$750,000

60 Purchase Street, East Providence, RI 02914

9 beds |
3 baths |
2,400 sqft

Multi-Family Home
Built in 1900
5,001sqft lot
3 car garage
$313/sqft
Listed 15 days ago

Property Description

NEW PRICE! Discover this exceptional 3 Family Home, perfectly situated just a mile from East Side of Providence and within close proximity to prestigious institutions such as Brown University, Providence College, RI College, and major medical facilities, enhancing the appeal for healthcare professionals and students alike. . This property has three bedrooms on each floor and additional income exists with a finished basement that could be incorporated into the first-floor apartment with separate laundry area with coin operated washer dryer that brings in additional income of 300-500/monthly which significantly increasing rental revenue. There are 9 off street parking areas in addition to the 3bay garage that offers further income potential, with an estimated rental income of $300 per month for each bay or 4 compact cars for an additional $300, making it an attractive opportunity perfect for collectors. This showroom garage has electric/heat/cable/ alarm, tiled floor, and power doors. Above the garage, there are three unfinished rooms that present an opportunity for renovation, increasing the property’s value and rental income. This property is a rare find with immense potential for growth and profitability. Whether you’re looking to expand your investment portfolio or seeking a residence that can generate income, this 3 family is a fantastic opportunity!

Listing Status:: Active
Date Added:: December 3, 2025 at 06:00AM
Listing Office:: Lamacchia Realty, Inc : 401-437-2030
MLS ID:: 1400724

General: Stall Shower
Appliances: DryerGas Water HeaterOvenRangeRefrigeratorWater HeaterWasher
Laundry: Common Area
Basement: Exterior EntryFullInterior EntryPartially Finished
Flooring: CarpetCeramic TileHardwoodVinyl
A/C: None
Heating: GasOtherSteam
Fireplace: Fireplaces: 0

General: Paved Driveway
Parking: DetachedGarageParking spaces: 12

General: PlasterWood SidingVinyl Siding3

Originating MLS: RIS_RIS
County: Providence

Zoning: R660PURCHASESTEPRO

Utilities: Sewer Connected100 Amp Service
Water: ConnectedPublic
Sewer: ConnectedPublic Sewer

Source: RIS_RIS

This listing courtesy of Lamacchia Realty, Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hennessey School

75 Fort St, East Providence, RI, 02914

Grades KG-5

0.49 miles away

Edward R. Martin Middle School

111 Brown St, East Providence, RI, 02914

Grades 6-8

1.01 miles away

East Providence High School

2000 Pawtucket Ave, East Providence, RI, 02914

Grades 9-12

1.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.