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

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Unit Information

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.

Additional Details
Status: ACT
Type: Multi-Family, 3 Family
Zip Code: 02903
Levels: 3
Parking
Garage Capacity: 12
Parking Spaces: 12
Rooms and Dimensions
Total Units: 6
Total Floors: 3
Total Rooms: 19
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$1,999,999

  • Listing ID: 73479686
  • Bedrooms: 15
  • Full Baths: 6
  • Living Area: 3,008 sqft Convert
  • Lot Size: 4,190 sqft Convert
  • Acres: 0.1

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Luxury Residential Group

Luxury Residential Group

(617) 233-5800

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Michael Alves of HomeSmart Professionals Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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