# 513 Charles Street, Providence, RI 02904

> **TL;DR:** commercial, $999,000 ($281/sqft), built 1900, 3,550 sqft. Est. $4,329/mo. Listed 12 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $999,000 |
| Price/sqft | $281 |
| Square Feet | 3,550 |
| Year Built | 1900 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 12 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,329 |
| **Total** | **$4,329** |

## Property Highlights

- Built in 1900
- 0.11 acre lot
- 3 stories
- 12 parking spaces

## Description

### Agent Description
A RARE PROVIDENCE VALUE-ADD WITH BONUS BUILDABLE LOT. 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

- **Address:** 513 Charles Street, Providence, RI 02904
- **County:** Providence
- **Coordinates:** 41.8488, -71.419405
- **Google Maps:** https://www.google.com/maps?q=41.8488,-71.419405

## Listing Agent

- **Name:** Spectrum Real Estate Consultants Team
- **Brokerage:** Keller Williams Leading Edge
- **Phone:** (401) 333-4900
- **Email:** Showings@Spectrumrec.com

## Primary Photo

![513 Charles Street - Primary Photo](http://lh.rdcpix.com/df9f04527fd45adb1c4b614a45881e00l-f1666195822r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/513-charles-street-providence-ri-02904-1413142)*

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**MLS#:** 1413142 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/513-charles-street-providence-ri-02904-1413142)

---

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