56 Ivy Street, Providence, RI 02906 - Photo 1

1/1

$930,000

Sold
Closed
Multi-Family
3 Units
7 Total Beds
0.13 Acres

1/1

Property Description

Turnkey income producing 3 family investment! This well-maintained multi-family property offers strong income potential and long-term value. Major capital improvements already completed with a 2 1/2 yr old roof, and hard wired smoke detectors for code compliance. Each unit is spacious and thoughtfully designed with separate entrances, generous layouts, abundant natural light, and functional kitchens and living areas ideal for today's renters. In addition to the 3 units, there is also a first floor art studio with bath, and a second level office and flex space. The basement has plenty of storage, a workshop, and coin-op washer and dryer. The property also features a rare large, private fenced yard - an added bonus for tenants and owner occupied alike! Tenants enjoy convenient access to nearby shopping, dining, schools, and major transportation routes, making this a highly desirable location. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents a rare and versatile opportunity. The current owners have primarily chosen mid-term monthly rentals that have included utilities however each unit is separately metered proving flexibility. Taxes are based on owner occupied rate. Owners will sell fully furnished if desired.

Full Property Details

Full Property Details for 56 Ivy St

General

Sold For: $930,000
Taxes: $6,731 (2025)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1405134
Added to Site: 98 day(s) ago

Interior

Number of Rooms: 18
Interior Features: Attic, Permanent Attic Stairs, Storage, Tub Shower, Furnished
Fireplace(s): None
Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Furnished: Yes
Furnishings: Furnished
Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 7

Other Rooms

Laundry: Common Area

Additional Information

Tennis: Yes

Parking

Total Spaces: 4
Parking Features: No Garage

Location

County: Providence
Subdivision: East Side
Near Highway: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Forced Air, Gas, Hydro Air, Steam

Utilities

Sewer: Connected
Water: Connected
Utility Description: Sewer Connected

Structural Information

# Buildings: 1
Architectural Style: Stacked
Detached/Attached: Detached
Construction: Plaster, Clapboard, Vinyl Siding
Basement: Yes
Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
Stories/Levels: 3
Building Size: 3944
Finished Total: 3,944 Sq. Ft.
Finished Above Grnd: 3,944 Sq. Ft.
Year Built: 1900

Lot Features

Lot Size (Acres): 0.13
Lot Size (Sq. Ft.): 5,663
Lot Size: 5663
Fencing (Description): Fenced

Financial Considerations

Operating Expenses: $16,009
Tax Amount: $6,731.64
Tax Year: 2025

Disclosures and Reports

Inclusions: First floor entry chandelier does not convey.
Property ID: 56IVYSTPROV
Lot Number: 130

Listed by Mott & Chace Sotheby's Intl.
Sold by Residential Properties Ltd

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— 56 Ivy St —

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Schools

Schools serving 56 Ivy St

School District:Providence School District

Name	Grades	Distance
Martin Luther King El. School 35 Camp Street, Providence, RI 02906	K-5	0.3 mi
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908	K-5	1.4 mi
Vartan Gregorian El. School 455 Wickenden Street, Providence, RI 02903	PK-5	1.6 mi
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906	6-8	0.4 mi
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904	6-8	1.1 mi
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908	6-8	1.6 mi
Hope High School 324 Hope Street, Providence, RI 02906	9-12	0.5 mi
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903	9-12	2 mi
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903	9-12	2 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 56 Ivy St

Date

Details

Price

Change

Source

4/23/2026

Sold

$930,000

-9.62%

MLS

2/18/2026

Listed

$1,029,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4
Beds
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Total Baths
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Sq. Ft.

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56 Ivy Street, Providence, RI 02906 (MLS# 1405134) is a Multi-Family property that was sold at $930,000 on April 23, 2026. Want to learn more about 56 Ivy Street? Do you have questions about finding other Multi-Family real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

56 Ivy St Providence, RI 02906