171 Reynolds, Providence, RI, 02905

Exceptional investment property for sale! This property has 3 legal units with a fully finished fourth floor with its own entrance if desired and with a washer and dryer in EACH unit (washers and dryers in unit added in 2024). Unit 1 - 4 bedroom 1 bathroom unit, currently rented at $2,000 per month, tenant pays for all utilities Unit 2 - 4 bedroom 1 bathroom unit, currently rented at $2,000 per month for only one person in the unit, and was previously rented at $2,500 per month for multiple people in the unit, tenant pays for all utilities Unit 3 - 3 bedroom 1 bathroom unit, currently vacant as a tenant for this unit recently moved out, was rented previously for $1,800 per month with the landlord paying for electricity and the tenant paying for gas and all other utilities Fourth floor - 4 bedroom 1.5 bathroom unit, currently rented at $2,200 per month, landlord pays for electricity, and tenant pays for all other utilities, renovated in 2024 with new Lifeproof flooring, granite countertops, new lighting, etc. Basement - unfinished basement, full height basement As of May 2025, the total rent for the building with all of the units rented was $8,400 The property includes stacked parking that can fit 3 to 4 cars, a small fenced in area towards the back of the house, solar exterior lights, new vinyl siding, a newer roof, and several newer appliances in the units. Please reach out if you are interested in scheduling a tour of the property. Thanks!

Residential Income
$850,000
Location
City/TownProvidence
CountyProvidence
Community FeaturesBus, Commuter Bus, Schools, Shopping
Interior
Living Area5,772 sq. ft.
Rooms28
HeatingElectric, Natural Gas, Baseboard, Radiant
CoolingWindow Unit(s)
Interior FeaturesAttic, Attic Stairs, Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
Additional Information
Tax Assessment$436,000
Zoning02 - 2-5
Exterior
Acreage0.0735
Listed By: Www.Homezu.Com

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