15-17 278 Emmett, Beacon And Point, Providence, RI 02903

Providence
Local realty services provided by:Cohn & Company ERA Powered
15-17 278 Emmett, Beacon And Point,Providence, RI 02903
$1,999,999
  • 15 Beds
  • 6 Baths
  • 3,008 sq. ft.
  • Multi-family
  • Active
Listed by: michael alves
Office: homesmart professionals real estate
MLS#:73479686
Source:MLSPIN

Price summary

  • Price:$1,999,999
  • Price per sq. ft.:$664.89

About this home

Opportunity to acquire a multi-parcel assemblage offering strong in-place income with substantial development upside. Individually stable and collectively powerful, this portfolio presents both immediate cash flow and long-term density potential.Highlights:278 Point Street: 3-family, fully rented, ~$5,600/month income; right to add 3 additional units by right (no variances) 3,088 SFLand 7,522 SF15–17 Emmett Street: 3-family, fully rented, ~$4,200/month income; right to add 1 additional unit by right3,007.5 SFLand 4,190 SFBeacon Street: Development potential for 1–2 additional unitsStrong existing cash flow while pursuing expansionAssemblage potential to support a redevelopment exceeding 28+ residential units (subject to planning & zoning review)Ideal for investors or developers seeking stabilized income with significant future build-out opportunity.

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Home facts

  • Year built:1904
  • Listing ID #:73479686
  • Updated:May 14, 2026 at 10:41 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:19
  • Living area:3,008 sq. ft.

Structure and exterior

  • Year built:1904
  • Building area:3,008 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Corner Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,999,999
  • Price per sq. ft.:$664.89
  • Tax amount:$7,066 (2025)

Parking

  • Total parking spaces:12
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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