66 Penn Street

Providence, RI 02909

Rare opportunity to buy a property that makes money right out of the gate! This exceptional 4-unit Providence investment at 42 Courtland Street consists of a beautifully updated 3-family building plus a perfect separate cottage. The main 3-family building has been completely and beautifully remodeled. Each of the three units features 3 generous bedrooms and a wonderfully laid-out modern kitchen that flows seamlessly into an open living room and kitchen concept. The 4th unit is a standalone cottage that has undergone a stunning remodel. It provides 2 to 3 bedrooms and 2 full baths, both absolutely amazing in their own right. The cottage also features a fantastic master bedroom with direct access to a private outdoor deck that feels like an absolute paradise. This property is a massive income producer, currently fully rented and bringing in $9,400 monthly ($112,800 annually). Ample off-street parking is included. For buyers looking to owner-occupy or place their own tenant, the property can be purchased with one unit delivered empty. Don't miss this rare, turnkey opportunity!

Listing courtesy of Remi Lanoie of Yorway Realty (401) 663-6112



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for 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 not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-07-05 08:25 PM UTC