53 - 55 School Street East Providence

$1,075,000
5,663 sq ft

The Property

Fantastic investment opportunity in East Providence! This well-maintained 6-unit property features all 2-bedroom, 1-bathroom units, each offering a modern design and functional layout that tenants love. The interiors are bright, well-kept, and provide comfortable living spaces with a clean, updated feel. Off-street parking is available for residents, adding convenience and value. Situated in a prime location, the property is just minutes from major highways, shopping, dining, and other everyday amenities, making it highly desirable for renters.

With strong rental demand in the area and a property that has been thoughtfully maintained, this is an ideal addition to any investor’s portfolio. Whether you’re expanding your holdings or starting in multi-family investment, this 6-unit offers both steady income potential and a fantastic location.

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Listing Details

MLS Number

1397804

Lot Size:

0.13 acres

Features

  • Urban
  • Year Built: 1920

Market Trends for Commercial Properties
in East Providence

  • Overview
    Homes for Sale Today22-86.7% decrease in inventory
    New on Market *2-60% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.94$205 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$262,500$262,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *77.51%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$79.97$80 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *139139 increase 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 Century 21 Limitless

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