71 Benefit ST Providence, RI 02906

The Nehemiah Dodge House, located at 71 Benefit Street, was built in 1845. After a fire in the late 1980s, the house was totally rebuilt to Preservation Society historic standards. New windows, walls, insulation, wires, plumbing, heat/cooling and cosmetics. The original structure now consists of 4 units--one per floor--all 2 bed 1 bath flats. At that time, a townhouse unit consisting of 2 beds and 1.5 baths was added to the back of the building. And a stand-alone 2 bed 1.5 bath single-family house was constructed at the back of the property. The result is an extremely unique 6-unit compound on Benefit Street w/ 10-car parking, modern utilities and no lead paint issues. Each unit is 1000-1200 sqft, offering dishwashers, laundry and central AC. Rents are lower than market due to seller owning for last 40 years. Exterior was painted in 2017. Great option for the owner occupant, investor or someone looking for a condo conversion project. Seller would prefer to personally finance w/ 10-% down, 4.25%, 10-year term w/ no pre-payment option.