15 Emmett ST, Providence, RI 02903
15 Emmett ST, Providence, RI 02903
15 Emmett ST, Providence, RI 02903
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$1,600,000
Est. payment /mo
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6,096 SqFt
Price Dropped by $399K

15 Emmett ST Providence, RI 02903

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,096 sqft

Price per Sqft $262

MLS Listing ID 1405381

HOA Y/N No

Abv Grd Liv Area 6,096

Year Built 1904

Lot Size 0.269 Acres

Acres 0.269

Property Sub-Type Commercial

Property Description

Two 3 units with an extra lot! Point, Emmet and Beacon St! 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 SF Land 7,522 SF 15 17 Emmett Street: 3-family, fully rented, ~$4,200/month income; right to add 1 additional unit by right 3,007.5 SF Land 4,190 SF Beacon Street: Development potential for 1 2 additional units Strong existing cash flow while pursuing expansion Assemblage 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

Zoning R3

Rooms

Basement Full

Exterior

Utilities Available Sewer Connected

Total Parking Spaces 5

Building

Story 6

Sewer Connected

Level or Stories 6

Structure Type Frame

New Construction No

Others

Tax ID 1517EMMETTSTPROV

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Tricia Coury
Tricia Coury

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