About This Home
This 8-bedroom, 4-bathroom multi-family at 241 Pleasant Street in Providence, RI is listed for $895,000 ($192 per sqft). Built in 1930, the home offers 4,662 sqft of living space on a 0.07 acres lot.
Key Features
- Built in 1930
- 0.07 acre lot
- 4 stories
- 3 parking spaces
- Fireplace
Property Details
Amenities
Rare opportunities like this don't come along often. Welcome to 241 Pleasant Street, a beautifully updated East Side two family offering exceptional flexibility for buyers seeking both a home and an investment. Extensively updated with new plumbing, electrical, siding, and full lead compliance, this property features a well maintained first floor apartment and an expansive townhouse style second unit spanning two levels.
With six bedrooms, two full bathrooms, and in unit laundry, the townhouse lives like a single family home. Whether you're searching for a spacious place to call home with rental income to help offset your mortgage or an investment with strong income potential, this property offers the best of both worlds.
With a projected cap rate in excess of 7%, the numbers are as compelling as the lifestyle. Just moments from Hope Village, the Hope Street Farmers Market, neighborhood cafes, restaurants, and local shops, you'll enjoy one of Providence's most walkable and sought after neighborhoods. These large multifamilies with major completed improvements are hard to find. An outstanding opportunity to live, invest, or both.
Monthly Cost Estimate
$4,787/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
241 Pleasant Street
Providence, RI 02906
East Side
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 4-bathroom multi-family at 241 Pleasant Street is listed at $895,000 ($192/sqft). The estimated monthly payment is $4,787 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 0.07 acre lot, 4 stories, 3 parking spaces, Fireplace. Interior Features: Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed).
This property is listed by Jonathan Kaufman and can be reached at (617) 206-3333.





