12 University Avenue

Providence, RI 02906 Directions
$1,550,000
  • 8Bed
  • 5Baths
  • 3,435Sqft
  • 0.08Acres
  • 1900Built
  • $451Price/Sqft

Property Highlights

  • Subdivision: EAST SIDE
  • Days on Market: 24
  • MLS: 1405866

Property Highlights

  • Subdivision: EAST SIDE
  • Days on Market: 24
  • MLS: 1405866

This is the East Side two-family people wait years for. Fully gut renovated in 2020, from the foundation up, and currently leased through May 2027 with zero vacancy history and $105,600 in annual gross income. The work is done. The tenants are in. You collect. Unit 2 spans two levels with five bedrooms, three baths, and lives like a private townhouse. Unit 1 offers three bedrooms and two baths with its own independent footprint. Central air, in-unit laundry, off-street parking, outdoor space, and high-end finishes throughout both units. At $8,800/month in combined rent with tenants covering gas and electric, this property generates approximately...

Property Highlights

  • Subdivision: EAST SIDE
  • Days on Market: 24
  • MLS: 1405866

This is the East Side two-family people wait years for. Fully gut renovated in 2020, from the foundation up, and currently leased through May 2027 with zero vacancy history and $105,600 in annual gross income. The work is done. The tenants are in. You collect. Unit 2 spans two levels with five bedrooms, three baths, and lives like a private townhouse. Unit 1 offers three bedrooms and two baths with its own independent footprint. Central air, in-unit laundry, off-street parking, outdoor space, and high-end finishes throughout both units. At $8,800/month in combined rent with tenants covering gas and electric, this property generates approximately $80,040 NOI with leases resetting in 2027. For investors, this is a clean, stabilized East Side hold. For 1031 buyers, it checks every box. For the right owner occupant, it's a rare chance to live large while the income works for you.

This is the East Side two-family people wait years for. Fully gut renovated in 2020, from the foundation up, and currently leased through May 2027 with zero vacancy history and $105,600 in annual gross income. The work is done. The tenants are in. You collect. Unit 2 spans two levels with five bedrooms, three baths, and lives like a private townhouse. Unit 1 offers three bedrooms and two baths with its own independent footprint. Central air, in-unit laundry, off-street parking, outdoor space, and high-end finishes throughout both units. At $8,800/month in combined rent with tenants covering gas and electric, this property generates approximately $80,040 NOI with leases resetting in 2027. For investors, this is a clean, stabilized East Side hold. For 1031 buyers, it checks every box. For the right owner occupant, it's a rare chance to live large while the income works for you.

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  • Additional Information
    • Basement Description: Exterior Entry, Full, Interior Entry, Unfinished
    • Days On Market: 24
    • Electrical Features: 200+ Amp Service
    • HOA: 1
    • Living Area SqFt: 3435
    • On Market Date: 2026-03-05
    • Parking: Paved, No Garage
    • Parking Spaces: 2
    • Sewer: Public Sewer
    • Style: Stacked
    • Subdivision: East Side
    • Tax Amount: $18,131
    • Tax Year: 2025
    • Type: Residential Income
    • Unit Count: 2
    • Utilities: Sewer Connected, Water Connected
    • Year Built: 1900
  • Amenities
    • Pool
    • Restaurant
    • Tennis Court(s)
    • Sidewalks
  • Interior/Exterior Features
    • Appliances Included: Gas Water Heater
    • Beds: 8
    • Construction Materials: Vinyl Siding
    • Cooling: Central Air
    • Flooring: Ceramic Tile, Hardwood
    • Foundation: See Remarks
    • Full Baths: 5
    • Heat: Natural Gas, Forced Air
    • Living SqFt Source: Public Records
    • Rooms: 14

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 William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 04/10/2026. Listed By: Scott Champagne of Compass.

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