For sale

$1,499,000

85 Governor St, Providence, RI 02906

6beds

3,750sqft

$9,527/mo

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Multi Family

Built in 1940

-- sqft lot

$-- Zestimate^®

$400/sqft

$-- HOA

What's special

Updated bathroomsNewer windowsNew stainless steel appliances

Lead Certified. Monthly rents $10,555 and no vacancies. Leases expire June 30, 2027. Must see SIX (6) unit multi-family house available in the College Hill neighborhood on the East Side of Providence. Within walking distance to Brown University, RISD and Thayer Street. Easy access to highways, parks, restaurants, shopping, etc. This house features a brand new whole house boiler system, a brand new whole house on demand water heater, newer windows and roof. All units have been well maintained and have hardwood floors, some units have new stainless steel appliances and updated bathrooms. This property has been lead certified. Strong steady rental income stream with long term leases. There is also a SIX (6) bay garage for added income or possible ADU(s). Property is also listed on MLS as Commercial MLS#1412337.

144 days
242
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Gas Connected, Steam

Cooling

None

Appliances

Included: Gas Water Heater, Tankless Water Heater, Dryer, Oven/Range, Refrigerator, Washer
Laundry: Common Area, In Building

Features

Wall (Plaster), Plumbing (Mixed), Ceiling Fan(s)
Flooring: Ceramic Tile, Hardwood, Laminate
Windows: Storm Window(s)
Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 4,257
Total interior livable area: 3,750 sqft

Video & virtual tour

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Property

Parking

Total spaces: 10
Parking features: Detached, Garage Door Opener
Garage spaces: 6

Features

Stories: 3
Waterfront features: River, Walk To Water

Lot

Size: 5,998 Square Feet
Features: Paved, Sidewalks

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Plaster, Masonry, Wood
Foundation: Brick/Mortar, Concrete Perimeter

Condition

New construction: No
Year built: 1940

Utilities & green energy

Electric: Circuit Breakers, Individual Meter
Sewer: Public Sewer
Water: Municipal
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Subdivision: Fox Point / College Hill

HOA

Has HOA: No

Location

Region: Providence

Financial & listing details

Price per square foot: $400/sqft
Annual tax amount: $21,986
Date on market: 5/11/2026
Inclusions: THIS PROPERTY HAS 6 UNITS. EACH UNIT HAS 1 BED, 1 FULL BATH, KITCHEN, LIVING ROOM AND IS APPROXIMATELY 625 SQ. FEET.
Total actual rent: 10555