


Listing Courtesy of: RHODE ISLAND / Cranston / Matt Kachanis
16 Ruggles Street Providence, RI 02908
Active (1 Days)
$689,900
OPEN HOUSE TIMES
-
OPENSat, Sep 2711:00 am - 1:00 pm
Description
MLS #:
1395140
1395140
Taxes
$8,246(2025)
$8,246(2025)
Lot Size
3,200 SQFT
3,200 SQFT
Type
Multifamily
Multifamily
Year Built
1872
1872
County
Providence County
Providence County
Community
Smith Hill
Smith Hill
Listed By
Matt Kachanis, Cranston
Source
RHODE ISLAND
Last checked Sep 24 2025 at 9:09 PM GMT+0000
RHODE ISLAND
Last checked Sep 24 2025 at 9:09 PM GMT+0000
Bathroom Details
- Full Bathrooms: 3
Interior Features
- Stairs
- Oven/Range
- Refrigerator
- Windows: Insulated Glass Windows
- Laundry: In Building
- Plumbing (Mixed)
- Insulation (Unknown)
Subdivision
- Smith Hill
Lot Information
- Paved Driveway
- Sidewalks
Property Features
- Fireplace: None
- Fireplace: 0
- Foundation: Mixed
Heating and Cooling
- Baseboard
- Gas on Gas
- Natural Gas
- Oil
- Space Heater
- None
Basement Information
- Full
- Interior Only
- Unfinished
Flooring
- Pine
- Ceramic Tile
Utility Information
- Sewer: Connected
Garage
- Garage
Parking
- Detached
- Total: 5
Stories
- 3
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Williams and Stuart Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2025 State-Wide Multiple Listing Service. All rights reserved. 9/24/25 14:09
The first-floor owner's unit is vacant and freshly updated, featuring a new bathroom, refreshed finishes, and move-in ready condition—perfect for an owner-occupant or premium rental. Additional highlights include new vinyl replacement windows throughout, vinyl siding, and separate utilities for each unit to simplify management.
The second and third floor units are currently rented below market, offering immediate upside for investors as market rents in the area continue to rise. Located just a short walk to Providence College, this property is an excellent candidate for student rentals and is minutes from the train station, I-95, 295, and 146, with easy access to Federal Hill, the East Side, and downtown Providence.
A prime opportunity to own a well-maintained, income-generating property in a high-demand rental market with strong long-term growth potential.