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$ 1,999,999
Est. payment | /mo
6,096 SqFt
$ 1,999,999
Est. payment | /mo
6,096 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,096 sqft
Price per Sqft $328
MLS Listing ID 1405381
HOA Y/N No
Abv Grd Liv Area 6,096
Year Built 1904
Lot Size 0.269 Acres
Acres 0.269
Property Sub-Type Commercial
Property Description
Two 3 units with an extra lot! Point, Emmet and Beacon St! 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 SF Land 7,522 SF 15 17 Emmett Street: 3-family, fully rented, ~$4,200/month income; right to add 1 additional unit by right 3,007.5 SF Land 4,190 SF Beacon Street: Development potential for 1 2 additional units Strong existing cash flow while pursuing expansion Assemblage 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
Zoning R3
Rooms
Basement Full
Exterior
Utilities Available Sewer Connected
Total Parking Spaces 5
Building
Story 6
Sewer Connected
Level or Stories 6
Structure Type Frame
New Construction No
Others
Tax ID 1517EMMETTSTPROV
Virtual Tour https://youtu.be/7P6WtkA_FY0
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