98 Penn Street 102, Providence, RI 02909

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,660,000
List Price
$1,800,000
Closing Date
Jan 30, 2026
MLS#
1387000
Status
CLOSED
Type
Commercial
City
Providence
County
Providence
Year Built
1920

Property Description

Prime Multi-Family Investment Opportunity 98, 100, & 102 Penn Street, Providence, RI An exceptional investment opportunity on Providence's sought-after West Side, this portfolio consists of three adjacent multi-family properties, offering strong income potential, ease of management, & future condo conversion possibilities. **98 Penn Street is a well-maintained three-family home featuring three two-bedroom, one-bath units with hardwood floors, architectural details, & updated mechanicals. Long-term tenancy has kept rents below market, creating immediate value-add potential.**100 Penn Street is a newer construction two-family home with immaculate, modern units featuring spacious layouts & contemporary finishes. A low-maintenance investment with strong rental appeal, this property offers turn-key efficiency.** 102 Penn Street is a large three-family property featuring two three-bedroom, one-bath units & one two-bedroom, one-bath unit. The building has a maintenance-free exterior, updated interiors, & ample off-street parking. ** With long-term occupancy, below-market rents, & strong appreciation potential, these properties generate immediate cash flow with significant upside. Conveniently located between Atwells Avenue & Broadway, tenants benefit from easy access to downtown Providence, the East Side, hospitals, highways, & the train station. **A rare opportunity to acquire a well-positioned, income-producing portfolio in one of Providence's most vibrant neighborhoods.

Additional Information

Sewer
Connected
Taxes
$2,024
Community Features
Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Westcott Properties. Contact:

Selling Office: HERE Realty.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2026 State-Wide Multiple Listing Service. All rights reserved. Data Last Updated: