42 Osborn St, Providence, RI 02908

Rare opportunity — buildable R-4 lot with 2,178 sq/ft of potential plus a turnkey three-family next door (must be sold together). The lot offers multiple development options: build a 2-unit (1,000+ sq/ft each) or a 3-unit (700 sq/ft each), creating additional income or expansion opportunities (buyer to perform due diligence). The existing three-family features 3 bedrooms per unit, with the 2nd and 3rd floors fully rehabbed within the last four years. Major capital items have been handled, including a roof that was re-plywooded and re-shingled four years ago. Clean, updated interiors, strong rental history, and excellent owner-occupant or investor appeal. With multiple exit strategies — develop, hold, or house-hack — this package is a smart addition to any portfolio. Taxes, assessment, and lot square footage reflect both parcels. See MLS #1394124.