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$599,900
21 Days On Site

38 40 Vine Street
East Providence, RI 02914

For Sale|Multi Family|Pending
7
Beds
3
Total Baths
3
Full Baths
2,736
SqFt
$219
/SqFt
1920
Built
County:
Providence
38 40 Vine Street38 40 Vine Street38 40 Vine Street38 40 Vine Street
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Monthly Payment (Est.)

$2,737
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Calling all owner occupants or savvy investors. This 3 family in the heart of East Providence is a don't miss! Amazing rental history on this fully occupied turnkey property is ready to make you money from day one without any effort. Two units are tenant at will and one with a year long lease. This property offers new kitchens, baths, laminate flooring, and clean modern units comprised of two 2 bedroom units and one 3 bedroom unit. Heating systems throughout have been upgraded, commercial washer and dryer, 2 storage units for additional income, and ample off street parking. Best of all the owners will have brought this property into new RI regulatory standards with lead compliance certs for each unit and all units registered with the state of RI prior to closing. As of Oct 2024 all properties must have this...but VERY few do! Whether you are a savvy investor looking for predictable and easy cashflow or just jumping into the investment market do not miss out on this gem.

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Listing Snapshot
Price 
$599,900
Days On Site 
21 Days
Bedrooms 
7
Inside Area (SqFt) 
2,736 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1920
MLS® Number 
1389562
Status 
Pending
Property Tax 
$5,502
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Pending
3 weeks agoListing first seen on site
General Features
Acres 
0.1
Foundation 
Concrete Perimeter
Number Of Stories 
3
Parking 
PavedNo Garage
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
2736
SqFt Total 
2736
Utilities 
Cable AvailableSewer Connected
Water Source 
Public
Interior Features
Appliances 
Gas Water HeaterMicrowaveOvenRangeRefrigerator
Basement 
FullInterior EntryUnfinished
Cooling 
NoneWindow Unit(s)
Fireplace Features 
None
Flooring 
Laminate
Heating 
Natural GasBaseboardForced AirSpace Heater
Laundry Features 
Common Area
Window Features 
Storm Window(s)
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Exterior Features
Construction Details 
PlasterAluminum SidingBrick
Fencing 
Fenced
Patio And Porch 
Porch
Windows/Doors 
Storm Window(s)
Community Features
Community Features 
GolfRestaurantSidewalks
Listing courtesy of Reza Lashkari of Real Broker, LLC 5086495646



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-07-31 10:24 AM UTC

Neighborhood & Commute
Source: Walkscore
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