Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

23 Richter

Providence, RI ID #73470813

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23 Richter

- Providence, RI ID #73470813

Property 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.

Additional Details

  • Status: ACT
  • Type: Single Family, Single Family Residence
  • Zip Code: 02908
  • Taxes: 7,825
  • Levels: Multi/Split

Parking

  • Garage Capacity: 2
  • Parking: Off Street
  • Parking Spaces: 2

Rooms/Dimensions

  • Total Rooms: 18

Location

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23 Richter, Providence, RI

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Aleece Silva of eXp Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.