Property Description

Welcome to this charming historic home located in the heart of College Hill, one of Providence’s most sought-after neighborhoods. The property comprises three units, each showcasing high ceilings, expansive windows with lots of natural light, and maintained hardwood floors. The first-floor unit offers 3 bedrooms and 1.5 bathrooms, the second-floor unit offers 3 bedrooms and 1 bathroom, and the third-floor unit features 2 bedrooms and 1 bathroom. The exterior offers a stone patio and off-street parking, a rare find on the East Side. Its prime location allows easy walking access to Brown University, RISD, Prospect Park, Downtown Providence, and a variety of local shops, cafes, and restaurants. Given its desirable location, this property presents an ideal opportunity for a 1031 exchange or investment property, attracting a steady stream of potential tenants such as students, professionals, and faculty. Proximity to transit options like MBTA, Amtrak, and RIPTA adds to its convenience. With its prime location, historical charm, and promising rental income potential, 150 Prospect Street offers an outstanding investment or homeownership opportunity in one of Providence’s most vibrant and prestigious areas. A few modern updates could further enhance its appeal and value, making it an even more lucrative investment. Seize the opportunity to own a piece of College Hill history today!

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Amanda Bruneau