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Property Description
Exceptional East Side investment opportunity in a highly sought-after location. Perfectly positioned between the vibrant energy of Wayland Square and Fox Point, this multi-family property offers both strong rental appeal and owner-occupant flexibility. The historic home features a desirable unit mix of two one-bedroom apartments and three studio residences, each with one bath. Residents enjoy immediate access to neighborhood cafes, restaurants, parks, and the scenic beauty of Blackstone Boulevard, along with close proximity to Brown University, RISD, Downtown Providence, and the train to Boston. With consistent tenant demand housing mostly month-to-month tenants, there's immediate potential for improvement to enhance overall returns. Located in an unbeatable walkable setting, this is a compelling opportunity to secure a high-performing, income-generating asset in one of the East Side's most dynamic corridors.
Full Property Details
Full Property Details for 124 Pitman St
General
- Price: $925,000
- Taxes: $12,758 (2025)
- Status: Active
- Type: Commercial
- Source: STWMLS
- MLS ID: 1405124
- Updated: 3/4/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Residential
Interior
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: Common Area
Parking
- Total Spaces: 6
Location
- County: Providence
- Subdivision: East Side / Wayland
- Near Highway: Yes
Community
- Units Assoc/Comm: 5
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 3
- Building Size: 2868
- Finished Total: 2,868 Sq. Ft.
- Finished Above Grnd: 2,868 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Sq. Ft.): 4,792
- Lot Size: 4792
- Frontage: City Street
- Sidewalks: Yes
- Potential Use: Investment, Multi-Family, Residential
Financial Considerations
- Tax Amount: $12,758
- Tax Year: 2025
- Terms: Owner May Carry, Owner May CarrySecond
- Owner Pays: Gas, Grounds Care, Heat, Hot Water, Snow Removal, Sewer, Water
Disclosures and Reports
- Property ID: 124PITMANSTPROV
- Lot Number: 403
Listed by Residential Properties Ltd.
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Schools
Schools serving 124 Pitman St
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Vartan Gregorian El. School 455 Wickenden Street, Providence, RI 02903 | PK-5 | 0.6 mi |
Martin Luther King El. School 35 Camp Street, Providence, RI 02906 | K-5 | 1.1 mi |
Mary E. Fogarty El. School 199 Oxford Street, Providence, RI 02905 | K-5 | 2 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 2.2 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 2.3 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 0.9 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1.8 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 Pitman St
Date
Details
Price
Change
Source
3/04/2026
Listed
$925,000
176.12%
MLS
3/28/2016
Sold
$335,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 124 Pitman St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,758
16%
$911,300
52%
2024
$11,001
—
$599,500
—
2023
$11,001
3%
$599,500
—
2022
$10,671
3%
$599,500
42%
2021
$10,337
—
$420,900
—
2019
$10,337
-16%
$420,900
10%
2018
$12,263
—
$383,700
—
2017
$12,263
—
$383,700
—
2016
$12,263
15%
$383,700
19%
2015
$10,681
-2%
$322,700
—
2014
$10,891
—
$322,700
—
2013
$10,891
—
$322,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124 Pitman St
124 Pitman Street, Providence, RI 02906 (MLS# 1405124) is a Commercial property. 124 Pitman Street is currently listed for $925,000 and was received on March 04, 2026. Want to learn more about 124 Pitman Street? Do you have questions about finding other Commercial real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

