Welcome to this oversized and well-maintained 3-family home located in the heart of Providence's desirable Mount Hope neighborhood. Lovingly cared for and owner-occupied for the last 20 years, each unit offers 3 large bedrooms, 1 full bath, original hardwood flooring, expansive ceiling heights, and charming ornate decorative fireplaces. Units 1 and 3 are equipped with central air, while Unit 2 features a mini-split system. All kitchens have been recently updated with granite countertops, and contain dishwashers, gas stoves, and modern finishes. The property offers a mix of replacement windows, including Renewal by Andersen, and updated mechanicals throughout. Each unit also enjoys its own private deck. The first floor has its own dedicated in-unit washer and dryer, while the basement offers coin-operated laundry for Units 2 and 3. A large off-street parking lot accommodates 6-7 vehicles, a true amenity in the city. Ample storage in the basement for all units. Conveniently located near Hope Village, Whole Foods, and the train station - ideal for commuters, multi-generational households, Airbnb, or savvy investors seeking strong cash flow in a prime location. 40-42 Cypress awaits its next caretaker...