Charming Multi-Unit Property in Prime Federal Hill Location! Welcome to 16 Albro St, Providence, RI, a fantastic investment opportunity nestled in the heart of Federal Hill—one of the city's most vibrant and sought-after neighborhoods! This three-unit property offers two-bedroom apartments on each floor, providing comfortable and versatile living spaces. Conveniently located near renowned restaurants, entertainment, and shopping, this property ensures tenants enjoy the best of city living. With easy highway access, commuting is a breeze. The first and third floors have been beautifully renovated, adding modern appeal while maintaining the charm of this classic home. Additional highlights include: ? Off-street parking for added convenience ? Strong rental potential in a high-demand area ? Proximity to downtown Providence, parks, and public transit Don’t miss out on this incredible opportunity to own a well-maintained income-generating property in one of Providence’s most dynamic areas!
Sold for $775,000
$775,000
16 Albro St, Providence, RI 02903
6beds
3,000sqft
Multi Family
Built in 1920
-- sqft lot
$819,700 Zestimate®
$258/sqft
$2,851 Estimated rent
Home value
$819,700
$721,000 - $926,000
$2,851/mo
Zestimate® history
Owner options
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$2,851/mo
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$3,993/mo
Est. payment
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$3,993/mo
Est. payment
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List your homeWhat's special
Off-street parkingVersatile living spacesModern appeal
Zillow last checked:
Listing updated:
Listed by:
Jeffrey Infante 401-678-9115,
Real Broker, LLC
Bought with:
The Mathew J. Arruda Group
Compass
Mathew Arruda, REB.0018803
Compass
Source: StateWide MLS RI,MLS#: 1378733
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: In Building
Features
- Flooring: Ceramic Tile, Vinyl
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,900
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: No Garage
Lot
- Size: 3,201 sqft
Details
- Parcel number: PROVM28L1030
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Providence
- Subdivision: Federal Hill
HOA & financial
Other financial information
- Total actual rent: 7100
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $775,000+3.3%$258/sqft |
Source:  StateWide MLS RI #1378733 Report a problem | ||
| 4/16/2025 | Pending sale | $749,999$250/sqft |
Source: StateWide MLS RI #1378733 Report a problem | ||
| 2/28/2025 | Listed for sale | $749,999+207.4%$250/sqft |
Source: StateWide MLS RI #1378733 Report a problem | ||
| 2/16/2021 | Sold | $244,000+22.1%$81/sqft |
Source: Public Record Report a problem | ||
| 8/17/2017 | Listing removed | $199,900$67/sqft |
Source: Nathan Clark & Associates #1170502 Report a problem | ||
| 8/11/2017 | Listed for sale | $199,900$67/sqft |
Source: Nathan Clark & Associates #1170502 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,251 -43.2% | $563,000 +38.1% |
| 2024 | $7,483 +3.1% | $407,800 |
| 2023 | $7,259 | $407,800 |
| 2022 | $7,259 +25.9% | $407,800 +73.8% |
| 2021 | $5,764 +94.8% | $234,700 |
| 2020 | $2,960 0% | $234,700 |
| 2019 | $2,960 +43.2% | $234,700 +71.9% |
| 2018 | $2,067 -52.6% | $136,500 |
| 2017 | $4,363 | $136,500 |
| 2016 | $4,363 +6.9% | $136,500 +10.7% |
| 2015 | $4,081 -1.9% | $123,300 |
| 2013 | $4,161 -19.3% | $123,300 -23.7% |
| 2012 | $5,153 | $161,600 |
| 2011 | $5,153 +5% | $161,600 |
| 2010 | $4,909 -27.3% | $161,600 -42% |
| 2009 | $6,750 +6% | $278,800 |
| 2007 | $6,368 +0.4% | $278,800 +32.9% |
| 2006 | $6,342 | $209,800 |
| 2005 | $6,342 | $209,800 |
Find assessor info on the county website
Neighborhood: Federal Hill
Nearby schools
GreatSchools rating
- 4/10Asa Messer Elementary SchoolGrades: PK-4Distance: 0.8 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Central High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$819,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$819,700
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