1 / 7
SIGNAL SCORE
About this property
Turnkey 7-unit compound with significant upside in a strong Providence rental market. The asset consists of a 6-unit main building featuring (6) one-bed, one-bath units with gas baseboard heat, plus a detached ~989 SF cottage offering a 2-bed, 1-bath layout with electric baseboard heat. Ownership has completed all major capital improvements, including upgraded boilers and hot water systems, minimizing near-term capex. The property is professionally managed and benefits from tenant-paid utilities, creating an efficient and predictable expense structure. Off-street parking adds to tenant appeal and retention. Current gross income is $98,448, with a pro forma of $111,600, driven by below-market rents, presenting a clear and immediate value-add opportunity. This is a stabilized, income-producing asset with operational upside—ideal for investors seeking strong in-place cash flow with the ability to increase yield through rent growth.
Property details
| Units | 7 |
| Living area | 4,589 sqft |
| Lot size | 5,227 sqft |
| Year built | 1900 |
| Price / sqft | $218 |
| County | Providence |
| MLS # | 73508855 |
Listing status
| Days on market | 4 days |
| Listed on | April 28, 2026 |
Taxes & financials
| Annual property tax | $12,324 |
| Tax year | 2025 |
| Assessed value | $474,000 |
| Zoning | R3 |
| Gross income (actual) | $111,600/yr |
| Net operating income (actual) | $111,552/yr |
| Total actual rent | $9,296/mo |
Building & lot
| Stories | 3 |
| Total rooms | 23 |
| Lot size | 0.12 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Off Street, Tandem, Common |
| Basement | Full, Interior Entry, Unfinished |
| Foundation | Block, Stone |
| Roof | Rubber, Asphalt/Composition Shingles |
| Construction | Frame |
| Flooring | Tile |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
Listing courtesy of BOND BROKERAGE — Donald Martone. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 23 Whitehall, Providence RI 02909 have?
It is a 7-unit multi-family property with 4,589 sqft of living area, built in 1900.
How long has 23 Whitehall, Providence RI 02909 been on the market?
23 Whitehall, Providence RI 02909 has been listed for 4 days (since April 28, 2026).
What are the property taxes on 23 Whitehall, Providence RI 02909?
Annual property taxes are $12,324 (2025), on an assessed value of $474,000.
What is the price per square foot?
At $999,000 for 4,589 sqft, that's about $218 per square foot.
Is there parking?
4 total parking spaces (off street, tandem, common).
Where is this property located?
23 Whitehall, Providence RI 02909 is in Providence, Providence County, MA 02909.
