407 Benefit, Providence, RI, 02903

Introducing 407-409 Benefit St, a 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 stabilizing as high-demand student rentals, short term rentals, or a condo conversion. Premier location on the East Side of Providence. Can be delivered vacant at closing. Separate mechanicals, shared laundry, and a large yard. A savvy investor can explore converting the finished bonus space into an ADU.

Residential Income
$1,295,000
Location
City/TownProvidence
CountyProvidence
Interior
Living Area3,647 sq. ft.
Rooms14
HeatingElectric, Natural Gas, Baseboard, Gas on Gas
CoolingWindow Unit(s)
Additional Information
Tax Assessment$1,029,900
Exterior
Acreage0.1062
Listed By: William Raveis Inspire

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