150 Prospect St - Apartments FOR SALE


Providence, RI 02906- College Hill
$1,450,000 USD
617-480-5636
150 Prospect St, Providence, RI for Sale
$1,450,000 USD
Apartments - FOR SALE
1/41
null | 4.55% Cap Rate

150 Prospect St
Providence, RI 02906
College Hill


HIGHLIGHTS

  • Walk to major universities, parks, & Downtown
  • Transit Service approximately 0.5 mile walk, serving Northeast

OVERVIEW

Welcome to the Ruth T. Scott House at 150 Prospect Street, a rare multifamily opportunity located in the heart of Providence’s sought-after College Hill neighborhood. Built circa 1867, this distinguished three-unit property offers a perfect blend of historic charm and modern functionality. Each spacious unit features high ceilings, large windows providing abundant natural light, and beautifully preserved hardwood floors throughout. The first-floor unit offers 3 bedrooms and 1.5 baths, the second floor includes 3 bedrooms and 1 bath, and the third-floor unit provides 2 bedrooms and 1 bath, offering flexible living arrangements for residents or strong rental potential for investors. Outside, the property features a charming stone patio and convenient off-street parking, a true luxury on the East Side. Ideally situated within walking distance to Brown University, RISD, Prospect Park, Downtown Providence, and a variety of shops, cafes, and restaurants, this location attracts students, professionals, and creatives alike. Easy access to transit options including MBTA, Amtrak, and RIPTA further enhances its appeal. With its unbeatable location, historic character, and solid rental income potential, 150 Prospect Street presents a compelling investment or owner-occupant opportunity in one of Providence’s most vibrant and prestigious communities. Don’t miss the chance to own a piece of College Hill history!

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$238 USD /SF

# OF UNITS

6

PRICE/UNIT

$241,667

CAP RATE

4.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1867

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,168 SF

ZONING

R1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Amanda BruneauCompassMore Info
617-480-5636

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Amanda BruneauCompassMore Info
617-480-5636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.