Located in the heart of Fox Point, just steps from historic Benefit Street, this exceptional 8-unit, two-building property offers a rare investment opportunity in one of Providence's most desirable neighborhoods. With a strong existing income stream and mostly month-to-month tenants, there's immediate potential for improvement to enhance overall returns. Both buildings have been well maintained, offering a solid foundation for additional improvements that could further elevate value and performance. The prime location allows residents to enjoy easy access to all that Fox Point has to offer, along with the scenic waterfront and walking paths of India Point Park. Whether you're expanding an established portfolio or taking the first step in building one, this property represents a smart, high-potential addition in a premier location.
| MLS # | 1406278 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1900 |
| Days On Site | 232 |
| Listing Provided By | Residential Properties Ltd. | Stephen Gaskin |
| Bed(s) | 11 |
|---|---|
| Bath(s) | 9 Total |
| SQ Feet | 6,188 |
| Basement | Y |
| Units | 2 |
| Building(s) | 2 |
| Zoning | R3 |
| Acreage | 0.09 |
| Rooms Total | 28 |
|---|---|
| Heating | Natural Gas, Baseboard |
| Heating Yes / No | Yes |
| Cooling | None |
| Cooling Yes / No | No |
| Appliances | Gas Water Heater |
| Fireplaces Total | 0 |
| Laundry Features | In Building |
| Foundation Details | Brick/Mortar, Stone |
|---|---|
| Lot Features | Paved Driveway, Sidewalks |
| Community Features | Bus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping |
| Construction Materials | Brick, Wood |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | No Garage |
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Electric | 100 Amp Service, Circuit Breakers |
| Community Features | Bus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping |
|---|
| Tax Annual Amount | 34676 |
|---|---|
| Tax Assessed Value | 1333700 |
| Tax Lot | 349 |
| Tax Year | 2025 |
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02906 |
| Area | Providence |
| Community Name | Fox Point / College Hill |
| Listing VS Median (in Fox Point / College Hill) | |
Price: $1,495,000 low | high Med: $1,545,000 sqft: 6,188 low | high Med: 6,188 $ / sqft: $242 low | high Med: $250 On site: 232 low | high Med: 232 | |
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02906 |
| Area | Providence |
| Community Name | Fox Point / College Hill |
| Listing VS Median (in Fox Point / College Hill) | |
Price: $1,495,000 low | high Med: $1,545,000 sqft: 6,188 low | high Med: 6,188 $ / sqft: $242 low | high Med: $250 On site: 232 low | high Med: 232 | |
![]() | $1,595,00084 Transit StreetProvidence, RI 02906 |