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Pending
    • $1,074,900

    66 Penn St, Providence, RI 02909

    11beds
    4,510sqft
    : 
    $6,687/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $1,059,800 Zestimate®
    $238/sqft
    $-- HOA

    What's special

    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!
    97 days
    64
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Remi Lanoie 401-663-6112,

    Yorway Realty

    Source: StateWide MLS RI,MLS#: 1415072MLS Logo

      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

        $1,059,800

        $1.01M - $1.11M

        $2,087/mo

        Price history

        DateEventPrice
        7/13/2026Pending sale$1,074,900$238/sqft
        Source: StateWide MLS RI #1415072 Report a problem
        6/19/2026Listed for sale$1,074,900+41.4%$238/sqft
        Source: StateWide MLS RI #1415072 Report a problem
        5/20/2024Sold$760,000+8.6%$169/sqft
        Source: Public Record Report a problem
        11/6/2023Sold$700,000+0%$155/sqft
        Source: StateWide MLS RI #1344615 Report a problem
        10/6/2023Contingent$699,900$155/sqft
        Source: StateWide MLS RI #1344615 Report a problem
        9/25/2023Listed for sale$699,900-17.7%$155/sqft
        Source: StateWide MLS RI #1344615 Report a problem
        9/24/2023Listing removed--
        Source: StateWide MLS RI #1342323 Report a problem
        8/22/2023Listed for sale$850,000$188/sqft
        Source: StateWide MLS RI #1342323 Report a problem
        8/19/2023Listing removed--
        Source: StateWide MLS RI #1339960 Report a problem
        7/21/2023Listed for sale$850,000-14.9%$188/sqft
        Source: StateWide MLS RI #1339960 Report a problem
        2/1/2023Listing removed--
        Source: StateWide MLS RI #1328579 Report a problem
        1/30/2023Listed for sale$999,000+117.2%$222/sqft
        Source: StateWide MLS RI #1328579 Report a problem
        6/12/2019Listing removed$459,900$102/sqft
        Source: Lenox Realty Group #1212678 Report a problem
        3/20/2019Price change$459,900-4.2%$102/sqft
        Source: Lenox Realty Group #1212678 Report a problem
        1/9/2019Listed for sale$479,900+71.4%$106/sqft
        Source: Lenox Realty Group #1212678 Report a problem
        3/2/2017Sold$280,000-6.7%$62/sqft
        Source: Public Record Report a problem
        10/25/2016Listed for sale$300,000+57.5%$67/sqft
        Source: Badger Realty #1139994 Report a problem
        4/29/2013Sold$190,474+100.5%$42/sqft
        Source: Public Record Report a problem
        8/24/2010Listing removed$95,000$21/sqft
        Source: Joy Riley #71036050 Report a problem
        2/23/2010Listed for sale$95,000+131.7%$21/sqft
        Source: Joy Riley #71036050 Report a problem
        9/24/2009Sold$41,000-54%$9/sqft
        Source: Agent Provided Report a problem
        7/9/2009Price change$89,100+98%$20/sqft
        Source: NCI #451-087595 Report a problem
        7/2/2009Price change$45,000-52.6%$10/sqft
        Source: CENTURY 21 Access America (Coventry office) #930571 Report a problem
        4/22/2009Listed for sale$95,000$21/sqft
        Source: CENTURY 21 Access America (Coventry office) #930571 Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Federal Hill

        Getting around

        95 / 100
        Walker's Paradise
        54 / 100
        Good Transit

        Nearby schools

        GreatSchools rating

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