54 Joslin Street, Providence, Residential Income

An exceptional investment opportunity in the heart of Providence’s vibrant Olneyville neighborhood, 54 Joslin Street offers strong upside and rare land potential. This classic multi-family property provides flexible living arrangements well suited for owner-occupants or investors seeking steady rental income. The building is heated by a high-efficiency condensing boiler, offering modern energy performance and long-term operating savings.

A standout feature of this offering is the large adjacent lot next door, an increasingly rare find in an urban setting. The additional land presents potential opportunities for expansion, additional parking, or future development, subject to buyer verification and due diligence regarding zoning and approvals. In a city where buildable land is limited, this neighboring parcel adds significant long-term value and versatility.

Located in the Olneyville section of Providence, the property enjoys close proximity to Downtown, major highways, public transportation, and a growing mix of restaurants, shops, and cultural destinations. Olneyville’s ongoing revitalization and strong rental demand make this an attractive location for both immediate returns and future appreciation. A compelling opportunity to acquire a well-located multi-family property with energy-efficient systems and uncommon land potential.