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Former convent with maintenance-free brick exterior, reimagined into a documented income-producing property across three floors. Eleven bedrooms and six baths span a layout built for shared occupancy: each floor centers on a common area, with an ensuite plus additional bedrooms sharing a bath and kitchen. That structure suits group home operators, sober-living or transitional housing, student housing, and institutional buyers, as well as conventional investors. A finished lower level adds five rooms, a bath, and coin-op laundry - future expansion potential once brought into egress compliance, not part of the current bedroom count.**Documented annual income runs $174,960, spanning long-term tenancy and an active Airbnb/Cloudbeds short-term rental operation. Sold fully furnished, running near a 7.5% cap rate at the current ask.**Heart of Federal Hill, walking distance to Atwells Avenue's dining and shops, ample parking, close to downtown Providence and the train.

More Info

Basic Information

  • Gross Income $144,000
  • Mls StatusNew
  • Parcel Number M:33 L:693,54430

Tax Information

  • Tax Assessed Value $1,067,700
  • Tax Year 2025
  • Taxes$14,948

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces8

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms11
  • Full Bath6

Basic Information

  • List Price$1,500,000
  • MLS Number73578837
  • Modification Date09/17/2026
  • Property SubType3 Family

Location

  • Address67 Ridge Street
  • Building Number67
  • CountyProvidence
  • StateRI
  • StreetRidge Street
  • TownProvidence
  • Zip02909

Building

  • BasementFull, Partially Finished
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Levels 3
  • Rooms18
  • Stories3
  • Units3
  • Year Built1953
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.2

Interior

  • Flooring Laminate

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,653
  • Lot Size Square Feet 8,601
  • Lot Size Units Acres
  • Square Feet5,653

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Marina
    • Park
    • Pool
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Other AmenitiesBasement

Legal

  • Zoning-

Other

  • Date Listed09/17/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Joy Riley of Westcott Properties

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