123 Laban Street, Providence, RI 02909

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Sold Price
$705,000
List Price
$675,000
Status
CLOSED
MLS#
1418001
Closing Date
Sep 23, 2026
Year Built
1900
Bedrooms
8
Bathrooms
3
Acres
0.10
Subdivision
Silver Lake

Property Description

Welcome to 123 Laban Street. Ideal for investors seeking robust cash flow or owner-occupants looking to offset their mortgage in a highly competitive rental market. This multi-family has been meticulously maintained and upgraded by the current owner, ensuring low capital expenditures for years to come while leaving room to build equity. The second and third floors are recently renovated and are currently generating strong market rents. The first floor offers opportunity for cosmetic updates that will force appreciation, and maximize the rent roll. The partially finished basement offers more usable space on the property. Recent updates include new vinyl siding, new gutters, two new water tanks, a 6-camera surveillance system and a repaved driveway offering plenty of off street parking. The young roof was replaced by the previous owner in 2019. This one checks all the boxes!

Additional Information

Taxes
$3,515
Lot Size
4,345
Flooring
Carpet, Ceramic Tile, Hardwood, Vinyl
Heating
Baseboard, Gas, Other
Cooling System Type
None
Sewer
Connected, Public Sewer
Water Source
Connected, Public
Appliances
Gas Water Heater
Basement
Exterior Entry, Full, Interior Entry, Partially Finished
Parking Spaces
6

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Calculator source: Real Geeks

Listing courtesy of Circle 100 Real Estate. Contact:

Selling Office: My Dream Home Realty.

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