Two 3 units with an extra lot! Point, Emmet and Beacon St!

For Sale

278 Point Street, Providence, RI 02903

This Providence property for sale is located at 278 Point Street. The current listed sale price for Two 3 units with an extra lot! Point, Emmet and Beacon St! is $1,999,999. Two 3 units with an extra lot! Point, Emmet and Beacon St! is situated on a lot that is 11,712 square feet in size.

Contacts

Michael Alves

REMAX Revolution

Property Details

  • Property Type Multi-Family
  • Property Size 6,096 SF
  • Lot Size 11,712 SF
  • # of Floors 3
  • Property Tenancy Multi-Tenant
  • Year Built 1920
  • Date Updated May 15, 2026

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.
 

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Attachments

Getting around

  • 85/100

    Walk Score ®

  • 67/100

    Transit Score ®

  • 58/100

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Location

  • City Providence, RI
  • Zip Code 02903

Points of Interest

  • Providence

    1.02 miles

  • Pawtucket/Central Falls

    4.56 miles

  • T. F. Green Airport

    6.19 miles

  • Shell

    0.48 miles

  • City Gas & Food Mart

    0.86 miles

  • ChargePoint

    0.91 miles

  • Broadway Gas

    0.95 miles

  • Capital Gulf

    1.27 miles

  • 7-Eleven

    1.30 miles

  • Mobile Gas Station

    1.49 miles

  • Independent

    1.63 miles

  • Cumberland Farms

    1.86 miles

  • eVgo

    5.57 miles

  • Coro Garage

    0.15 miles

  • 178 Clifford Street

    0.19 miles

  • 174 Clifford Street

    0.22 miles

  • 170 Clifford Street

    0.23 miles

  • Johnson Lot

    0.23 miles

  • Lifespan Parking Lot

    0.25 miles

  • 90 Elm Street Parking Lot

    0.25 miles

  • 12 Parsonage Street Parking

    0.28 miles

  • Providence River Animal Hospital Parking Lot

    0.28 miles

  • Aloft

    0.52 miles

  • Hotel Providence

    0.55 miles

  • The Dean Hotel

    0.61 miles

  • Hilton Providence

    0.64 miles

  • Residence Inn

    0.64 miles

  • Hampton Inn & Suites Providence Downtown

    0.67 miles

  • Graduate by Hilton Providence

    0.69 miles

  • The Beatrice

    0.74 miles

  • Omni Providence Hotel

    0.75 miles

  • Courtyard Providence Downtown

    0.78 miles

  • Oasis Market

    0.30 miles

  • New Asian Market

    0.43 miles

  • Urban Greens Co-op

    0.55 miles

  • Urban Greens Co-Op Market

    0.56 miles

  • The Arcade

    0.67 miles

  • Trader Joe's

    0.72 miles

  • Macy's

    0.82 miles

  • Friends Marketplace

    0.87 miles

  • Providence Place Mall

    0.91 miles

  • Boscov's

    1.00 miles

Contact Listing Broker
Michael Alves

REMAX Revolution

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