




15-17 278 Emmett Beacon Point, Providence, RI, 02903
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1904
Materials
- Foundation: Other
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 15
- Bathrooms: 6
- Full bathrooms: 6
Features
- Finished area above ground: 3,008
Interior Area
- Total structure area: 3,008
- Total interior livable area: 3,008 sqft
Property
Details
- Parcel number: M:23 L:636
- Zoning: -
Lot
- Lot size: 4,190 sqft
- Features: Corner Lot
Parking
- Total spaces: 12
- Uncovered spaces: 12
