15-17 278 Emmett, Beacon And Point, Providence, RI 02903
Local realty services provided by:ERA Key Realty Services
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:March 11, 2026 at 10:53 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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