157 Irving Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

157 Irving Avenue

Providence, RI 02906
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Providence.
  • Property consists of two residential rental units.
  • Located within the 02906 zip code of Rhode Island.
  • Asset suitable for small-scale residential investment strategies.
  • Positioned within a stable and dense urban market area.

What's Special

This multifamily property at 157 Irving Avenue is currently available for sale, presenting a practical addition for investors seeking residential assets in the Providence market. Situated in a well-established area of Rhode Island, the building consists of two apartment units. The property serves as a stable vehicle for those looking to manage a small-scale rental portfolio or gain a foothold in the local housing landscape. Providence continues to function as a significant regional hub, characterized by a mix of educational institutions, healthcare systems, and a diverse workforce that supports consistent demand for rental accommodations. Investors can leverage this asset to capture yield within a proven urban submarket. The layout is structured to accommodate long-term residential tenants, providing a straightforward approach to property management and income generation in a city known for its historic appeal and strong community density.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times