75 - 79 Laban Street Providence

$574,900
5 3 2,302 sq ft

The Property

Excellent opportunity to add a solid income-producing asset to your portfolio. Located in Providence’s Silver Lake neighborhood, this well-maintained three-family property features two 2-bedroom units and one 1-bedroom unit, offering a desirable unit mix with strong rental appeal. Separate utilities allow tenants to pay their own heat and electricity helping to minimize owner expenses while maximizing cash flow.

The property offers stable rental income and presents an excellent opportunity for both seasoned investors and owner-occupants looking to offset their mortgage with rental income.

Conveniently located just minutes from downtown Providence with easy access to Routes 6 and 10, the property is also close to shopping, restaurants, public transportation, and the expansive Neutaconkanut Park with its walking trails, recreation areas, and scenic city views.

Whether you’re looking to expand your investment portfolio or purchase a multifamily in a centrally located Providence neighborhood, this property offers strong income potential and long-term value. Reach out to schedule a showing today!

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Listing Details

MLS Number

1417143

Lot Size:

0.05 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Public School
  • Restaurants
  • Shopping
  • Heating: Natural Gas, Baseboard
  • Heating Fuel: Natural Gas, Baseboard
  • Laundry
  • Year Built: 1915

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Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today350-91.4% decrease in inventory
    New on Market *22129.2% increase in new listings
    Avg. Asking Price/Sq.Ft. *$346.32$14 increase in List Price/Sq.Ft.
    Avg. Sale Price *$688,877$19,775 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.26%-1.3% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$343.08$2 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *719 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 Divine Real Estate
Phone: 508-938-9277

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