41 Yale Ave Providence, RI 02908
Mount Pleasant NeighborhoodEstimated payment $5,514/month
Highlights
- Deck
- Wood Flooring
- Living Room
- Property is near public transit and schools
- Corner Lot
- Baseboard Heating
About This Home
Excellent investment opportunity. Upside in rents. Well maintained. 41 Yale Avenue is a turnkey six-unit building situated on a prominent corner lot. It features fully finished one-bedroom, one-bathroom apartments that are ready for continued income generation. The property stands out due to its strong potential for appreciation, supported by a solid estimated value and consistent market performance. The location benefits from excellent neighborhood stability, walk-ability, and proximity to employment centers and urban amenities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,760
Year Built
- Built in 1900
Lot Details
- 3,001 Sq Ft Lot
- Corner Lot
Home Design
- Block Foundation
- Stone Foundation
Interior Spaces
- 3,759 Sq Ft Home
- Living Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Trash Compactor
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Parking
- 2 Open Parking Spaces
- 2 Car Parking Spaces
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
Additional Features
- Deck
- Property is near public transit and schools
Listing and Financial Details
- Rent includes unit 1(heat water), unit 2(heat water), unit 3(heat water), unit 4(heat water)
- Assessor Parcel Number M:64 L:367,584611
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Coin Laundry
Building Details
- Electric Expense $1,136
- Insurance Expense $3,726
- Water Sewer Expense $3,736
- Operating Expense $32,386
- Net Operating Income $65,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $14,760 | $567,700 | $66,000 | $501,700 |
| 2024 | $7,696 | $419,400 | $66,000 | $353,400 |
| 2023 | $7,696 | $419,400 | $66,000 | $353,400 |
| 2022 | $7,465 | $419,400 | $66,000 | $353,400 |
| 2021 | $6,560 | $267,100 | $55,200 | $211,900 |
| 2020 | $6,560 | $267,100 | $55,200 | $211,900 |
| 2019 | $6,560 | $267,100 | $55,200 | $211,900 |
| 2018 | $7,769 | $243,100 | $50,400 | $192,700 |
| 2017 | $7,769 | $243,100 | $50,400 | $192,700 |
| 2016 | $8,922 | $243,100 | $50,400 | $192,700 |
| 2015 | $7,644 | $208,000 | $48,000 | $160,000 |
| 2014 | $7,644 | $208,000 | $48,000 | $160,000 |
| 2013 | $7,644 | $208,000 | $48,000 | $160,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $790,000 | -- | $210 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73503667
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