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302 Benefit Street

Providence, RI 02903
  • $2,395,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 1334583
UPDATED: 56 min ago
$2,395,000
  • 9
    BEDS
  • 0.2
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 4,737
    SQFT
  • $506
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1870
County:
Area:

School Ratings & Info

Description

Rare Opportunity to Own a Legal 8-Unit Building on Historic Benefit St., located in the heart of Brown University and RISD's campus. The units are fully leased through May 30th, 2024 and the property offers 17 parking spaces for additional income. The building is leased as (5) 1 Bedroom units and (3) 2 Bedroom units. Owner pays for water, sewer, snow, and trash removal with the Tenants responsible for all other utilities. The property was fully leased for the following year in March with room to increase rents. Please refer to MLS#1334499 as well.

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[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-06-01T08:37:37.707.
www.mercuriogroup.com/homes/139101208
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302 Benefit Street Providence, RI 02903

  • Price: $2,395,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 56 min ago
  • MLS #: 1334583
9
Beds
8
Baths
0
½ Baths
0.2
Acres
4,737
SQFT
$506
$/SQFT
1870
Built
Neighborhood:
College Hill
County:
Providence
Area:
Providence
Property Description
Rare Opportunity to Own a Legal 8-Unit Building on Historic Benefit St., located in the heart of Brown University and RISD's campus. The units are fully leased through May 30th, 2024 and the property offers 17 parking spaces for additional income. The building is leased as (5) 1 Bedroom units and (3) 2 Bedroom units. Owner pays for water, sewer, snow, and trash removal with the Tenants responsible for all other utilities. The property was fully leased for the following year in March with room to increase rents. Please refer to MLS#1334499 as well.
Exterior Features

Construction Materials Shingle Siding Covered Spaces 0 Foundation Details Stone Garage YN No Parking Features No Garage Parking Total 17

Interior Features

Basement Exterior EntryInterior EntryPartialUnfinished Basement YN Yes Cooling Wall Unit(S) Fireplace YN No Fireplaces Total 0 Flooring Hardwood Heating ElectricHeat Pump

Property Features

Electric 200+ Amp Service Land Lease YN No Laundry Features Common Area Operating Expense 53818.44 Owner Pays Hot Water Property Sub Type Multi Family Senior Community YN No Sewer ConnectedPublic Sewer Structure Type Apartment Tax Annual Amount 42522.48 Tax Assessed Value 1201200 Tax Lot 135 Tax Year 2022 Utilities Sewer Connected Water Source ConnectedPublic

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of William Raveis Inspire: [IDXCONTACTINFORMATION].



[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-06-01T08:37:37.707.
 
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Remax Preferred - The Mercurio Group
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Pawtucket RI, 02861