215 Broadway, Providence, RI 02903

Property Description

A distinguished 1887 Second Empire mansion prominently situated along Broadway, one of Providence's most recognizable and desirable West Side corridors. Comprehensively renovated in recent years, this architecturally significant property has been thoughtfully transformed into ten distinctive residential units, offering a mix of studio, one-, two-, and three-bedroom layouts. The property presents a compelling combination of irreplaceable historic character, modern building systems, and established in-place income within one of Providence's strongest rental markets. Throughout the building, the renovation carefully preserves many of the mansion's exceptional original details, including ornate paneled walls, marble fireplaces, parquet flooring, and crystal chandeliers, while incorporating the amenities expected by today's residents. Units feature updated kitchens and designer baths complemented by extensive mechanical and infrastructure improvements. Recent capital improvements include electrical and HVAC upgrades, a new fire alarm system, and a fully sprinklered building. Additional amenities include dedicated common laundry facilities and secure bicycle storage. 215 Broadway represents a rare opportunity to acquire a substantial, income-producing multifamily asset where historic Providence architecture and modern improvements come together in an exceptional West Side location.