$725,000

186 Federal Street, Providence, RI 02903

9 beds |
3 baths |
3,288 sqft

Multi-Family Home
Built in 1910
2,178sqft lot
—— car garage
$220/sqft
Listed 10 days ago

Property Description

Discover the potential of this spacious three-family property, offering outstanding versatility and strong investment appeal in a prime West Side location just steps from vibrant Federal Hill. Each unit features generous living space with an eat-in kitchen, three bedrooms, and one full bathroom, ideal for solid rental income or multi-generational living. The home highlights hardwood and ceramic flooring along with recently updated kitchens and baths, ensuring durability and low-maintenance comfort for both owners and tenants. A full basement provides valuable storage and common laundry facilities for everyday convenience, while vinyl siding supports long-term, cost-effective ownership. The manageable lot includes off-street parking, an essential bonus in this high-demand area. With its size, layout, and condition, this property represents a rare opportunity for investors seeking stable returns in one of Providence’s most desirable and dynamic neighborhoods. Located in the heart of Providence's vibrant West Side and just steps away from Federal Hill’s acclaimed restaurants and shops. This property is the perfect addition to your Providence real estate portfolio.

Listing Status:: Active
Date Added:: October 27, 2025 at 05:00AM
Listing Office:: Compass : 401-274-1644
MLS ID:: 1398743

General: Interior StepsTub Shower
Appliances: DishwasherElectric Water HeaterOvenRangeRefrigeratorRange HoodWater Heater
Laundry: Common Area
Basement: FullInterior EntryUnfinished
Flooring: Ceramic TileHardwood
A/C: None
Heating: BaseboardGasHot Water
Fireplace: Fireplaces: 0

Parking: No GarageParking spaces: 2

General: DrywallVinyl Siding3Brick/MortarConcrete Perimeter

Originating MLS: RIS_RIS
County: Providence

Zoning: 186FEDERALSTPROV

Utilities: Sewer Connected100 Amp ServiceCircuit BreakersSeparate Meters
Water: ConnectedPublic
Sewer: ConnectedPublic Sewer

Source: RIS_RIS

This listing courtesy of Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Carl G. Lauro Elementary School

99 Kenyon St, Providence, RI, 02903

Grades KG-5

0.09 miles away

West Broadway Middle School

29 Bainbridge Ave, Providence, RI, 02909

Grades 5-8

0.52 miles away

Providence Career Technical

41 Fricker St, Providence, RI, 02903

Grades 9-12

0.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.