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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in East Providence, RI

$ 275,000
ROI
28.5
Cash Flow/m
669- 2 Bed
- 2 Bath
- 1576 sft
81 Hazelwood Ave, East Providence, RI, 02914

Rental Income
$ 369,900
ROI
29.7
Cash Flow/m
1022- 3 Bed
- 2 Bath
- 1582 sft
7 Oakley St, East Providence, RI, 02914

$ 320,000
ROI
20.9
Cash Flow/m
105- 2 Bed
- 2 Bath
- 1188 sft
10 N County St, East Providence, RI, 02914

$ 599,900
ROI
21.1
Cash Flow/m
164- 6 Bed
- 3 Bath
- 2125 sft
164 Central Ave, East Providence, RI, 02914
Why Invest in East Providence, Rhode Island?
Multi-family properties in East Providence, RI offer strong investment potential with competitive cap rates around 6-7%. Rental yields average 5.5%, supported by steady appreciation of 8% annually. High renter occupancy at 45% ensures reliable cash flow, averaging $1,200 monthly per unit. Proximity to Providence drives demand from commuters and workforce growth. Low vacancy and quick sales make it ideal for passive income investors.
8.5%
Avg. ROI
5.5%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
8%
1Y Appreciation
Frequently Asked Questions
Cap rates for multi-family properties average 6.5%, driven by strong rental demand and limited supply. This supports steady returns for investors. Data aligns with regional housing trends.
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