98 Penn St

Providence, RI 02909

$699,000
Price
6
Beds
2,043 Sq. Ft.
$342 / Sq. Ft.
2,043
Sq. Ft.
$342
per Sq. Ft.

Description

Located between Atwells Avenue & Broadway, 98 Penn Street offers a prime opportunity to experience the vibrant & eclectic West Side of Providence. This legal three-family property features three well-appointed two-bedroom, one-bath units, each with hardwood floors & architectural details that add to the home's character. The interiors & mechanicals have been updated, while long-term tenancy has kept rents below market value, presenting significant upside potential. Each unit offers a functional layout...Located between Atwells Avenue & Broadway, 98 Penn Street offers a prime opportunity to experience the vibrant & eclectic West Side of Providence. This legal three-family property features three well-appointed two-bedroom, one-bath units, each with hardwood floors & architectural details that add to the home's character. The interiors & mechanicals have been updated, while long-term tenancy has kept rents below market value, presenting significant upside potential. Each unit offers a functional layout with well-proportioned rooms, maintaining a balance of charm & modern convenience. Ideally situated with easy access to downtown, the East Side, hospitals, highways, & within walking distance to the train station, this property is well-positioned for both investors & owner-occupants seeking a strong location & long-term value.
  1. Listed by Joy Riley • Brokerage DRE #REB.0012495 • Westcott Properties • Joyeriley@gmail.com

Property Details for 98 Penn Street

Subdivision Name
West Side/ Federal Hill
LISTING UPDATED: 12/24/2025 11:07 AM

Property Details for 98 Penn Street

StatusActive
MLS #1375616
Days on Market314
Taxes$7,674 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 3 Family
Year Built1920
Lot Size0.04 AC / 1,742 SF
CountyProvidence County

Location

Listing Courtesy of Westcott Properties
Add your commute

Building Information for 98 Penn Street

Stories-Residences3Year Built1920Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$4,046 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,407

Property Taxes

$640

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 98 Penn Street

Summary
Location and General Information
  • City: Providence
  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Country: US
  • Directions: MAPQUEST
  • Postal City: Providence
  • Postal Code: 02909
  • Postal Code Plus4: 1361
  • State Or Province: RI
  • Zoning: R-3
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Open Parking Y N: Yes
  • Parking Features: No Garage
  • Parking Total: 1
Taxes and HOA Information
  • Tax Annual Amount: $7,674.00
  • Tax Assessed Value: 418200
  • Tax Book Number: 11442
  • Tax Lot: 221
  • Tax Map Number: 33
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 2043.0
  • Building Area Total: 2043.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Living Area Source: Public Records
  • Lot Size Acres: 0.04
  • Lot Size Area: 1742.0
  • Lot Size Square Feet: 1742.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 98PENNSTPROV
  • Stories Total: 0
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1920
  • Year Built Details: Actual
  • Year Built Source: Public Records
  • C L I P: 1,566,643,912
Utilities
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Full, Unfinished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Levels: 3
  • Rooms Total: 15
  • Spa Y N: No
Multi Family
Income & Expenses Information
  • Gross Income: $57,300.00
  • Net Operating Income: $57,300.00
  • Operating Expense: $12,233.00
Unit 1 Information
  • Actual Rent: $1,500.00
  • Type: TwoBedroom
  • Unit Type Area: 800.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,650.00
  • Type: TwoBedroom
  • Unit Type Area: 878.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $.00
  • Type: TwoBedroom
  • Occupant Type: Vacant
  • Unit Type Area: 878.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No
  • Total Actual Rent: $4,775.00

Property History for 98 Penn Street

DateEvent & SourcePriceAppreciation
Sep 30, 2025

Temporarily Off Market

MLS PIN #73338259

$699,000—
Feb 25, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1375616

$699,000—
Feb 25, 2025

Listed (Active)

MLS PIN #73338259

$699,000—
Jul 15, 2016

Sold

Rhode Island Association of REALTORS® #1112919

$195,000—
Jun 28, 2016

Contract Signed

Rhode Island Association of REALTORS® #1112919

—
Nov 19, 2015

Listed (Active)

Rhode Island Association of REALTORS® #1112919

$195,000—
Nov 17, 2015

Permanently Off Market

Rhode Island Association of REALTORS® #1099409

—
Jun 12, 2015

Listed (Active)

Rhode Island Association of REALTORS® #1099409

$224,900—
Jun 10, 2015

Permanently Off Market

Rhode Island Association of REALTORS® #1082083

—
Oct 24, 2014

Listed (Active)

