38 Mitchell St in Providence's Elmwood neighborhood is a solid cash-flowing investment opportunity. This 3-family multi-unit property, situated on a corner lot offers 9 bedrooms, 3.5 bathrooms, and bonus rooms, with each unit recently updated for low maintenance and strong rental appeal. The upper unit features central air, while the lower units feature baseboard heating. A large basement provides ample storage space. The property also includes both on-street and off-street parking, plus a security system. Turnkey asset with immediate income potential in a strong rental market. Easy to show. Book an appointment today.
| MLS # | 73552307 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 64 |
| Listing Provided By | Century 21 Limitless | Alex Rocher |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,474 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | - |
| Acreage | 0.06 |
| Rooms Total | 15 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Foundation Details | Block |
|---|---|
| Lot Features | Corner Lot |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Paved Drive |
| Open Parking Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Tax Annual Amount | 4331 |
|---|---|
| Tax Assessed Value | 573700 |
| Tax Year | 2025 |
| Senior Community Yes / No | No |
|---|
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02907 |
| Area | Providence |
| Listing VS Median (in 02907) | |
Price: $782,000 low | high Med: $500,000 sqft: 3,474 low | high Med: 2,968 $ / sqft: $225 low | high Med: $168 On site: 64 low | high Med: 354 | |
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02907 |
| Area | Providence |
| Listing VS Median (in 02907) | |
Price: $782,000 low | high Med: $500,000 sqft: 3,474 low | high Med: 2,968 $ / sqft: $225 low | high Med: $168 On site: 64 low | high Med: 354 | |