Located between Atwells Avenue & Broadway, 98 Penn Street offers a prime opportunity to experience the vibrant & eclectic West Side of Providence. This legal three-family property features three well-appointed two-bedroom, one-bath units, each with hardwood floors & architectural details that add to the home’s character. ** The interiors & mechanicals have been updated, while long-term tenancy has kept rents below market value, presenting significant upside potential. Each unit offers a functional layout with well-proportioned rooms, maintaining a balance of charm & modern convenience.** Ideally situated with easy access to downtown, the East Side, hospitals, highways, & within walking distance to the train station, this property is well-positioned for both investors & owner-occupants seeking a strong location & long-term value.
For sale
$699,000
98 Penn St, Providence, RI 02909
6beds
2,556sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$697,500 Zestimate®
$273/sqft
$-- HOA
What's special
Functional layoutArchitectural detailsHardwood floorsWell-proportioned rooms
- 79 days
- on Zillow |
- 370 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 12:31pm
Listed by:
Joy Riley,
Westcott Properties
Source: StateWide MLS RI,MLS#: 1375616

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Full,Walk-Out Access,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,043
- Total interior livable area: 2,556 sqft
Property
Parking
- Total spaces: 1
- Parking features: No Garage
Lot
- Size: 1,742.4 Square Feet
Details
- Parcel number: PROVM33L221
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingles, Wood
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Highway Access, Recreational Facilities, Restaurants, Schools, Near Shopping
- Subdivision: West Side/ Federal Hill
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $273/sqft
- Tax assessed value: $418,200
- Annual tax amount: $7,674
- Date on market: 2/25/2025
- Inclusions: Also see adjacent property & portfolio package deal consisting of 3 multi-family properties: MLS Number 1375614 & 1381325
- Total actual rent: 4775
- Tenant pays: Heat
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