$1,395,000
$105K PRICE DROP

109 Bowen St Providence, RI 02906

College Hill Neighborhood

Estimated payment $9,036/month

Total Views 60,659
9 Beds
5 Baths
3,920 Sq Ft
$356 Price per Sq Ft

Highlights

  • Wood Flooring
  • Restaurant
  • 1-minute walk to Prospect Terrace Park
  • Public Transportation
  • Forced Air Heating System

About This Home

Investment opportunity abounds with this sustainable four-unit property on College Hill, perfectly positioned within walking distance of Prospect Street and the vibrant energy of surrounding neighborhoods. Offering a strong mix of rental options, the building features one spacious three-bedroom unit, a four-bedroom, two-bath unit, and two efficient studio apartments, all generating healthy rents with room for long-term growth. The unbeatable location keeps tenants close to restaurants, shops, and the historic character that makes College Hill one of Providence's most desirable areas. Whether you're an investor ready to expand your portfolio with a reliable income-producing property, or an owner-occupant eager to anchor your future in a proven neighborhood, this College Hill gem delivers lasting value and opportunity. 109 Bowen awaits its next caretaker...

Listing Agent

Stephen Gaskin

Residential Properties Ltd. License #RES.0048283 Listed on: 09/15/2025

Residential Properties Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,294

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 3,920 Sq Ft Home
  • Fireplace Features Masonry

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 223
  • Assessor Parcel Number 109BOWENSTPROV

Community Details

Overview

  • 4 Units
  • College Hill Subdivision

Amenities

  • Restaurant
  • Public Transportation

Building Details

  • Operating Expense $51,418

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,294

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Inclusions: See attachments for full rent roll. P&L available to qualified buyers.
  • Subdivision Name: College Hill
  • Above Grade Finished Sq Ft: 3920.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Separate Meters
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Restaurant
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3485.0
  • Parcel #: 109BOWENSTPROV

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 51418.0

Tax Info

  • Tax Annual Amount: 20294.0
  • Tax Lot: 223
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2025 10/21/25 Price Changed $1,395,000 -7.0% $356 / Sq Ft
09/15/2025 09/15/25 For Sale $1,500,000 -- $383 / Sq Ft
Source: State-Wide MLS

About the Listing Agent

Stephen Gaskin
Stephen Gaskin

Residential Properties Ltd.

(401) 343-6530

Section Image

Licensed in Rhode Island and Massachusetts, Stephen knows how to get the maximum value for your property. Whatever the price point, he advises buyers and sellers with a high-touch, collaborative style, marketing homes from start to finish. Before joining RPL, he was Director of Marketing & Operations for a successful team at Berkshire Hathaway HomeServices Robert Paul Properties. Born and raised in Rhode Island, his knack for nailing down the details while keeping the process moving forward

View Stephen's Profile

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Source: State-Wide MLS

MLS Number: 1394936

State-Wide MLS

APN: PROV P:0100223 L:0000

Rhode Island Providence County Providence 02906 College Hill

109 Bowen St, Providence, RI

For Sale

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Stephen Gaskin
Stephen Gaskin
Listing Agent Section Image
Residential Properties Ltd.
(401) 343-6530