Luxury Residential Group: 15-17 278 Emmett, Beacon And Point, Providence, RI

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.

offered at

$1,999,999

Listing ID: 73479686
Bedrooms: 15
Full Baths: 6
Living Area: 3,008 sqft 279 m² Convert
Lot Size: 4,190 sqft 389 m² Convert
Acres: 0.1

Additional Details

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

LRG Boston

(617) 233-5800

15-17 278 Emmett, Beacon And Point

Providence, RI