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Property view

71 Olney Street, 
Providence, RI 02906

$1,525,000


15

Beds


7

Baths


4,671

Sq Ft


Multi-Family

Sold

Listed by

Spencer Kelleher

Bought with William Raveis Inspire

William Raveis Inspire

MLS#

1360300

Source:

RI STATEWIDE

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About This Home

71 Olney Street

**The property is being sold in a package with 173 Prospect St, MLS#1360296. Both properties must be purchased together, total price $3,300,000** 173 Prospect Street and 71 Olney Street present a unique turn-key investment opportunity with 30 Bedrooms and 14 bathrooms, primarily rented to graduate students from Brown University, RISD, and JWU. Both properties have been renovated with new electrical service and wiring, plumbing, HVAC, hardwired sprinkler system and alarm system, new kitchens, appliances, and bathrooms. 8 parking spaces. These units are fully furnished and rented by the bedroom, each individual lease is co-signed. This is a great addition to any portfolio. Conveniently located near the Universities, Whole Foods, and highway.

Home Facts

Multi-Family

7 Baths

15 Bedrooms

Built in 1920

Price Summary

1,650,000

$353 per Sq. Ft.

MLS #:

1360300

Sold:

October 2, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

15

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

4,671 Sq. Ft.


Structure

Structure

Building Area:

4,671 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

2,805


Finances & Disclosures

Finances

Price:

$1,650,000

Price per Sq. Ft:

$353 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 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: December 4, 2024