$1,720,000
$1,700,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
71 Benefit ST Providence, RI 02906
6,969 Sqft Lot
Key Details
Sold Price $1,720,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision College Hill
MLS Listing ID 1282100
Sold Date 06/18/21
HOA Y/N No
Year Built 1845
Annual Tax Amount $26,952
Tax Year 2020
Lot Size 6,969 Sqft
Acres 0.16
Property Description
The Nehemiah Dodge House, located at 71 Benefit Street, was built in 1845. After a fire in the late 1980s, the house was totally rebuilt to Preservation Society historic standards. New windows, walls, insulation, wires, plumbing, heat/cooling and cosmetics. The original structure now consists of 4 units--one per floor--all 2 bed 1 bath flats. At that time, a townhouse unit consisting of 2 beds and 1.5 baths was added to the back of the building. And a stand-alone 2 bed 1.5 bath single-family house was constructed at the back of the property. The result is an extremely unique 6-unit compound on Benefit Street w/ 10-car parking, modern utilities and no lead paint issues. Each unit is 1000-1200 sqft, offering dishwashers, laundry and central AC. Rents are lower than market due to seller owning for last 40 years. Exterior was painted in 2017. Great option for the owner occupant, investor or someone looking for a condo conversion project. Seller would prefer to personally finance w/ 10-% down, 4.25%, 10-year term w/ no pre-payment option.
Location
State RI
County Providence
Community College Hill
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Laundry In Unit
Exterior
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Street Lights, Sidewalks
Utilities Available Natural Gas Connected, Municipal Utilities, Sewer Connected, Water Connected
Street Surface Asphalt
Total Parking Spaces 10
Building
Lot Description Historic District
Foundation Combination
Sewer Connected, Public Sewer
Water Connected, Public
New Construction No
Others
Tax ID 7173BENEFITSTPROV
Financing Seller Financing
Read Less
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Bought with Mott & Chace Sotheby's Intl.