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For Sale

67 Ridge St, Providence RI 02909

Providence, RI 02909

$1.5M
11 BD · 6 BA · 5,653 sf · 0.2 ac · Built 1953
The residence

Former convent with maintenance-free brick exterior, reimagined into a documented income-producing property across three floors. Eleven bedrooms and six baths span a layout built for shared occupancy: each floor centers on a common area, with an ensuite plus additional bedrooms sharing a bath and kitchen. That structure suits group home operators, sober-living or transitional housing, student housing, and institutional buyers, as well as conventional investors. A finished lower level adds five rooms, a bath, and coin-op laundry — future expansion potential once brought into egress compliance, not part of the current bedroom count.**Documented annual income runs $174,960, spanning long-term tenancy and an active Airbnb/Cloudbeds short-term rental operation. Sold fully furnished, running near a 7.5% cap rate at the current ask.**Heart of Federal Hill, walking distance to Atwells Avenue's dining and shops, ample parking, close to downtown Providence and the train.

At a glance
Property type
3 Family
Status
Active
Year built
1953
Lot size
0.2 acres
Living area
5,653 sf
MLS#
ae4522642e752455ef19a462dd0d4227
Beds · Baths
11 · 6
Location

Providence, RI.

Providence stacks Federal and Victorian houses up College Hill above a compact downtown, with the rivers, the arts district and the restaurants of Federal Hill below.

Estimated Monthly Payment+
$7K/mo
Approximate · principal & interest only
Display Currency
$1.5M

Indicative conversion — settlement always in USD.

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Listing courtesy of Westcott Properties · MLSPIN

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Listings updated Sep 21, 2026

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