Skip To Content

188 Waterman Avenue

East Providence, RI 02914
  • $679,900
  • STATUS: Pending
  • ON SITE: 25 Days
  • MLS #: 1406811
Pending
UPDATED: 171 min ago
$679,900
  • 5
    BEDS
  • 0.15
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,620
    SQFT
  • $147
    $/SQFT
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Description

This fully occupied 4-unit property offers the perfect balance of immediate cash flow and future upside, located just minutes from Providence's East Side via the Henderson Bridge. The building features two updated units and two first-floor units need LTC to maximize value, all supported by a brand-new heating system. With a spacious backyard and a prime commuter location, this is an ideal opportunity for an investor or owner-occupant looking to build equity in a high-demand market.

Monthly Payment Calculator



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-11T23:37:37.65.
www.lavonnelopes.com/homes/174189918
Print Image

188 Waterman Avenue East Providence, RI 02914

  • Price: $679,900
  • Status: Pending
  • On Site: 25 Days
  • Updated: 171 min ago
  • MLS #: 1406811
5
Beds
5
Baths
0
½ Baths
0.15
Acres
4,620
SQFT
$147
$/SQFT
1926
Built
County:
Providence
Area:
East Providence
Property Description
This fully occupied 4-unit property offers the perfect balance of immediate cash flow and future upside, located just minutes from Providence's East Side via the Henderson Bridge. The building features two updated units and two first-floor units need LTC to maximize value, all supported by a brand-new heating system. With a spacious backyard and a prime commuter location, this is an ideal opportunity for an investor or owner-occupant looking to build equity in a high-demand market.
Exterior Features

Architectural Style Stacked Side By Side Construction Materials Drywall Shingle Siding Covered Spaces 0 Garage YN No Parking Features No Garage Parking Total 2

Interior Features

Appliances Gas Water Heater Basement Exterior Entry Full Interior Entry Unfinished Basement YN Yes Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Hardwood Other Vinyl Heating Baseboard Gas Heating YN Yes

Property Features

Electric 100 Amp Service Human Modified YN Yes Land Lease YN No New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 6094 Tax Assessed Value 466600 Tax Lot 205 Tax Year 2025 Water Source Public

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Coastline Realty LLC: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-11T23:37:37.65.
 
https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_2_1406811-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_2_1406811-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_2_1406811-2.jpg
Logo
The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886