Well maintained three family in Smith Hill with a vacant 2nd floor unit, strong rental income, and approximately six off street parking spaces. Each unit offers 2 bedrooms and 1 full bath with spacious kitchens, separate living rooms, hardwood flooring, and good natural light. Current rents are $1,950, $1,950, and $1,600 per month for $5,500 in total monthly income. The vacant 2nd floor gives an owner occupant the opportunity to move right in while collecting income from the other two units. Investors have a solid income producing property with separate utilities and strong existing rents. Recent improvements include updated bathrooms, interior paint, flooring, plumbing work, upgraded appliances, a new hot water heater, and servicing of all three heating systems. The basement offers coin operated laundry along with three separate secured storage rooms for tenant use. Approximately six off street parking spaces add another major convenience. Convenient Smith Hill location close to Providence College, downtown Providence, hospitals, shopping, restaurants, and highway access. A well maintained three family with strong income and plenty of flexibility for the next owner. (Owner Occupied Taxes $4032)
For sale
$659,900
56 Felix St, Providence, RI 02908
6beds
2,856sqft
Multi Family
Built in 1920
-- sqft lot
$653,200 Zestimate®
$231/sqft
$-- HOA
What's special
New hot water heaterUpdated bathroomsHardwood flooringInterior paintUpgraded appliancesGood natural lightSpacious kitchens
- 6 hours
- 132
- 12
Zillow last checked:
Listing updated:
Listed by:
Scott Champagne 401-447-8210,
Compass
Source: StateWide MLS RI,MLS#: 1422899
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Shower Stall
Heating
- Natural Gas, Baseboard, Gas Connected
Cooling
- None
Appliances
- Included: Gas Water Heater
- Laundry: In Building
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
- Flooring: Hardwood, Laminate, Carpet
- Basement: Full,Interior Entry,Unfinished,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Deck, Porch
Lot
- Size: 3,920 Square Feet
- Features: Sidewalks
Details
- Parcel number: PROVM66L278
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Vinyl Siding
- Foundation: Unknown
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Connected
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
- Subdivision: Smith Hill
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $534,100
- Annual tax amount: $7,477
- Date on market: 9/10/2026
- Inclusions: 2nd floor currently vacant and available for owner occupancy. 1st floor rent is $1, 950/month. 2nd floor market rent is $1, 950/month. 3rd floor rent is $1, 600/month. Operating statement available.
- Total actual rent: 3550
- Tenant pays: Hot Water, Heat
Estimated market value
$653,200
$621,000 - $686,000
$2,299/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $659,900+32%$231/sqft |
Source: | ||
| 5/25/2022 | Sold | $500,000+11.4%$175/sqft |
Source: | ||
| 3/16/2022 | Pending sale | $449,000$157/sqft |
Source: | ||
| 3/10/2022 | Listed for sale | $449,000+223%$157/sqft |
Source: | ||
| 6/18/2010 | Listing removed | $139,000$49/sqft |
Source: NCI #962202 Report a problem | ||
| 3/27/2010 | Listed for sale | $139,000+46.3%$49/sqft |
Source: NCI #962202 Report a problem | ||
| 8/28/2008 | Sold | $95,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,477 +18.7% | $534,100 +55.6% |
| 2024 | $6,298 +9.7% | $343,200 +6.4% |
| 2023 | $5,742 | $322,600 |
| 2022 | $5,742 +1.1% | $322,600 +39.5% |
| 2021 | $5,681 +66.7% | $231,300 |
| 2020 | $3,408 0% | $231,300 |
| 2019 | $3,409 +17.1% | $231,300 +49.3% |
| 2018 | $2,912 -27.2% | $154,900 +23.7% |
| 2017 | $4,001 | $125,200 |
| 2016 | $4,001 +3.8% | $125,200 +7.5% |
| 2015 | $3,856 -1.9% | $116,500 |
| 2013 | $3,932 -11.7% | $116,500 -16.6% |
| 2012 | $4,455 | $139,700 |
| 2011 | $4,455 +5% | $139,700 |
| 2010 | $4,244 -31.5% | $139,700 -45.4% |
| 2009 | $6,195 +6% | $255,900 |
| 2007 | $5,845 +39.2% | $255,900 +84.2% |
| 2006 | $4,199 | $138,900 |
| 2005 | $4,199 | $138,900 |
Find assessor info on the county website
Monthly payment
Est. payment