Rhode Island Association of REALTORS® #1082083

$224,900—
Oct 16, 2014

Permanently Off Market

Rhode Island Association of REALTORS® #1050861

—
Sep 12, 2013

Permanently Off Market

Rhode Island Association of REALTORS® #1046292

—
Sep 12, 2013

Listed (Active)

Rhode Island Association of REALTORS® #1050861

$220,000—
Jul 17, 2013

Listed (Active)

Rhode Island Association of REALTORS® #1046292

$235,000—
Apr 5, 2013

Sold (Public Record)

Public Record #351802290

$50,000

-18.6% / yr

Jun 14, 2010

Temporarily Off Market

Rhode Island Association of REALTORS® #966746

—
May 14, 2010

Listed (Active)

Rhode Island Association of REALTORS® #966746

$59,900—
Aug 9, 2009

Permanently Off Market

Rhode Island Association of REALTORS® #943171

—
Jun 22, 2009

Permanently Off Market

Rhode Island Association of REALTORS® #941311

—
Jun 22, 2009

Listed (Active)

Rhode Island Association of REALTORS® #943171

$59,900—
May 29, 2009

Listed (Active)

Rhode Island Association of REALTORS® #941311

$125,900—
Mar 4, 2009

Sold

Rhode Island Association of REALTORS® #930701

$37,500—
Feb 17, 2009

Contract Signed

Rhode Island Association of REALTORS® #930701

—
Jan 11, 2009

Listed (Active)

Rhode Island Association of REALTORS® #930701

$54,900—
Dec 10, 2008

Permanently Off Market

Rhode Island Association of REALTORS® #857574

—
Nov 10, 2008

Listed (Active)

Rhode Island Association of REALTORS® #857574

$98,500—
Sep 19, 2007

Permanently Off Market

Rhode Island Association of REALTORS® #747538

—
Jun 21, 2007

Listed (Active)

Rhode Island Association of REALTORS® #747538

$230,000—
Jun 19, 2007

Permanently Off Market

Rhode Island Association of REALTORS® #733043

—
Feb 1, 2007

Listed (Active)

Rhode Island Association of REALTORS® #733043

$237,500—
Mar 31, 2006

Sold (Public Record)

Public Record #194303188

$212,000

+17.0% / yr

Mar 30, 2006

Sold

Rhode Island Association of REALTORS® #544738

$212,000—
Feb 13, 2006

Contract Signed

Rhode Island Association of REALTORS® #544738

—
Jul 1, 2005

Listed (Active)

Rhode Island Association of REALTORS® #544738

$269,000—
Aug 13, 2002

Sold (Public Record)

Public Record #171257490

$120,000—
Aug 12, 2002

Sold

Rhode Island Association of REALTORS® #208385

$120,000—
Jun 22, 2002

Contract Signed

Rhode Island Association of REALTORS® #208385

—
Jun 17, 2002

Permanently Off Market

Rhode Island Association of REALTORS® #208293

—
Jun 17, 2002

Listed (Active)

Rhode Island Association of REALTORS® #208385

$149,900—
Jun 14, 2002

Listed (Active)

Rhode Island Association of REALTORS® #208293

$129,900—
Sep 22, 1995

Sold

Rhode Island Association of REALTORS® #515066

$3,000—
Jul 26, 1995

Contract Signed

Rhode Island Association of REALTORS® #515066

—
Jul 26, 1995

Listed (Active)

Rhode Island Association of REALTORS® #515066

$35,000—
DateEvent & SourcePrice
09/30/2025

Temporarily Off Market

MLS PIN #73338259

$699,000
02/25/2025

Listed (Active)

Rhode Island Association of REALTORS® #1375616

$699,000
02/25/2025

Listed (Active)

MLS PIN #73338259

$699,000
07/15/2016

Sold

Rhode Island Association of REALTORS® #1112919

$195,000
06/28/2016

Contract Signed

Rhode Island Association of REALTORS® #1112919

—
11/19/2015

Listed (Active)

Rhode Island Association of REALTORS® #1112919

$195,000
11/17/2015

Permanently Off Market

Rhode Island Association of REALTORS® #1099409

—
06/12/2015

Listed (Active)

Rhode Island Association of REALTORS® #1099409

$224,900
06/10/2015

Permanently Off Market

Rhode Island Association of REALTORS® #1082083

—
10/24/2014

Listed (Active)

Rhode Island Association of REALTORS® #1082083

$224,900
10/16/2014

Permanently Off Market

Rhode Island Association of REALTORS® #1050861

—
09/12/2013

Permanently Off Market

Rhode Island Association of REALTORS® #1046292

—
09/12/2013

Listed (Active)

