New Listing - 07/15/2026


123 Laban Street, Providence, RI, 02909

123 Laban Street, Providence, RI, 02909

17 rooms

8 beds

3 Full baths

1900

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!


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

R-2

Subdivision:

Silver Lake

Garage:

No Garage

Heating:

Baseboard, Gas, Other

Cooling:

None

Basement:

Exterior Entry, Full, Interior Entry, Partially Finished

Parking:

6-car

Acreage:

0.1

Est. Taxes:

$3,515

Assessment

$275,800

Construction

Drywall,Other

Utilities

Sewer Connected

Amenities:

Highway Access, Near Schools, Public Transportation, Shopping

Days on Market:

3

Appliances:

Gas Water Heater

MLS #:

1418001


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Circle 100 Real Estate 401-336-6083