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$801,550
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Property Description
Please see updated rent roll info on listing.This 6-family property, located in a desirable C2 zoning district, offers strong, stable cash flow with long-term tenants in place. The building features a total of 13 bedrooms across six units, almost all of them remodeled, providing a solid blend of updated interiors and value-add potential. Layout consists of FIVE 2-bed apartments, ONE 3-bed apartment. Tenants pay all utilities, keeping operating expenses low and enhancing returns. With a cap rate of 7%+, this property is ideal for investors seeking immediate income and long-term appreciation. Situated on highly visible Charles Street, directly behind Hopkins Junior High School near the intersection of Charles St and Branch Ave, the location supports consistent rental demand. The exterior boasts low-maintenance vinyl siding and replacement windows. While there is currently no on-site laundry, the addition of coin-op or card-operated machines offers an easy opportunity to increase revenue.
Full Property Details
Full Property Details for 528 Charles St
General
- Sold For: $801,550
- Taxes: $20,712 (2025)
- Status: Closed
- Type: Commercial
- Source: STWMLS
- MLS ID: 1404796
- Added to Site: 213 day(s) ago
Business
- Business Type: Residential
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Fire Sprinkler System
Location
- County: Providence
- Near Highway: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Ductless
- Heating Type: Ductless, Individual
Utilities
- Sewer: Connected, Sanitary, Storm Sewer
- Water: Connected, Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Connected, Municipal Utilities, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Construction: Frame, Masonry
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 4
- Building Size: 8662
- Finished Total: 8,662 Sq. Ft.
- Finished Above Grnd: 8,662 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Sq. Ft.): 4,000
- Lot Size: 4000
- Frontage: City Street
- Street Lights: Yes
- Sidewalks: Yes
- Potential Use: Multi-Family, Residential, Retail
Financial Considerations
- Tax Amount: $20,712
- Tax Year: 2025
- Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Management, Pest Control, Repairs, Roof Maintenance, Snow Removal, Sewer, Taxes, Water
- Tenant Pays: Cable TV, Electricity, Gas, Heat, Hot Water, Telephone
Disclosures and Reports
- Documents Avail.: Aerial
- Property ID: 528CHARLESSTPROV
- Lot Number: 469
Listed by Serhant New England
Sold by Serhant.
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Schools
Schools serving 528 Charles St
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Veazie Street School 211 Veazie Street, Providence, RI 02904 | K-5 | 0.7 mi |
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908 | K-5 | 0.9 mi |
Martin Luther King El. School 35 Camp Street, Providence, RI 02906 | K-5 | 1.2 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 0.1 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.2 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1.5 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 1.4 mi |
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908 | 9-12 | 1.8 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 2.3 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 528 Charles St
Date
Details
Price
Change
Source
8/18/2026
Sold
$801,550
-5.7%
MLS
2/18/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
528 Charles Street, Providence, RI 02904 (MLS# 1404796) is a Commercial property that was sold at $801,550 on August 18, 2026. Want to learn more about 528 Charles 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.

