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!
Basement: Full,Interior and Exterior,Partially Finished
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 2,322
Total interior livable area: 2,319 sqft
Property
Parking
Total spaces: 6
Parking features: No Garage
Features
Stories: 3
Lot
Size: 4,342 Square Feet
Details
Parcel number: PROVM107L335
Zoning: R-2
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Dry Wall, Other Siding
Condition
New construction: No
Year built: 1900
Utilities & green energy
Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
Features: Near Public Transport, Commuter Bus, Highway Access, Interstate, Public School, Schools, Near Shopping
Subdivision: Silver Lake
HOA
Has HOA: No
Location
Region: Providence
Financial & listing details
Price per square foot: $291/sqft
Tax assessed value: $465,600
Annual tax amount: $3,515
Date on market: 7/15/2026
Inclusions: Property taxes reflect homestead exemption. Otherwise, the property taxes are $6, 518.40. Filter system is personal property and will be removed before closing. Seller reserves the right to accept an offer at any time.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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