14 - 16 Phillips Street Providence

$900,000
5 3 3,016 sq ft

The Property

Fantastic three-family investment opportunity in Providence’s East Side, steps from Hope Street, Brown University, RISD, and the Observatory. This fire-code-compliant, well-maintained property offers zero vacancy history and strong rental potential with below-market rents—an opportunity for immediate upside.

Two spacious 2-bedroom, 1-bath units featuring double parlors, decorative fireplaces, and plenty of living space.

Top-floor 1-bedroom unit is light-filled and expansive, offering a unique and desirable layout.


Low-maintenance vinyl siding, coin-op laundry in basement, and recently serviced boilers.

Walk-out basement, dry year-round, just cleaned out and ready for new possibilities.

Large backyard with potential for additional parking or a shared patio.

With tenants on month-to-month leases, this is a prime opportunity to increase rental income in a highly sought-after location. Turnkey investment with room for value-add improvements.

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Listing Details

MLS Number

1379004

Lot Size:

0.11 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Laundry
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Porch
  • Heating: Natural Gas, Gas Connected
  • Heating Fuel: Natural Gas, Gas Connected
  • Garage: 1
  • Laundry
  • Paved Driveway
  • Sidewalks
  • Year Built: 1902

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Listed by Compass / Lila Delman Compass

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