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$705,000
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Property Description
Welcome to 123 Laban Street. Ideal for investors seeking robust cash flow or owner-occupants looking to offset their mortgage in a highly competitive rental market. This multi-family has been meticulously maintained and upgraded by the current owner, ensuring low capital expenditures for years to come while leaving room to build equity. The second and third floors are recently renovated and are currently generating strong market rents. The first floor offers opportunity for cosmetic updates that will force appreciation, and maximize the rent roll. The partially finished basement offers more usable space on the property. Recent updates include new vinyl siding, new gutters, two new water tanks, a 6-camera surveillance system and a repaved driveway offering plenty of off street parking. The young roof was replaced by the previous owner in 2019. This one checks all the boxes!
Full Property Details
Full Property Details for 123 Laban St
General
- Sold For: $705,000
- Taxes: $3,515 (2026)
- Status: Closed
- Type: Apartment
- Source: STWMLS
- MLS ID: 1418001
- Added to Site: 86 day(s) ago
Interior
- Number of Rooms: 17
- Fireplace(s): None
- Appliances: Gas Water Heater
- Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 6
- Parking Features: No Garage
Location
- County: Providence
- Subdivision: Silver Lake
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas, Other
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Other
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Partially Finished
- Stories/Levels: 3
- Building Size: 2322
- Finished Total: 2,322 Sq. Ft.
- Finished Above Grnd: 2,322 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.0997
- Lot Size (Sq. Ft.): 4,345
- Lot Size: 4345
Financial Considerations
- Tax Amount: $3,515
- Tax Year: 2026
Disclosures and Reports
- Inclusions: Property taxes reflect homestead exemption. Otherwise, the property taxes are $6, 518.40. Filter system is personal property and will be removed before closing. Seller reserves the right to accept an offer at any time.
- Property ID: 123LABANSTPROV
- Lot Number: 335
Listed by Circle 100 Real Estate
Sold by My Dream Home Realty
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Schools
Schools serving 123 Laban St
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Frank D. Spaziano Elementary School 85 Laurel Hill Avenue, Providence, RI 02909 | 2-5 | 0.2 mi |
Frank D. Spaziano Annex Elementary School 240 Laban Street, Providence, RI 02909 | K-1 | 0.3 mi |
Webster Avenue School 191 Webster Avenue, Providence, RI 02909 | K-5 | 0.4 mi |
Governor Christopher Delsesto Middle School 152 Springfield Street, Providence, RI 02909 | 6-8 | 0.8 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 1.5 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.7 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1.6 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 1.6 mi |
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 123 Laban St
Date
Details
Price
Change
Source
9/23/2026
Sold
$705,000
4.44%
MLS
7/15/2026
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
123 Laban Street, Providence, RI 02909 (MLS# 1418001) is a Apartment property that was sold at $705,000 on September 23, 2026. Want to learn more about 123 Laban Street? Do you have questions about finding other Apartment real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

