15-17 278 Emmett, Beacon And Point, Providence, RI 02903
15-17 278 Emmett, Beacon And Point, Providence, RI 02903
15-17 278 Emmett, Beacon And Point, Providence, RI 02903
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$1,999,999
Est. payment /mo
15 Beds
6 Baths
3,008 SqFt
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Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,008 sqft

Price per Sqft $664

MLS Listing ID 73479686

Bedrooms 15

Full Baths 6

Year Built 1904

Annual Tax Amount $7,066

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type 3 Family

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.

Location

State RI

County Providence

Direction along emmett st and point st and beacon st

Exterior

Total Parking Spaces 12

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Virtual Tour https://youtu.be/7P6WtkA_FY0

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NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts 02176, United States

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15-17 278 Emmett, Beacon And Point