New ListingA rare four-unit opportunity ideally located in the heart of Wayland Square on Providence's desirable East Side. The property is currently fully rented and offers an attractive combination of immediate income and future owner-occupancy potential. The spacious first apartment features approximately 1,100 square feet with two bedrooms, one full bath and four separate entry doors. The second apartment is a studio, while the third and fourth apartments each offer one bedroom and one bath. Additional features include vinyl replacement windows, stainless-steel appliances and two off-street parking spaces. Continue operating the property as a fully occupied investment or explore the opportunity to occupy the larger first-floor apartment while collecting income from the remaining three units. Its highly walkable Wayland Square location places shops, cafés, restaurants and neighborhood conveniences close at hand. The individual apartments may also offer short-term-rental potential, subject to applicable Providence regulations, licensing and approvals. Don't miss this one!
| MLS # | 1421784 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2025 |
| Days On Site | 2 |
| Listing Provided By | William Raveis Inspire | Gregory Hall |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 3 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.05 |
| Rooms Total | 12 |
|---|---|
| Heating | Natural Gas, Baseboard, Forced Water, Gas Connected |
| Heating Yes / No | Yes |
| Cooling | Window Unit(s) |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Dryer, Disposal, Oven, Range, Refrigerator, Washer, Gas Water Heater |
| Interior Features | Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown) |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
| Fireplace Features | Brick |
| Laundry Features | Common Area, In Building |
| Foundation Details | Brick/Mortar |
|---|---|
| Lot Features | Paved Driveway, Sidewalks |
| Community Features | Bus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
| Construction Materials | Dry Wall, Plaster, Clapboard |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | No Garage |
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Sewer | In Fee, Public Sewer |
| Electric | 150 Amp Service |
| Community Features | Bus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
|---|
| Tax Annual Amount | 13601 |
|---|---|
| Tax Assessed Value | 971500 |
| Tax Lot | 1st 5 |
| Tax Year | 2025 |
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02906 |
| Area | Providence |
| Community Name | Wayland |
| Listing VS Median (in Wayland) | |
Price: $1,195,000 low | high Med: $975,000 sqft: 3,500 low | high Med: 2,184 $ / sqft: $341 low | high Med: $446 On site: 2 low | high Med: 78 | |
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02906 |
| Area | Providence |
| Community Name | Wayland |
| Listing VS Median (in Wayland) | |
Price: $1,195,000 low | high Med: $975,000 sqft: 3,500 low | high Med: 2,184 $ / sqft: $341 low | high Med: $446 On site: 2 low | high Med: 78 | |