New Listing
$440,000
 $2,362 est/mo Sourced by Back At You

661 Douglas Avenue,Providence, RI 02908

Providence, RI 02908

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Description

Providence College Area Two-Family | Income-Producing | Owner-Occupant or Investor Opportunity Rare opportunity to own a two-family home in the highly sought-after Providence College neighborhood, where rental demand stays consistently strong. The first floor features an efficient studio-style unit, ideal for generating rental income or creating a private in-law suite for a multi-generational living situation. The second floor, lower level offers a two-bedroom layout. Both units are currently occupied on a month-to-month basis, giving investors immediate cash flow and giving owner-occupants the flexibility to move in or keep a tenant offsetting the mortgage. Minutes from campus, local shops, dining, and major highways, making tenant placement easy and everyday living convenient. Live in one unit and let the other help pay your mortgage, or add a proven rental to your portfolio. Opportunities like this near Providence College don't last. First showing at open house.

Details

MLS #1426198
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1940
Days On Site6
Listing Provided BySerhant. | Dawn Tramontano

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,680
BasementY
Story(s)2
Units2
Building(s)1
Acreage0.10

Interior

Rooms Total5
HeatingElectric
Heating Yes / NoYes
CoolingCentral Air, Heat Pump
Cooling Yes / NoYes
AppliancesOven, Range, Refrigerator
Interior FeaturesWall (Dry Wall), Plumbing (Mixed), Insulation (Walls)
Fireplace Yes / NoNo
Fireplaces Total0
Fireplace FeaturesNone

Exterior

Lot FeaturesPaved
Community FeaturesBus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Tennis
Construction MaterialsDry Wall, Brick

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesNo Garage

Utilities

UtilitiesSewer Connected, Water Connected
SewerAssessment to Buyer
Electric100 Amp Service

Location

Community FeaturesBus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Tennis

Taxes

Tax Annual Amount4497
Tax Assessed Value321200
Tax Lot187
Tax Year2025

Area Information

StateRI
CountyProvidence
CityProvidence
Zip Code02908
AreaProvidence
Community NameWanskuck
Listing VS Median (in Wanskuck)
Price:
$440,000
low | high
Med:
$399,000
59.318181818182% of Average
sqft:
1,680
low | high
Med:
2,562
2.5% of Average
$ / sqft:
$262
low | high
Med:
$156
90.53651266766% of Average
On site:
6
low | high
Med:
35
17.142857142857% of Average
Sourced by Back At You

Market Activity 02908

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Learn More About This Property

StateRI
CountyProvidence
CityProvidence
Zip Code02908
AreaProvidence
Community NameWanskuck
Listing VS Median (in Wanskuck)
Price:
$440,000
low | high
Med:
$399,000
59.318181818182% of Average
sqft:
1,680
low | high
Med:
2,562
2.5% of Average
$ / sqft:
$262
low | high
Med:
$156
90.53651266766% of Average
On site:
6
low | high
Med:
35
17.142857142857% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $330K - $550K
sqft: 1,000 - 2,000
Listing Updated: October 29, 2026 at 9:10:53 AM PDT