This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$625,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Welcome to 65 Russo Street, a prime investment opportunity in a high-demand rental area. This fully occupied 6-unit residential building features all 2-bedroom, 1-bathroom units, generating over $8,000 in monthly rental income with solid long-term tenants in place. The property offers immediate cash flow and significant upside potential through value-add improvements and rental rate increases. Additionally, there is an exclusive opportunity to purchase an adjacent vacant lot ideal for future development or added amenities (inquire for more details). Whether you're looking to expand your portfolio or enter a stable rental market with growth potential, 65 Russo Street checks all the boxes. Don't miss this chance to acquire a performing asset with room to scale. Can also be sold as a package with 21 Russo St.
Full Property Details
Full Property Details for 65 Russo St
General
- Sold For: $625,000
- Taxes: $22,337 (2024)
- Status: Closed
- Type: Commercial Residential Facility
- Source: STWMLS
- MLS ID: 1385151
- Added to Site: 281 day(s) ago
Location
- County: Providence
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 3
- Year Built: 1910
Lot Features
- Lot Size (Sq. Ft.): 4,356
- Lot Size: 4356
Financial Considerations
- Operating Expenses: $33,287
- Tax Amount: $22,337
- Tax Year: 2024
- Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, Insurance, Pest Control, Repairs, Snow Removal, Sewer, Taxes, Trash Collection, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Property ID: 65RUSSOSTPROV
- Lot Number: 329
Listed by Keller Williams Leading Edge
Sold by Keller Williams Leading Edge
Get Pre-Approved Today
Schools
Schools serving 65 Russo 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 | 1.2 mi |
Martin Luther King El. School 35 Camp Street, Providence, RI 02906 | K-5 | 1.4 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 0.3 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.4 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1.7 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 1.6 mi |
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908 | 9-12 | 1.9 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 2.5 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 65 Russo St
Date
Details
Price
Change
Source
10/17/2025
Sold
$625,000
-5.3%
MLS
7/15/2025
Price Reduced
$660,000
-4.35%
MLS
6/25/2025
Price Reduced
$690,000
-4.83%
MLS
5/15/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
65 Russo Street, Providence, RI 02904 (MLS# 1385151) is a Commercial Residential Facility property that was sold at $625,000 on October 17, 2025. Want to learn more about 65 Russo Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

