Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
15 Beds
6 Baths
3,008 sqft

$1,600,000

15-17 278 Emmett, Beacon And Point, Providence RI, 02903

Price per sqft$531.91
Built in1904
Property size3,008 sqft
Property typeMulti-family

Overview

Active

Listed Feb 23, 2026

Updated 3 weeks ago

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.

$10,645/mo

Est. mortgage payment based on a $1,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73479686

Interior Features

Bedrooms
15
Bathrooms
6
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$7,066
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Michael Alves with Remax Revolution

The property listing data and images displayed herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, and public records, and compiled by MLS Property Information Network, Inc. This information is intended solely for the personal, non-commercial use of consumers who have a genuine interest in purchasing or leasing listed properties. It may not be used for any purpose other than to identify prospective properties of interest.

MLS Property Information Network, Inc. and its subscribers make no representations or warranties regarding the accuracy of the listing data or images presented.

©2026 MLS Property Information Network, Inc. All rights reserved.

Data last updated 4:43 AM UTC, 9/4/2026

Powered by Luxury Presence