57 Pembroke Avenue Providence, Rhode Island

Listed By Keller Williams Coastal
The Commercial Property for Sale located at Providence, Rhode Island is currently for sale. Providence, Rhode Island is listed for $4,050,000. This property has Total Parking features. If the property located at Providence, Rhode Island isn't what you're looking for, visit https://www.rilivingglobal.com to see other Commercial Properties for Sale in Providence .
Date Updated : May 20, 2025
MLS#: 1385418
$4,050,000 USD
Property features
Key features
- Total Parking
Construction details
- Year built: 1935
Description
Unlock a lucrative investment opportunity in the heart of Providence! This exceptional multi-family rental portfolio features 5 separate properties totaling 15 units. Strategically located in the heart of three prestigious colleges - Providence College, Johnson and Wales University, and Rhode Island College - making it a magnet for student and faculty tenants. Each property in this portfolio has undergone extensive renovations, boasting modern upgrades and top-of-the-line mechanical systems, including roofs, porches plumbing and electrical. With sleek interiors, energy-efficient designs, turnkey condition, and ample off the street parking these units are primed for long term occupancy and value appreciation. Capitalize on strong rental demand, consistent cash flow, and proximity to vibrant academic and cultural hubs.