increasing tenant appeal and supporting strong retention. Tenancies are primarily month-to-month, with one lease in place through May 2026, providing both flexibility and stability for investors.Recent upgrades include: Roof and porch upgrades, new heating system for 3rd floorLocated within walking distance of the Providence VA Medical Center, and close to Aldi, local colleges and universities, major commuter routes, and TF Green Airport, this property is ideally situated in a high-demand rental area.Perfect for investors seeking stable cash flow.
MLS® Number73470813
Laundry Level
Central VacNo
FireplaceNo
Acreage0
Exterior
GarageNo
Approx. Age1930
BasementUnfinished
DrivewayOff Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 22, 2026List Date
$629,900List Price
  • Commute

Commute

Starting Address
Destination Address
23 Richter St, Providence, RI

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