56 Felix Street

Providence, RI 02908

Well maintained three family in Smith Hill with a vacant 2nd floor unit, strong rental income, and approximately six off street parking spaces. Each unit offers 2 bedrooms and 1 full bath with spacious kitchens, separate living rooms, hardwood flooring, and good natural light. Current rents are $1,950, $1,950, and $1,600 per month for $5,500 in total monthly income. The vacant 2nd floor gives an owner occupant the opportunity to move right in while collecting income from the other two units. Investors have a solid income producing property with separate utilities and strong existing rents. Recent improvements include updated bathrooms, interior paint, flooring, plumbing work, upgraded appliances, a new hot water heater, and servicing of all three heating systems. The basement offers coin operated laundry along with three separate secured storage rooms for tenant use. Approximately six off street parking spaces add another major convenience. Convenient Smith Hill location close to Providence College, downtown Providence, hospitals, shopping, restaurants, and highway access. A well maintained three family with strong income and plenty of flexibility for the next owner. (Owner Occupied Taxes $4032)

Listing courtesy of Scott Champagne of Compass (401) 447-8210



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-09-11 11:24 AM UTC