$599,900

23 Richter St Providence, RI 02908

Smith Hill Neighborhood

Estimated payment $3,375/month

6 Beds
3 Baths
4,264 Sq Ft
$141 Price per Sq Ft

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Shops
  • Attic
  • Public Transportation
  • Property near a hospital

About This Home

Great investment opportunity in Providence! This well-maintained three-family home offers three 2-bed, 1-bath units with classic double parlors and in-unit washer/dryers. Second and third floors feature private porches, plus a small yard for tenant enjoyment. Units are in fair condition, offering solid functionality with value-add potential. All units are occupied by reliable, long-term tenants on month-to-month leases. Estimated rent: $2,000/month per unit. Estimated market rent; current rents may vary. Buyer to perform due diligence to verify rental income, expenses, and market conditions. Conveniently located near parks, schools, shopping, highways, downtown, and local universities. Potential for condo conversion (buyer to perform due diligence). Rent roll available upon request. Special financing may be available contact agent or lender for details. Tax rate reflects non-owner-occupied status.

Listing Agent

Aleece Silva

eXp Realty LLC License #RES.0049365 Listed on: 03/29/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1930

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 4,264 Sq Ft Home
  • 3-Story Property
  • Attic

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Private Sewer

Additional Features

  • 1,066 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 23RICHTERSTPROV

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Additional Features

  • 3 Units
  • Operating Expense $4,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,026

Year Built

Built in 1930

Lot Details

1,066 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0245
  • Inclusions: Real Estate Taxes based on owner-occupied property. Buyer to perform own due diligence
  • Above Grade Finished Sq Ft: 4264.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Bathroom
  • Stories: 3

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Other, Private Sewer

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1066.0
  • Parcel #: 23RICHTERSTPROV

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 4200.0

Tax Info

  • Tax Annual Amount: 2026.0
  • Tax Lot: 71

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

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
2025 $7,846 $560,400 $142,700 $417,700
2024 $6,349 $346,000 $67,400 $278,600
2023 $6,349 $346,000 $67,400 $278,600
2022 $6,159 $346,000 $67,400 $278,600
2021 $4,976 $202,600 $33,200 $169,400
2020 $4,976 $202,600 $33,200 $169,400
2019 $4,976 $202,600 $33,200 $169,400
2018 $4,609 $144,200 $35,700 $108,500
2017 $4,609 $144,200 $35,700 $108,500
2016 $4,609 $144,200 $35,700 $108,500
2015 $4,333 $130,900 $46,700 $84,200
2014 $4,418 $130,900 $46,700 $84,200
2013 $4,418 $130,900 $46,700 $84,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2026 03/29/26 For Sale $599,900 -- $141 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed $85,000 --
Source: Public Records

Source: State-Wide MLS

MLS Number: 1408659

State-Wide MLS

APN: PROV-820071-000000-000000

Rhode Island Providence County Providence 02908 Smith Hill

23 Richter St, Providence, RI

For Sale

MultiFamily

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State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Listing Agent
Aleece Silva
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eXp Realty LLC
(508) 269-6904
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