56 Ivy Street, Providence, RI 02906
- Beds
- 7
- Baths
- 4
- Sqft
- 3,944
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 3
- Number of bedrooms
- 7
- Number of bathrooms
- 4
- Square feet
- 3,944
- Lot size (acres)
- 0.13
- Year built
- 1900
Interior features
- Basement
- Yes, Unfinished
Exterior features
- Area amenities
- Golf Course
Utilities
- Heating
- Natural gas, Baseboard, Forced air, Steam
- Cooling
- Window unit(s)
Taxes
- Tax Annual Amount (2025)
- $6,731.64
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: StateWide MLS MLS®#: 1405134 Last checked: …

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