407 Benefit Street, Providence, RI 02903

• 5 beds |
• 5 baths |
• 3,647 sqft

Property Description

Introducing 407–409 Benefit Street, a rare value-add opportunity in the heart of Brown and RISD’s campus. This legal 4-unit property, with additional bonus space, offers exceptional upside for investors, whether pursuing a condominium conversion or stabilizing as high-demand rentals in one of Providence’s most sought-after locations. The building can be delivered vacant at closing, providing immediate flexibility to renovate, reposition, and maximize returns. Features include separate mechanicals, on-site laundry, and a large yard, an uncommon amenity in this prime location. Opportunities like this are increasingly scarce—don’t miss your chance to capitalize on a premier asset in an unbeatable location.

Listing Status:

Active

Date Added:

April 6, 2026

Data Last Updated:

April 28, 2026 at 7:17AM

Listing Office:

William Raveis Inspire : 401-751-8100

MLS ID:

1409306

Interior

• Appliances: Gas Water Heater
• Laundry: Common Area
• Basement: Exterior EntryFullInterior EntryUnfinished
• Flooring: HardwoodVinyl
• A/C: Window Unit(s)
• Heating: BaseboardElectricGas
• Fireplace: FireplaceFireplaces: 2

Exterior

• Style: StackedSide By Side
• Parking: No GarageParking spaces: 0

Construction

• General: OtherShingle Siding0See Remarks

Location

• Originating MLS: RIS_RIS
• County: Providence

Lot

• Zoning: 407BENEFITSTPROV

Utilities

• Utilities: Sewer Connected100 Amp Service
• Water: Public
• Sewer: ConnectedPublic Sewer

Financial

• Source: RIS_RIS