1 & 2-4 Greystone Ave North Providence, RI 02911

1 Greystone Avenue, North Providence, RI 02911

Property Information

  • For Sale $1,999,900
  • Property Type Multi-Family
  • Property Size 9,498 SF
  • Lot Size 0.43 Acre
  • # of Floors 3
  • Property Tenancy Multi-Tenant
  • Year Built 1920
  • Date Updated Jun 27, 2026

Description

11-Unit Multifamily Investment Prime North Providence

Strong investment opportunity featuring two income-producing residential properties located between Waterman Avenue and Putnam Pike near Centredale in North Providence. This portfolio offers stable in-place income, low vacancy, and immediate positive cash flow, with excellent access to Route 44 and I-295 and close proximity to the new Amazon distribution center currently under development, supporting long-term rental demand.

A rare opportunity to acquire stabilized multifamily assets with strong income and future upside in a high-demand rental market.

Property Highlights

• Consistent cash flow from day one
• Prime North Providence location near Centredale
• Convenient access to Route 44 & I-295
• Close to the new Amazon distribution center

1 Greystone Street
• 9-unit multifamily with a mix of 1- and 3-bedroom units
• Assigned on-site parking
• Coin-op laundry in basement
• Several recently upgraded units achieving market rents

2–4 Greystone Street
• Duplex with two 3-bedroom / 1-bath units
• One unit recently fully renovated with modern upgrades

• Value-add potential through future unit upgrades and rent growth

Contacts

Location

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