855.375.4001
Listing Courtesy of: Joy Riley - Westcott Properties 401-421-5300
$1,800,000 affordable loan icon Calculate Payment

98 Penn Street Providence, RI 02909

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General Commercial Residence
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Last updated on 12/22/2025 3:17 AM
Prime Multi-Family Investment Opportunity 98, 100, & 102 Penn Street, Providence, RI An exceptional investment opportunity on Providence's sought-after West Side, this portfolio consists of three adjacent multi-family properties, offering strong income potential, ease of management, & future condo... conversion possibilities. **98 Penn Street is a well-maintained three-family home featuring three two-bedroom, one-bath units with hardwood floors, architectural details, & updated mechanicals. Long-term tenancy has kept rents below market, creating immediate value-add potential.**100 Penn Street is a newer construction two-family home with immaculate, modern units featuring spacious layouts & contemporary finishes. A low-maintenance investment with strong rental appeal, this property offers turn-key efficiency.** 102 Penn Street is a large three-family property featuring two three-bedroom, one-bath units & one two-bedroom, one-bath unit. The building has a maintenance-free exterior, updated interiors, & ample off-street parking. ** With long-term occupancy, below-market rents, & strong appreciation potential, these properties generate immediate cash flow with significant upside. Conveniently located between Atwells Avenue & Broadway, tenants benefit from easy access to downtown Providence, the East Side, hospitals, highways, & the train station. **A rare opportunity to acquire a well-positioned, income-producing portfolio in one of Providence's most vibrant neighborhoods. Continue reading
MLS#
1387000
Property Type
General Commercial
Year Built
1920
Lot Size
0.18
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Listing Courtesy of: Joy Riley - Westcott Properties 401-421-5300
Andrea D. Conner, License REC.0018633, Xome Inc., License REC.0018633, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
This content last refreshed on 12/22/2025 3:17 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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