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

$1,600,000

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15

Beds

6

Baths

3,008

Square feet

0.10

Acres

About 15-17 278 Emmett, Beacon And Point

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.

Features of 15-17 278 Emmett, Beacon And Point

MLS® # 73479686
Price $1,600,000
Bedrooms 15
Bathrooms 6.00
Full Baths 6
Square Footage 3,008
Acres 0.10
Year Built 1904
Type Residential Income
Sub-Type 3 Family
Status Active

Community Information

Address 15-17 278 Emmett, Beacon And Point
City Providence
County Providence
State RI
Zip Code 02903-4503

Amenities

Parking Spaces 12
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Stories 3

Exterior

Lot Description Corner Lot
Foundation Other

Additional Information

Zoning -

Listing Details

Agent Michael Alves
Office Remax Revolution

Listing Map

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