Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
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 2 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 Mott & Chace Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.  IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing©2026 State-Wide MLS, Inc. All rights reserved.

Data last updated 3:44 AM UTC, 11/8/2026.

Powered by Luxury Presence