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407 Benefit Street

Providence, RI 02903
  • $1,100,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 1420707
$1,100,000
  • 5
    BEDS
  • 0.11
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,647
    SQFT
  • $302
    $/SQFT
Type:
Multi-Family
Built:
1870
County:
Area:

School Ratings & Info

Description

Welcome to 407 Benefit St, a legal 4-unit building in the heart of Brown and RISD's campus, being offered for sale "as is". This 4 unit building, with an additional finished bonus space, offers significant upside and rent growth for investors. The location speaks for itself. Incredibly strong rental demand. Separate mechanicals, shared laundry, and a large yard. Potential to convert the finished space into an ADU.

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-06T23:37:35.643.
www.onshorerealtors.com/homes/180173168
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407 Benefit Street Providence, RI 02903

  • Price: $1,100,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: 1420707
5
Beds
5
Baths
0
½ Baths
0.11
Acres
3,647
SQFT
$302
$/SQFT
1870
Built
County:
Providence
Area:
Providence
Property Description
Welcome to 407 Benefit St, a legal 4-unit building in the heart of Brown and RISD's campus, being offered for sale "as is". This 4 unit building, with an additional finished bonus space, offers significant upside and rent growth for investors. The location speaks for itself. Incredibly strong rental demand. Separate mechanicals, shared laundry, and a large yard. Potential to convert the finished space into an ADU.
Exterior Features

Architectural Style Stacked Side By Side Construction Materials Other Shingle Siding Covered Spaces 0 Foundation Details Combination Stone Garage YN No Parking Features No Garage Parking Total 0

Interior Features

Appliances Electric Water Heater Gas Water Heater Basement Exterior Entry Full Interior Entry Unfinished Basement YN Yes Cooling None Cooling YN No Fireplace YN Yes Fireplaces Total 2 Flooring Hardwood Other Heating Baseboard Electric Gas Space Heater Heating YN Yes

Property Features

Electric 100 Amp Service Human Modified YN No Inclusions Legal 4 unit being sold " As Is". Please reach out for rent roll Land Lease YN No New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 14418.6 Tax Assessed Value 1029900 Tax Lot 654 Tax Year 2026 Water Source Public

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of William Raveis Inspire: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-06T23:37:35.643.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891