For Sale · Multi-Family
15-17 278 Emmett
Providence, RI 02903
Price cut: $399,999
$1,600,000
$1,999,999
$532 per sq ft
- 15
- beds
- 6
- baths
- 3,008
- sq ft
Est. payment: $8,829/mo Estimated. Taxes and insurance included.
- Lot (sq ft)
- 4,190
- Year Built
- 1904
- Type
- Multi-Family
- Status
- For Sale
- Property taxes (2025)
- $7,066
- Assessed value
- $504,700
- Days on Market
- 192
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.
Facts & features
Interior
- Total rooms
- 19
Systems & utilities
- Water
- Public
- Sewer
- Public Sewer
Exterior & parking
- Total parking
- 12
Construction
- Foundation
- Other
- Year built
- 1904
Flood risk
Location
Courtesy of Remax Revolution
MLS #: 73479686 · Updated: August 24, 2026
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