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

Property Description

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.