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21 Russo Street

Providence, RI 02904
  • $705,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 1385158
UPDATED: 51 min ago
$705,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

21 Russo Street presents a solid investment opportunity in a strong rental market. This well-maintained 6-unit residential building consists of all 2-bedroom, 1-bathroom units, fully leased and generating over $8,000 per month in rental income. With 100% occupancy, the property offers dependable cash flow from day one, along with potential to increase rents and overall property value through strategic upgrades. Ideal for investors seeking a low-vacancy asset with upside potential. Located in a desirable area with stable tenant demand, 21 Russo Street is a smart addition to any portfolio. Can also be sold as a package with 65 Russo Street.

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[Rhode Island Statewide MLS] logo

© 2025 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: 2025-06-23T13:37:55.65.
www.lavonnelopes.com/homes/163841703
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21 Russo Street Providence, RI 02904

  • Price: $705,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 51 min ago
  • MLS #: 1385158
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1900
Built
County:
Providence
Area:
Providence
Property Description
21 Russo Street presents a solid investment opportunity in a strong rental market. This well-maintained 6-unit residential building consists of all 2-bedroom, 1-bathroom units, fully leased and generating over $8,000 per month in rental income. With 100% occupancy, the property offers dependable cash flow from day one, along with potential to increase rents and overall property value through strategic upgrades. Ideal for investors seeking a low-vacancy asset with upside potential. Located in a desirable area with stable tenant demand, 21 Russo Street is a smart addition to any portfolio. Can also be sold as a package with 65 Russo Street.
Exterior Features

Levels Three Or More Parking Total 0

Interior Features

Heating Steam Heating YN Yes

Property Features

Electric 200+ Amp Service Gross Income 97200 Human Modified YN No Land Lease YN No New Construction YN No Operating Expense 34380 Owner Pays Common Area Maintenance Exterior Maintenance Grounds Care Snow Removal Sewer Taxes Trash Collection Water Property Sub Type Commercial Road Surface Type Asphalt Sewer Connected Structure Type Apartment Tax Annual Amount 19880 Tax Assessed Value 566400 Tax Lot 22 Tax Year 2024 Tenant Pays Cable TV Electricity Gas Utilities Sewer Connected Water Source Connected

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of Keller Williams Leading Edge: .



[Rhode Island Statewide MLS] logo

© 2025 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: 2025-06-23T13:37:55.65.
 
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The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886