593 Broad Street Providence

$610,000
6 2 6,375 sq ft

The Property

Classic Victorian charm meets modern efficiency in this Vintage 2-family home, strategically located in Providence’s Elmwood neighborhood. Spanning over 3,600 sq ft, this property combines timeless architectural details with high-demand updates—fully remodeled kitchens and baths, gleaming hardwood floors, and essential system upgrades including a newer roof, updated plumbing, electrical, and separate utilities.

Already generating consistent rental income with strong monthly cash flow, this is a turnkey investment with the upside potential investors seek. Its zoning flexibility further expands possibilities—whether you hold as a cash-flowing multifamily, convert to professional office space, or position for long-term appreciation in one of Providence’s fastest-evolving districts.

With its blend of Classic design, Vintage appeal, and modern infrastructure—plus the rare advantage of being listed below appraised value—this property is a strategic acquisition for investors looking to maximize return and capitalize on growth.

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Listing Details

MLS Number

1392122

Lot Size:

0.11 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Laundry, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Natural Gas, Baseboard, Forced Air
  • Heating Fuel: Natural Gas, Baseboard, Forced Air
  • Laundry
  • Corner Lot
  • Year Built: 1900

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Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today282-91.7% decrease in inventory
    New on Market *139-12.6% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$310.99$15 increase in List Price/Sq.Ft.
    Avg. Sale Price *$654,924$86,577 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.21%-6.1% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$307.99$5 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *666 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Compass

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