555 Branch Avenue Providence

$599,000
6 3 3,592 sq ft

Map View Street View

The Property

INVESTOR’S DREAM OPPORTUNITY!

Unlock exceptional returns with this well-maintained three-family property in the heart of Providence, offering the perfect blend of location, rental demand, and long-term appreciation. Each floor features 2 generously sized bedrooms and 1 full bathroom (6 beds/3 baths total), hardwood floors, in-unit coin-operated laundry, and high-efficiency Navient heating systems, reducing expenses and maximizing profit.

Situated just minutes to Downtown Providence, a quick 30-minute commute to Boston, and surrounded by shops, schools, restaurants, hospitals, and public transit, this property sits in one of the most accessible and desirable rental corridors in the state.

The neighborhood is rapidly transforming with millions in development, including a $20M renovation of the Boys & Girls Club, projecting strong future appreciation and attracting high-quality tenants.


Additional features include dedicated parking for all units, strong rental history, and the flexibility for both hands-off investors and owner-occupants seeking income to offset their mortgage.

With limited multi-families available in today’s market, this property is priced aggressively for a fast sale and represents a rare opportunity to secure a cash-flowing asset in a high-growth community.

Don’t wait—demand is high and inventory is low. Schedule your showing today before this incredible value disappears!

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Listing Details

MLS Number

1399175

Lot Size:

0.06 acres

Features

  • Basement: Full, Interior Only, Unfinished, Laundry
  • Bus
  • Commuter Bus
  • Highway Access
  • Public School
  • Recreational Facilities
  • Shopping
  • Fireplace: Brick
  • Heating: Natural Gas, Baseboard
  • Heating Fuel: Natural Gas, Baseboard
  • Laundry
  • Year Built: 1900

See more features

Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today282-91.7% decrease in inventory
    New on Market *132-19% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$310.88$14 increase in List Price/Sq.Ft.
    Avg. Sale Price *$674,902$129,719 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *1078.27%916.1% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$306.39$8 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *674 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 Ocean Blue Realty

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