123 Laban St Providence, RI 02909
Silver Lake NeighborhoodEstimated payment $4,003/month
Highlights
- Wood Flooring
- Shops
- Baseboard Heating
- Public Transportation
About This Home
Welcome to 123 Laban Street. Ideal for investors seeking robust cash flow or owner-occupants looking to offset their mortgage in a highly competitive rental market. This multi-family has been meticulously maintained and upgraded by the current owner, ensuring low capital expenditures for years to come while leaving room to build equity. The second and third floors are recently renovated and are currently generating strong market rents. The first floor offers opportunity for cosmetic updates that will force appreciation, and maximize the rent roll. The partially finished basement offers more usable space on the property. Recent updates include new vinyl siding, new gutters, two new water tanks, a 6-camera surveillance system and a repaved driveway offering plenty of off street parking. The young roof was replaced by the previous owner in 2019. This one checks all the boxes!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,515
Year Built
- Built in 1900
Lot Details
- 4,345 Sq Ft Lot
Interior Spaces
- 2,322 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 335
- Assessor Parcel Number 123LABANSTPROV
Community Details
Overview
- 3 Units
- Silver Lake Subdivision
Amenities
- Shops
- Public Transportation
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,515 | $465,600 | $128,600 | $337,000 |
| 2024 | $5,061 | $275,800 | $72,300 | $203,500 |
| 2023 | $5,061 | $275,800 | $72,300 | $203,500 |
| 2022 | $4,909 | $275,800 | $72,300 | $203,500 |
| 2021 | $4,504 | $183,400 | $46,600 | $136,800 |
| 2020 | $4,504 | $183,400 | $46,600 | $136,800 |
| 2019 | $4,504 | $183,400 | $46,600 | $136,800 |
| 2018 | $3,445 | $107,800 | $45,200 | $62,600 |
| 2017 | $3,445 | $107,800 | $45,200 | $62,600 |
| 2016 | $3,445 | $107,800 | $45,200 | $62,600 |
| 2015 | $3,535 | $106,800 | $48,000 | $58,800 |
| 2014 | $3,605 | $106,800 | $48,000 | $58,800 |
| 2013 | $3,605 | $106,800 | $48,000 | $58,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2026 07/21/26 | Pending | -- | -- | -- | |
| 07/15/2026 07/15/26 | For Sale | $675,000 | +50.0% | $291 / Sq Ft | |
| 02/07/2023 02/07/23 | Sold | $450,000 | +5.9% | $194 / Sq Ft | View Prior Sale |
| 01/08/2023 01/08/23 | Pending | -- | -- | -- | |
| 12/27/2022 12/27/22 | For Sale | $425,000 | -- | $183 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | None Available | |
| Warranty Deed | $100,000 | -- | |
| Warranty Deed | $60,000 | -- | |
| Warranty Deed | $112,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | Purchase Money Mortgage | |
| Previous Owner | $102,000 | No Value Available | |
| Previous Owner | $63,000 | No Value Available |
About the Listing Agent
With 15 years of experience Elvis has been a trusted resource for many people seeking to achieve their home ownership and real estate investment goals. As a licensed Broker and REALTOR®, he heads a boutique brokerage based in Providence, RI.
Elvis grew up in NYC where the competitive atmosphere drove his ambition to find success despite disadvantages. Elvis established a professional career working in the financial and operations side of the fashion/apparel industry. In these roles, he
Elvis' Other Listings
Source: State-Wide MLS
MLS Number: 1418001
APN: PROV-001070-000335-000000
Ask me questions while you tour the home.