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  • $1,000,000

    7 Newton St, Providence, RI 02903

    11beds
    3,600sqft
    : 
    $6,425/mo
    Get pre-qualified
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $278/sqft
    $-- HOA

    What's special

    City views
    Rare Federal Hill 4-unit, same owner since 1976. Owner-occupy one apartment and let three rents help carry the mortgage or add a below-market-rent value-add to your portfolio. This 1920 building offers two 4-bedroom apartments (2nd and 3rd floors, with city views, a 2-bedroom, and a 1-bedroom, 11 bedrooms in all. The 1st floor 2-bedroom will be delivered vacant at closing. The other three units are rented month-to-month, and tenants pay their own gas and electric. Heating is individual to each unit (hot-water baseboard in one, gas-fired and electric in the others), and all heating systems were serviced for the season. Individual gas hot water heaters, electrical panels upgraded in 2014, new electrical service lines and meters installed spring 2026, and an addressable fire alarm system serviced twice a year. Lead inspection passed November 2026; certificate and report available on request. Rents are below market. Atwells Avenue is right outside your door, with restaurants within 175 feet. Within walking distance of downtown: 0.3 mile to the arena and 0.7 mile to the performing arts center, with hotels, restaurants, galleries, and event venues nearby, plus DePasquale Square close by. Showings by appointment with tenant notice. Please do not disturb occupants.
    3 days
    280
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe McCarthy 401-487-1510,

    August Associates, LLC

    Source: StateWide MLS RI,MLS#: 1427612MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Bathroom
      • Features: Bath w Tub & Shower
      Heating
      • Electric, Natural Gas, Baseboard, Gas on Gas, Space Heater
      Cooling
      • None
      Appliances
      • Included: Exhaust Fan, Refrigerator, Gas Water Heater
      • Laundry: In Building
      Features
      • Wall (Cermaic), Wall (Paneled), Wall (Plaster), Plumbing (Copper), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
      • Flooring: Ceramic Tile, Vinyl, Carpet
      • Windows: Insulated Windows
      • Basement: Full,Interior Entry,Unfinished,Laundry
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 3,638
      • Total interior livable area: 3,600 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: No Garage, Driveway
      • Has uncovered spaces: Yes
      Features
      • Stories: 3
      Lot
      • Size: 1,742 Square Feet
      • Features: Paved, Sidewalks
      Details
      • Foundation area: 1216
      • Parcel number: 7NEWTONSTPROV

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Ceramic, Paneled, Plaster, Vinyl Siding
      • Foundation: Mixed, Stone
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Electric: 100 Amp Service, Circuit Breakers, Individual Meter
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Restaurants, Schools, Near Shopping
      • Subdivision: Federal Hill
      HOA
      • Has HOA: No
      Location
      • Region: Providence

      Financial & listing details

      • Price per square foot: $278/sqft
      • Annual tax amount: $4,811
      • Date on market: 11/5/2026
      • Inclusions: Lead Safe Certificates are in process. Results indicated safe levels. All tenants are month to month. Cap rates are available upon request. Taxes reflect owner occupied rate plus an additional exemption. Roof replaced 2025.
      • Total actual rent: 3750
      • Tenant pays: Hot Water, Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/5/2026Listed for sale$1,000,000$278/sqft
        Source: StateWide MLS RI #1427612 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

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        Payment breakdown

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        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

        96 / 100
        Walker's Paradise
        72 / 100
        Excellent Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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