928 Admiral, Providence, RI, 02904

Not every Providence property comes with a proven track record of producing income like this. Located in Elmhurst, this fully renovated ranch has generated as much as $8,500/month through previous rental use, with flexible options for full-home, upstairs-only, or lower-level occupancy depending on the buyer’s goals. The main level offers over 1,800 square feet with 3 bedrooms, 2 full bathrooms, radiant heated floors, granite countertops, a built-in wine fridge, and a sun-filled four-season room that adds even more living space. Downstairs, the fully finished lower level has its own private entrance, additional living space, private rooms, full bathroom, and separate laundry setup, making it ideal for extended family, guest space, or additional rental potential. The property has previously been rented: Entire home: up to $8,500/month, Main level only: $5,000/month, Lower level only: $2,500/month Additional features include mini-splits throughout, multiple heating zones, dual laundry areas, garage parking, and an outdoor spa setup complete with sauna and shower. Whether you’re an investor, house hacker, multi-generational buyer, or someone looking to offset ownership costs, opportunities like this are hard to find in Providence.