23 Whitehall, Providence, RI 02909
23 Whitehall, Providence, RI 02909
23 Whitehall, Providence, RI 02909
7
See all 7 photos
$999,000
Est. payment /mo
Save
8 Beds
7 Baths
4,589 SqFt
Active

23 Whitehall Providence, RI 02909

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Molly Smith

Molly Smith

+1(508) 980-9042

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,589 sqft

Price per Sqft $217

MLS Listing ID 73508855

Bedrooms 8

Full Baths 7

Year Built 1900

Annual Tax Amount $12,324

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type 5-9 Family

Property Description

Turnkey 7-unit compound with significant upside in a strong Providence rental market. The asset consists of a 6-unit main building featuring (6) one-bed, one-bath units with gas baseboard heat, plus a detached ~989 SF cottage offering a 2-bed, 1-bath layout with electric baseboard heat. Ownership has completed all major capital improvements, including upgraded boilers and hot water systems, minimizing near-term capex. The property is professionally managed and benefits from tenant-paid utilities, creating an efficient and predictable expense structure. Off-street parking adds to tenant appeal and retention. Current gross income is $98,448, with a pro forma of $111,600, driven by below-market rents, presenting a clear and immediate value-add opportunity. This is a stabilized, income-producing asset with operational upside—ideal for investors seeking strong in-place cash flow with the ability to increase yield through rent growth.

Location

State RI

County Providence

Zoning R3

Direction Take I-95 to Broad St exit, follow to Whitehall St, 23 Whitehall St Providence.

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Flooring Tile

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks

Roof Type Rubber,Asphalt/Composition Shingles

Total Parking Spaces 4

Garage No

Building

Lot Description Sloped

Story 3

Foundation Block, Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by BOND BROKERAGE

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Molly Smith

Molly Smith

Agent

+1(508) 980-9042

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Molly Smith, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

23 Whitehall

QUICK SEARCH
There are 27 quick searches