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

Providence
Local realty services provided by:ERA Millennium Real Estate
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:June 27, 2026 at 10:40 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
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