$1,999,999

15 Emmett Street, Providence, RI 02903

  • 6,096 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1904
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $328/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Date Added:
February 23, 2026
Data Last Updated:
April 28, 2026 at 3:18AM
Listing Office:
RE/MAX Revolution : 401-921-5011
MLS ID:
1405381
  • Basement: Full
  • Parking: Parking spaces: 5
  • General: Frame6
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: R31517EMMETTSTPROV
  • Utilities: Sewer Connected200+ Amp Service
  • Sewer: Connected
  • Source: RIS_RIS

This listing courtesy of RE/MAX Revolution

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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