Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

15-17 278 Emmett, Beacon And Point

Providence, RI ID #73479686

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15-17 278 Emmett, Beacon And Point

- Providence, RI ID #73479686

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 3 Family
  • Zip Code: 02903
  • Taxes: 7,066
  • Levels: 3
  • Acres: 0.10

Parking

  • Garage Capacity: 12
  • Parking Spaces: 12

Rooms/Dimensions

  • Total Units: 6
  • Total Floors: 3
  • Total Rooms: 19

Location

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

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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.