$760,000
UNDER CONTRACT

168 Waterman Ave East Providence, RI 02914

Estimated payment $4,590/month

Total Views 3,013
9 Beds
3 Baths
3,738 Sq Ft
$203 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating
  • Attic

About This Home

Turnkey 3-Unit Multi-Family with 3-Car Garage Perfect for Owner-Occupant or Investor! Welcome to this beautifully renovated 3-family home, offering strong cash flow and owner-occupant potential! Each spacious unit features 3 bedrooms and 1 full bath, with updated kitchens, baths, flooring, and mechanicals. The second floor is currently vacant, making it the perfect opportunity for a buyer looking to live in one unit while collecting rent from the others. Each floor is currently rented for $2,400/month. Tenants pay their own utilities, and all major systems have been recently updated for low-maintenance ownership. A rare find, the property also includes a detached 3-car garage, ideal for additional storage, rental income, or owner use. Conveniently located near local amenities, highways, and public transportation, this property checks all the boxes for owner-occupants and savvy investors alike.

Listing Agent

Meg Mut

HERE Realty License #REB.0019025 Listed on: 06/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,775

Year Built

  • Built in 1924

Lot Details

  • 4,800 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,738 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 3 Units
  • Operating Expense $10,000

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 168WATERMANAVEPRO

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,775

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1102
  • Above Grade Finished Sq Ft: 3738.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1924
  • Special Features: 4224

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Storage
  • Stories: 3

Exterior Features

  • Construction Type: Drywall, Aluminum Siding, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4800.0
  • Parcel #: 168WATERMANAVEPRO
  • Zoning: R6

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 5775.0
  • Tax Lot: 004
  • Tax Map Number: 205
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $5,775 $376,700 $74,300 $302,400
2023 $5,522 $374,100 $74,300 $299,800
2022 $5,695 $260,500 $43,900 $216,600
2021 $5,601 $260,500 $39,600 $220,900
2020 $5,364 $260,500 $39,600 $220,900
2019 $5,215 $260,500 $39,600 $220,900
2018 $4,674 $204,300 $41,400 $162,900
2017 $4,570 $204,300 $41,400 $162,900
2016 $4,548 $204,300 $41,400 $162,900
2015 $4,785 $208,500 $33,600 $174,900
2014 $4,785 $208,500 $33,600 $174,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $760,000 0.0% $203 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $760,000 -- $203 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $330,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $487,500 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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MLS Number: 1388130

State-Wide MLS

APN: EPRO-000205-000021-000004