41 Yale Ave, Providence, RI 02908
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$790,000
6 Unit
6 Beds
6 Baths
3759 SQFT
0.07 Acre

Property Description

Excellent investment opportunity. Upside in rents. Well maintained. 41 Yale Avenue is a turnkey six-unit building situated on a prominent corner lot. It features fully finished one-bedroom, one-bathroom apartments that are ready for continued income generation. The property stands out due to its strong potential for appreciation, supported by a solid estimated value and consistent market performance. The location benefits from excellent neighborhood stability, walk-ability, and proximity to employment centers and urban amenities.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Highway Access, Laundromat, Public School, Public Transportation
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Disposal, Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 101400
  • Gross Expenses: 32386
  • GSE: 5031
  • Electric Expenses: 1136
  • Water/Sewer: 3736
  • INSC: 3726
  • Repairs & Maintenance: 3000
  • Net Operating Income: 65000

Utilities

  • Electric Info: Individually Metered
  • Utility Connections: for Electric Oven, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Heat, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Side by Side
  • Foundation Info: Concrete Block, Fieldstone
  • Flooring Type: Tile, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73503667
  • Last Updated: 04/21/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/21/2026Active$790,000$210MLSPIN
04/17/2026New$790,000$210MLSPIN

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Seller's Representative: John Craig, Marcus & Millichap Real Estate Investment Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-04-21 03:05:00