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58 Central Avenue, 
East Providence, RI 02914

$619,900


3

Beds


3

Baths


2,274

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Manny Menezes

John Pacheco

Realty New England

Last updated:

October 4, 2025, 04:53 AM

MLS#

1395819

Source:

RI STATEWIDE

About This Home

58 Central Avenue

Beautifully updated and remodeled, this income-producing 3-unit building offers a rare opportunity for investors or owner-occupants. Currently generating over $50,000 in annual income, this property is a turn-key investment with the added bonus of a possible buildable lot ideal for future expansion or potential subdivision. Each unit features one bedroom, attracting long-term tenants and ensuring low-maintenance management. Over the past 10 20 years, the property has undergone comprehensive renovations, including updates to the roof, siding, windows, and heating systems, providing peace of mind for years to come. The property also boasts ample parking and a spacious yard for tenant enjoyment. Conveniently located near the East Side of Providence and major highways (Routes 95, 195, and 6), this is a rare find with strong cash flow and tremendous upside potential for a savvy buyer.

Home Facts

Multi-Family

3 Baths

3 Bedrooms

Built in 1920

Price Summary

619,900

$272 per Sq. Ft.

MLS #:

1395819

Last Updated:

October 4, 2025, 04:53 AM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,274 Sq. Ft.


Structure

Structure

Building Area:

2,274 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

11,325


Finances & Disclosures

Finances

Price:

$619,900

Price per Sq. Ft:

$272 per Sq. Ft.

MLS Logo
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Coastal Homes are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: October 4, 2025

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