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$ 1,600,000
Est. payment | /mo
15 Beds
6 Baths
3,008 SqFt
$ 1,600,000
Est. payment | /mo
15 Beds
6 Baths
3,008 SqFt
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,008 sqft
Price per Sqft $531
MLS Listing ID 73479686
Bedrooms 15
Full Baths 6
Year Built 1904
Annual Tax Amount $7,066
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 3 Family
Property Description
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.
Location
State RI
County Providence
Direction along emmett st and point st and beacon st
Exterior
Total Parking Spaces 12
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Virtual Tour https://youtu.be/7P6WtkA_FY0
Listed by Remax Revolution
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