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

4 stories
3 full, 1 half
3 spaces
1930

Amenities

FireplaceHardwoodA/C
Listing Description

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

Principal$647
Interest$3,878
Insurance$261

Estimates only. Actual payments may vary.

Location

241 Pleasant Street

Providence, RI 02906

East Side

Features & Amenities

Interior Features

Wall (Dry Wall)Wall (Plaster)Plumbing (Mixed)Insulation (Walls)

Property Details

Flooring

HardwoodTile - Ceramic

Construction

Dry Wall Plaster Vinyl Siding

Parking

None

Heating

SteamOil

Cooling

Window Unit(s)

Appliances

DishwasherDryerMicrowaveOven/RangeRefrigeratorWasher

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.

JK

Jonathan Kaufman

Agent at Compass

(617) 206-3333

Listed by Compass · View on Broker Site

MLS# 1417440· Source: listhub· 2 days on market

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

241 Pleasant Street, Providence, RI 02906

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