$1,900,000
$1,950,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
302 Benefit ST Providence, RI 02903
11 Beds
8 Baths
4,737 SqFt
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,737 sqft
Price per Sqft $401
Subdivision College Hill
MLS Listing ID 1339334
Sold Date 10/13/23
Bedrooms 11
Full Baths 8
HOA Y/N No
Abv Grd Liv Area 4,737
Year Built 1870
Annual Tax Amount $42,522
Tax Year 2023
Lot Size 8,576 Sqft
Acres 0.1969
Property Description
Rare opportunity to own a legal 8-Unit building on 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 in March for the following academic year with room to increase rents. The units are separately metered and there is coin-op laundry on site.
Location
State RI
County Providence
Community College Hill
Zoning R2
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Heating Electric, Heat Pump
Cooling Heat Pump
Flooring Hardwood
Fireplace No
Appliance Gas Water Heater
Laundry Common Area
Exterior
Exterior Feature Paved Driveway
Community Features Highway Access, Near Schools, Public Transportation, Restaurant
Utilities Available Sewer Connected
Total Parking Spaces 17
Garage No
Building
Foundation Stone
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Clapboard
New Construction No
Others
Senior Community No
Tax ID 302BENEFITSTPROV
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Bought with William Raveis Inspire