507 Academy Avenue, Providence, RI 02908

$366,000
4
BD
2
BA
1,245
SqFt

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Sold Price
$366,000
List Price
$349,900
Closing Date
May 19, 2026
MLS#
1407187
Status
CLOSED
Type
Single Family Residential
City
Providence
County
Providence
Bedrooms
4
Bathrooms
2
Living Area
1,245
Year Built
1925

Property Description

Opportunity is knocking at 507 Academy Ave in Providence's desirable Elmhurst neighborhood! This 4-bedroom, 1.5-bath home offers incredible value with strong bones and endless upside a little TLC can go a long way. Zoned R-3, presenting prime potential for investors including possible multi-family conversion or ADU addition (buyer to perform due diligence). The existing layout and garage offer flexibility for expansion and increased rental income. Located just minutes from downtown Providence, major highways, and within walking distance to Providence College, Rhode Island College, and La Salle Academy. Whether you're an investor looking for your next value-add project or an owner-occupant ready to build equity, this is your chance to secure a property with serious upside. Priced to sell don't miss out! Will not pass FHA. Schedule your viewing today!

Additional Information

Cooling
None
Sewer
Connected
Parking Features
Detached, Garage
Taxes
$5,193
Community Features
Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant

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Calculator source: Real Geeks

Listing courtesy of Innovations Realty. Contact:

Selling Office: Century 21 Limitless.

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