23 Whitehall St

4,589 Sq. Ft.
$218 / Sq. Ft.
4,589
Sq. Ft.
$218
per Sq. Ft.

Description

Turnkey 7-unit compound with significant upside in a strong Providence rental market. The asset consists of a 6-unit main building featuring (6) one-bed, one-bath units with gas baseboard heat, plus a detached ~989 SF cottage offering a 2-bed, 1-bath layout with electric baseboard heat. Ownership has completed all major capital improvements, including upgraded boilers and hot water systems, minimizing near-term capex. The property is professionally managed and benefits from tenant-paid utilities,...Turnkey 7-unit compound with significant upside in a strong Providence rental market. The asset consists of a 6-unit main building featuring (6) one-bed, one-bath units with gas baseboard heat, plus a detached ~989 SF cottage offering a 2-bed, 1-bath layout with electric baseboard heat. Ownership has completed all major capital improvements, including upgraded boilers and hot water systems, minimizing near-term capex. The property is professionally managed and benefits from tenant-paid utilities, creating an efficient and predictable expense structure. Off-street parking adds to tenant appeal and retention. Current gross income is $98,448, with a pro forma of $111,600, driven by below-market rents, presenting a clear and immediate value-add opportunity. This is a stabilized, income-producing asset with operational upside—ideal for investors seeking strong in-place cash flow with the ability to increase yield through rent growth.
  1. Listed by Donald Martone • BOND BROKERAGE

Property Details for 23 Whitehall Street

Town
Providence
Area
RI-Providence
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 05/02/2026 03:10 AM

Property Details for 23 Whitehall Street

StatusActive
MLS #73508855
Days on Market19
Taxes$12,324 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyProvidence County

Location

Listing Courtesy of BOND BROKERAGE
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Building Information for 23 Whitehall Street

Stories3Residences7Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$6,057 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,030

Property Taxes

$1,027

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 23 Whitehall Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
  • Living Area: 4589.0
  • Color: Gray/Blue
  • SqFt with Basement: No
  • Total Units: 7
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Num of Baths: 7.0
  • Num of Full Baths: 7
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Integer: 7
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Lot Description: Sloped
  • Roof Material: Rubber, Asphalt/Composition Shingles
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Tandem, Common
  • Parking Features: Off-Street, Tandem, Common
  • Parking Features: Off-Street, Tandem, Common
Utilities
  • Electric: Circuit Breakers, 150 Amp Service, Individually Metered
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Surface Type: Paved
Tax Information
  • Tax ID: 592345
  • Assessments: $474,000
  • Book: 0
  • Lot: 278
  • Map: 105
  • Tax Year: 2025
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block, Stone
  • Levels: 3
Income / Expenses
  • Annual Expenses Source: Owner, Pro. Forma Available
  • GOI: $111,600.00
  • NOI: $111,552.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,296.00

Property History for 23 Whitehall Street

DateEvent & SourcePriceAppreciation
Apr 28, 2026

Listed (Active)

MLS PIN #73508855

$999,000
Apr 13, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1409853

$999,000
Mar 6, 2018

Sold (Public Record)

Public Record #617901065

$9,926

+23.5% / yr

DateEvent & SourcePrice
04/28/2026

Listed (Active)

MLS PIN #73508855

$999,000
04/13/2026

Listed (Active)

Rhode Island Association of REALTORS® #1409853

$999,000
03/06/2018

Sold (Public Record)

Public Record #617901065

$9,926

+23.5% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23 Whitehall Street

Taxable ValueLand$77,000Additions$397,000Total$474,000
Tax Record2025$12,324 ($1,027 / month)
Home Facts
Lot Size5,176 SqFtStyleMulti-Family Res (5+ Units)ZoningR-3CountyPROVIDENCEAPNPROV M:105 L:278

Schools near 23 Whitehall Street

This home is within Providence School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 8
Public - 9 to 12
Public - K to 1
Rating
School
Distance
Webster Avenue School
PublicK to 5

West Broadway Middle School
Public5 to 8

Providence Career and Technical School
Public9 to 12

ASA Messer Annex
PublicK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

23 Whitehall Street is a multi-family home for sale in Providence, RI 02909. This property was listed for sale on April 28, 2026 by BOND BROKERAGE, it's currently listed at $999,000. It has been on the market for a total of 19 days and was last sold on March 6, 2018. This listing's school district is Providence School District. Nearby schools include Webster Avenue School, West Broadway Middle School and Providence Career and Technical School. 23 Whitehall Street is a 8-bed, 7-bath, 4,589 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BOND BROKERAGE

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.