Rare opportunity to own a meticulously maintained 4-unit multifamily in the heart of Providence’s Federal Hill. Each spacious unit features 2 bedrooms, 1 large bathroom, and an identical open layout with hardwood or laminate flooring throughout. Washer/dryer hookups are available in every unit for added tenant convenience. The 4th floor unit includes in-unit laundry, a dishwasher and a jacuzzi tub—offering added value and potential for increased rent. Recent upgrades include BRAND NEW electrical panels, a BRAND NEW full building fire alarm system, whole-house leak detection, BRAND NEW siding, a new roof, a new state of the art "Navien" Tankless Combi-units which provide low-cost heating expenses to tenants & new extra blown-in insulation in all exterior walls & attic for cost-efficiency. The property features a robust security system with cameras, spotlights, and programmable electronic locks. The freshly painted and secure basement includes 4 separate rooms to include coin-operated laundry, a utility room, separate storage rooms—ideal for additional income opportunities or a potential future 5th unit (buyer to conduct due diligence). Outside, the fenced backyard offers a private outdoor space with poured concrete patios and grassy area! This building can be used for potential Airbnbs and short-term rentals (under city regulations). Fully rented and turn-key, this is a prime investment for those seeking strong cash flow and minimal upkeep in a desirable Providence location.
For sale
$979,000
96 Dean St, Providence, RI 02903
8beds
4,264sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$230/sqft
$-- HOA
What's special
Grassy areaFenced backyardBrand new sidingIn-unit laundryNew roofHardwood or laminate flooringJacuzzi tub
- 1 day
- on Zillow |
- 254 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 12:49pm
Listed by:
Alpern & Mesenbourg Group 401-324-9841,
Keller Williams Coastal
Source: StateWide MLS RI,MLS#: 1392339

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Forced Air
Cooling
- None
Appliances
- Included: Gas Water Heater, Tankless Water Heater, Dryer, Oven/Range, Refrigerator, Washer
- Laundry: In Building
Features
- Stairs, Plumbing (Copper), Plumbing (PVC), Insulation (Ceiling), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood, Vinyl
- Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility
- Has fireplace: No
Interior area
- Total structure area: 4,264
- Total interior livable area: 4,264 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Stories: 4
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 2,613.6 Square Feet
Details
- Parcel number: 96DEANSTPROV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: In Fee
- Utilities for property: Sewer Connected, 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
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $230/sqft
- Annual tax amount: $13,219
- Date on market: 8/11/2025
- Inclusions: Note; Annual income includes coin-operated laundry. See attached documents for annual expense breakdown.
- Total actual rent: 5800
- Tenant pays: Hot Water, Heat
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