513 Charles St, Providence, RI 02904
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513 Charles St, Providence, RI 02904
513 Charles St, Providence, RI 02904
513 Charles St, Providence, RI 02904
513 Charles St, Providence, RI 02904
Real Vision Properties
Real Vision Properties

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+1(401) 519-5388

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$ 620,000

$ 999,000 37.9%

Est. payment /mo
Sold on 05/29/2026

513 Charles St Providence, RI 02904

10 Beds

6 Baths

3,550 SqFt

UPDATED:

Key Details

Sold Price $620,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $174

MLS Listing ID 73521978

Sold Date 05/29/26

Bedrooms 10

Full Baths 6

Year Built 1900

Annual Tax Amount $18,164

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

A RARE PROVIDENCE VALUE-ADD WITH BONUS DEVELOPMENT POTENTIAL. Well-kept 6-unit (legal 5) property in Providence's Charles neighborhood offering strong current income with substantial upside still on the table. Below-market month-to-month rents create immediate opportunity for increased rents, while basic interior renovations offer additional value-add potential. Major capital improvements have already been handled, including a 2-year-old roof, majority newer windows, multiple newer water heaters, foundation repairs, and vinyl siding. The property also offers ample rear parking on a separate, buildable lot, creating rare future development potential beyond the existing asset. Strong infrastructure, flexible tenancy, and multiple paths to increased returns make 513 Charles Street a compelling investment from day one.

Location

State RI

County Providence

Zoning RES

Direction USE GPS

Rooms

Basement Full, Unfinished

Interior

Flooring Tile, Vinyl

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School

Roof Type Shingle

Total Parking Spaces 12

Garage No

Building

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Keller Williams Realty Leading Edge
Bought with Pete Dufresne • Keller Williams Realty Leading Edge

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+1(401) 519-5388
Rhode Island, USA
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513 Charles St