New Listing - 07/15/2026
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