Skip To Content

57 Pembroke Avenue

Providence, RI 02908
  • $4,050,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 1385418
UPDATED: 60 min ago
$4,050,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1935
County:
Area:

School Ratings & Info

Description

Unlock a lucrative investment opportunity in the heart of Providence! This exceptional multi-family rental portfolio features 5 separate properties totaling 15 units. Strategically located in the heart of three prestigious colleges - Providence College, Johnson and Wales University, and Rhode Island College - making it a magnet for student and faculty tenants. Each property in this portfolio has undergone extensive renovations, boasting modern upgrades and top-of-the-line mechanical systems, including roofs, porches plumbing and electrical. With sleek interiors, energy-efficient designs, turnkey condition, and ample off the street parking these units are primed for long term occupancy and value appreciation. Capitalize on strong rental demand, consistent cash flow, and proximity to vibrant academic and cultural hubs.

Monthly Payment Calculator



[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/163973310
Print Image

57 Pembroke Avenue Providence, RI 02908

  • Price: $4,050,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 60 min ago
  • MLS #: 1385418
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1935
Built
County:
Providence
Area:
Providence
Property Description
Unlock a lucrative investment opportunity in the heart of Providence! This exceptional multi-family rental portfolio features 5 separate properties totaling 15 units. Strategically located in the heart of three prestigious colleges - Providence College, Johnson and Wales University, and Rhode Island College - making it a magnet for student and faculty tenants. Each property in this portfolio has undergone extensive renovations, boasting modern upgrades and top-of-the-line mechanical systems, including roofs, porches plumbing and electrical. With sleek interiors, energy-efficient designs, turnkey condition, and ample off the street parking these units are primed for long term occupancy and value appreciation. Capitalize on strong rental demand, consistent cash flow, and proximity to vibrant academic and cultural hubs.
Exterior Features

Construction Materials Other Parking Total 25

Property Features

Electric 100 Amp Service150 Amp Service Human Modified YN Yes Land Lease YN No New Construction YN No Property Sub Type Commercial Road Frontage Type City Street Sewer Public Sewer Tax Annual Amount 3226.78 Tax Assessed Value 455300 Tax Lot 160 Tax Year 2024

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



[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.
 
https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1385418-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1385418-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1385418-2.jpg
Logo
The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886