Rhode Island Association of REALTORS® #1050861

$220,000
07/17/2013

Listed (Active)

Rhode Island Association of REALTORS® #1046292

$235,000
04/05/2013

Sold (Public Record)

Public Record #351802290

$50,000

-18.6% / yr

06/14/2010

Temporarily Off Market

Rhode Island Association of REALTORS® #966746

—
05/14/2010

Listed (Active)

Rhode Island Association of REALTORS® #966746

$59,900
08/09/2009

Permanently Off Market

Rhode Island Association of REALTORS® #943171

—
06/22/2009

Permanently Off Market

Rhode Island Association of REALTORS® #941311

—
06/22/2009

Listed (Active)

Rhode Island Association of REALTORS® #943171

$59,900
05/29/2009

Listed (Active)

Rhode Island Association of REALTORS® #941311

$125,900
03/04/2009

Sold

Rhode Island Association of REALTORS® #930701

$37,500
02/17/2009

Contract Signed

Rhode Island Association of REALTORS® #930701

—
01/11/2009

Listed (Active)

Rhode Island Association of REALTORS® #930701

$54,900
12/10/2008

Permanently Off Market

Rhode Island Association of REALTORS® #857574

—
11/10/2008

Listed (Active)

Rhode Island Association of REALTORS® #857574

$98,500
09/19/2007

Permanently Off Market

Rhode Island Association of REALTORS® #747538

—
06/21/2007

Listed (Active)

Rhode Island Association of REALTORS® #747538

$230,000
06/19/2007

Permanently Off Market

Rhode Island Association of REALTORS® #733043

—
02/01/2007

Listed (Active)

Rhode Island Association of REALTORS® #733043

$237,500
03/31/2006

Sold (Public Record)

Public Record #194303188

$212,000

+17.0% / yr

03/30/2006

Sold

Rhode Island Association of REALTORS® #544738

$212,000
02/13/2006

Contract Signed

Rhode Island Association of REALTORS® #544738

—
07/01/2005

Listed (Active)

Rhode Island Association of REALTORS® #544738

$269,000
08/13/2002

Sold (Public Record)

Public Record #171257490

$120,000
08/12/2002

Sold

Rhode Island Association of REALTORS® #208385

$120,000
06/22/2002

Contract Signed

Rhode Island Association of REALTORS® #208385

—
06/17/2002

Permanently Off Market

Rhode Island Association of REALTORS® #208293

—
06/17/2002

Listed (Active)

Rhode Island Association of REALTORS® #208385

$149,900
06/14/2002

Listed (Active)

Rhode Island Association of REALTORS® #208293

$129,900
09/22/1995

Sold

Rhode Island Association of REALTORS® #515066

$3,000
07/26/1995

Contract Signed

Rhode Island Association of REALTORS® #515066

—
07/26/1995

Listed (Active)

Rhode Island Association of REALTORS® #515066

$35,000

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

Public Records for 98 Penn Street

Taxable ValueLand$252,900Additions$315,700Total$568,600
Tax Record2025$7,960 ($663 / month)
Home Facts
Baths3Total Finished SqFt2,044 SqFtAbove Grade Finished SqFt2,044 SqFtUnfinished Basement SqFt878 SqFtStories2Lot Size1,820 SqFtStyleTriplexYear Built1920ZoningR-3CountyPROVIDENCEAPNPROV M:33 L:221

Schools near 98 Penn Street

This home is within Providence School District.
Rating
School
Type
Grades
Distance
West Broadway Middle School
Public - 5 to 8
Classical High School
Public - 9 to 12
Asa Messer Elementary School
Public - PK to 4
Educare I
Public - 9 to 12
Rating
School
Distance
West Broadway Middle School
Public5 to 8

Classical High School
Public9 to 12

Asa Messer Elementary School
PublicPK to 4

Educare I
Public9 to 12

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.

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More information about 98 Penn Street, Providence, RI 02909

98 Penn Street is a multi-family home for sale in Providence, RI 02909. This property was listed for sale on February 25, 2025 by Westcott Properties, it's currently listed at $699,000. It has been on the market for a total of 314 days and was last sold on July 15, 2016. This listing's school district is Providence School District. Nearby schools include West Broadway Middle School, Classical High School and Asa Messer Elementary School. 98 Penn Street is a 6-bed, 3-bath, 2,043 sqft multi-family home built in 1920.

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 Westcott Properties

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.