Rare opportunity to buy a property that makes money right out of the gate! This exceptional 4-unit Providence investment at 42 Courtland Street consists of a beautifully updated 3-family building plus a perfect separate cottage. The main 3-family building has been completely and beautifully remodeled. Each of the three units features 3 generous bedrooms and a wonderfully laid-out modern kitchen that flows seamlessly into an open living room and kitchen concept. The 4th unit is a standalone cottage that has undergone a stunning remodel. It provides 2 to 3 bedrooms and 2 full baths, both absolutely amazing in their own right. The cottage also features a fantastic master bedroom with direct access to a private outdoor deck that feels like an absolute paradise. This property is a massive income producer, currently fully rented and bringing in $9,400 monthly ($112,800 annually). Ample off-street parking is included. For buyers looking to owner-occupy or place their own tenant, the property can be purchased with one unit delivered empty. Don't miss this rare, turnkey opportunity!
For sale
$1,074,900
66 Penn St, Providence, RI 02909
11beds
4,510sqft
Multi Family
Built in 1900
-- sqft lot
$1,044,700 Zestimate®
$238/sqft
$-- HOA
What's special
- 24 days |
- 483 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Remi Lanoie 401-663-6112,
Yorway Realty
Source: StateWide MLS RI,MLS#: 1415072
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Tub & Shower
Heating
- Electric, Natural Gas, Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater, Gas Water Heater
- Laundry: Off Site
Features
- Wall (Dry Wall)
- Flooring: Laminate
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,510
- Total interior livable area: 4,510 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 3
Lot
- Size: 3,998 Square Feet
Details
- Foundation area: 1140
- Parcel number: PROVM33L45
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Federal Hill
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $864,300
- Annual tax amount: $6,525
- Date on market: 6/11/2026
- Inclusions: This sale consists of two properties: a 3-unit and a single-unit. Note that the single-unit property has no electric bill. Please reach out to the listing agent for additional details.
- Total actual rent: 9400
Estimated market value
$1,044,700
$992,000 - $1.10M
$2,976/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $1,074,900+41.4%$238/sqft |
Source:  StateWide MLS RI #1415072 Report a problem | ||
| 5/20/2024 | Sold | $760,000+8.6%$169/sqft |
Source: Public Record Report a problem | ||
| 11/6/2023 | Sold | $700,000+0%$155/sqft |
Source: StateWide MLS RI #1344615 Report a problem | ||
| 10/6/2023 | Contingent | $699,900$155/sqft |
Source: StateWide MLS RI #1344615 Report a problem | ||
| 9/25/2023 | Listed for sale | $699,900-17.7%$155/sqft |
Source: StateWide MLS RI #1344615 Report a problem | ||
| 9/24/2023 | Listing removed | -- |
Source: StateWide MLS RI #1342323 Report a problem | ||
| 8/22/2023 | Listed for sale | $850,000$188/sqft |
Source: StateWide MLS RI #1342323 Report a problem | ||
| 8/19/2023 | Listing removed | -- |
Source: StateWide MLS RI #1339960 Report a problem | ||
| 7/21/2023 | Listed for sale | $850,000-14.9%$188/sqft |
Source: StateWide MLS RI #1339960 Report a problem | ||
| 2/1/2023 | Listing removed | -- |
Source: StateWide MLS RI #1328579 Report a problem | ||
| 1/30/2023 | Listed for sale | $999,000+117.2%$222/sqft |
Source: StateWide MLS RI #1328579 Report a problem | ||
| 6/12/2019 | Listing removed | $459,900$102/sqft |
Source: Lenox Realty Group #1212678 Report a problem | ||
| 3/20/2019 | Price change | $459,900-4.2%$102/sqft |
Source: Lenox Realty Group #1212678 Report a problem | ||
| 1/9/2019 | Listed for sale | $479,900+71.4%$106/sqft |
Source: Lenox Realty Group #1212678 Report a problem | ||
| 3/2/2017 | Sold | $280,000-6.7%$62/sqft |
Source: Public Record Report a problem | ||
| 10/25/2016 | Listed for sale | $300,000+57.5%$67/sqft |
Source: Badger Realty #1139994 Report a problem | ||
| 4/29/2013 | Sold | $190,474+100.5%$42/sqft |
Source: Public Record Report a problem | ||
| 8/24/2010 | Listing removed | $95,000$21/sqft |
Source: Joy Riley #71036050 Report a problem | ||
| 2/23/2010 | Listed for sale | $95,000+131.7%$21/sqft |
Source: Joy Riley #71036050 Report a problem | ||
| 9/24/2009 | Sold | $41,000-54%$9/sqft |
Source: Agent Provided Report a problem | ||
| 7/9/2009 | Price change | $89,100+98%$20/sqft |
Source: NCI #451-087595 Report a problem | ||
| 7/2/2009 | Price change | $45,000-52.6%$10/sqft |
Source: CENTURY 21 Access America (Coventry office) #930571 Report a problem | ||
| 4/22/2009 | Listed for sale | $95,000$21/sqft |
Source: CENTURY 21 Access America (Coventry office) #930571 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,525 -26.3% | $864,300 +79.1% |
| 2024 | $8,858 | $482,700 +56.4% |
| 2023 | -- | $308,600 |
| 2022 | -- | $308,600 +8.7% |
| 2021 | -- | $284,000 |
| 2020 | -- | $284,000 |
| 2019 | -- | $284,000 +17.6% |
| 2018 | -- | $241,400 |
| 2017 | -- | $241,400 |
| 2016 | -- | $241,400 +3.5% |
| 2015 | -- | $233,300 +26.7% |
| 2011 | -- | $184,100 |
| 2010 | -- | $184,100 -28.9% |
| 2009 | -- | $259,100 |
| 2007 | $5,918 | $259,100 +61% |
| 2006 | -- | $160,900 +8.1% |
| 2005 | -- | $148,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: Federal Hill
Nearby schools
GreatSchools rating
- 4/10Asa Messer Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Central High SchoolGrades: 9-12Distance: 0.6 mi
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