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Property view

56 Ivy Street, 
Providence, RI 02906

$930,000


7

Beds


4

Baths


3,944

Sq Ft


Multi-Family

Sold

Listed by

Christine Dupuis

Bought with Residential Properties Ltd

Mott & Chace Sotheby'S Intl.

MLS#

1405134

Source:

RI STATEWIDE

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About This Home

56 Ivy Street

Turnkey income producing 3 family investment! This well-maintained multi-family property offers strong income potential and long-term value. Major capital improvements already completed with a 2 1/2 yr old roof, and hard wired smoke detectors for code compliance. Each unit is spacious and thoughtfully designed with separate entrances, generous layouts, abundant natural light, and functional kitchens and living areas ideal for today's renters. In addition to the 3 units, there is also a first floor art studio with bath, and a second level office and flex space. The basement has plenty of storage, a workshop, and coin-op washer and dryer. The property also features a rare large, private fenced yard - an added bonus for tenants and owner occupied alike! Tenants enjoy convenient access to nearby shopping, dining, schools, and major transportation routes, making this a highly desirable location. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents a rare and versatile opportunity. The current owners have primarily chosen mid-term monthly rentals that have included utilities however each unit is separately metered proving flexibility. Taxes are based on owner occupied rate. Owners will sell fully furnished if desired.

Home Facts

Multi-Family

4 Baths

7 Bedrooms

Built in 1900

Price Summary

1,029,000

$260 per Sq. Ft.

MLS #:

1405134

Sold:

April 23, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,944 Sq. Ft.


Structure

Structure

Building Area:

3,944 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$1,029,000

Price per Sq. Ft:

$260 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 Realty 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 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: May 15, 2026