$1,999,999 USD
Commercial for Sale, 15 Emmett Street, Providence, Rhode Island 02903
- MLS#1405381
566 m² (6,096 ft²)
Listed By Re/Max Revolution
The Commercial Property for Sale located at 15 Emmett Street, Providence, Rhode Island 02903 is currently for sale. 15 Emmett Street, Providence, Rhode Island 02903 is listed for $1,999,999.
Property features
Property
- Property size:
566 m² (6,096 ft²) - Features: Basement
Lot/Land
- Land/Lot size:
1,088 m² (11,712 ft²)
Construction
- Year built: 1904
- Basement and foundation: Full Basement
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
15 Emmett Street, Providence, Rhode Island 02903