Contacts
REMAX Revolution
Property Details
- Property Type Multi-Family
- Property Size 9,498 SF
- Lot Size 0.43 Acre
- # of Floors 3
- Property Tenancy Multi-Tenant
- Year Built 1920
- Date Updated Sep 26, 2026
11-Unit Multifamily Investment Prime North Providence
Strong investment opportunity featuring two income-producing residential properties located between Waterman Avenue and Putnam Pike near Centredale in North Providence. This portfolio offers stable in-place income, low vacancy, and immediate positive cash flow, with excellent access to Route 44 and I-295 and close proximity to the new Amazon distribution center currently under development, supporting long-term rental demand.
A rare opportunity to acquire stabilized multifamily assets with strong income and future upside in a high-demand rental market.
Property Highlights
• Consistent cash flow from day one
• Prime North Providence location near Centredale
• Convenient access to Route 44 & I-295
• Close to the new Amazon distribution center
1 Greystone Street
• 9-unit multifamily with a mix of 1- and 3-bedroom units
• Assigned on-site parking
• Coin-op laundry in basement
• Several recently upgraded units achieving market rents
2–4 Greystone Street
• Duplex with two 3-bedroom / 1-bath units
• One unit recently fully renovated with modern upgrades
• Value-add potential through future unit upgrades and rent growth
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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51/100
Walk Score ®
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36/100
Bike Score ®
Location
- City North Providence, RI
- Neighborhood Greystone
- Zip Code 02911
- Market Providence
Points of Interest
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Providence
4.77 miles
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Pawtucket/Central Falls
5.22 miles
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Woonsocket Depot. Polar Express Train Station
9.59 miles
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T. F. Green Airport
9.91 miles
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Sunoco
0.26 miles
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Speedway
0.83 miles
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Solar Gas
1.18 miles
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Cumberland Farms
1.22 miles
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LaSalle Mobil
2.78 miles
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Shell Gas station
3.04 miles
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Shell
3.23 miles
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ChargePoint
4.47 miles
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eVgo
9.48 miles
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Tesla Superchargers
9.64 miles
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Peter Randall State Park
1.02 miles
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Lot H
2.02 miles
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Lot U
2.05 miles
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Lot G
2.07 miles
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Lot J
2.09 miles
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Lot T
2.09 miles
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Lot I
2.10 miles
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Lot Q
2.10 miles
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Lot F
2.11 miles
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Lot K
2.16 miles
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The Alpine Motel
1.95 miles
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Home2 Suites
3.57 miles
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Hampton Inn & Suites Providence/Smithfield
3.60 miles
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Holiday Inn Express & Suites Smithfield
3.99 miles
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Christopher Dodge House
4.47 miles
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Providence Marriott Downtown
4.55 miles
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Renaissance Providence Downtown Hotel
4.60 miles
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Hilton Providence
4.79 miles
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Omni Providence Hotel
4.80 miles
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Courtyard Providence Downtown
4.85 miles
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Kohl's
1.48 miles
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Dave's Marketplace
1.50 miles
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The Crossing at Smithfield
1.57 miles
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Target
1.62 miles
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LaBrie Dance
1.66 miles
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TJ Maxx
1.99 miles
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Stop & Shop
2.13 miles
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Shaw's
2.38 miles
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Ocean State Job Lot
2.84 miles
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Save-A-Lot
3.34 miles
REMAX Revolution