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161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
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161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
161 Benefit Street
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161 Benefit Street
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161 Benefit Street
161 Benefit Street
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161 Benefit Street
161 Benefit Street
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161 Benefit Street
For Sale

161 Benefit Street

161 Benefit Street, Providence, RI 02903

$6,850,000
Introducing the George Earle Building - A unique opportunity to acquire an incoming-producing, signature property on Providence's famed Benefit Street. In the heart of College Hill, just steps to Brown University and RISD, this multi-use building has been expertly maintained and upgraded by its current owner. This 4-level brick building has 12 units in total 3 Commercial spaces encompassing the first floor, and 9 residential units on the upper 3 floors. All common areas underwent extensive renovations in 2024, resulting in elegant stairways and corridors, lending to the upscale residential atmosphere. The 3 Commercial spaces on the first floor are currently combined and leased out to a Top local restaurant a fantastic long-term tenant for the new owner. This first floor space opens directly to pedestrians on Benefit Street and features walls of glass, exposed brickwork, and city views. The front of the building has been restored to its former glory gorgeous custom wood doors and windows, and handsome millwork. All 9 residential units feature soaring ceilings, in-unit laundry, stone flooring, and original historic details including plaster moldings and marble fireplaces. Many of the units feature stunning views of Benefit Street and the surrounding neighborhood. The listing package includes the buildable lot at 54 Meeting Street - Zoned R-3 HD, which is currently used as 10 parking spaces. Take advantage of this turn-key investment property unlike any other.

9,687 Sq.Ft. LIVING AREA

7,661 Sq.Ft. lot

Jim Derentis

Jim Derentis

Features & Amenities

Interior

  • Laundry room In Unit

Area & Lot

  • Status For Sale
  • Living Area9,687 Sq.Ft.
  • Total Area9,687 Sq.Ft.
  • Lot Area7,661 Sq.Ft.
  • MLS® ID1405710
  • TypeCommercial
  • YEAR BUILT1876
  • NeighborhoodJewelry District
  • Architecture StylesHistoric/Antique

Exterior

  • STORIES4
  • water SourceConnected, Public
  • utilitiesCable Available, Electricity Available, Natural Gas Connected, Municipal Utilities, Phone Available, Water Connected, Sewer Connected
  • lot featuresCorner Lot, Historic District
  • HEAT TYPECentral, Forced Air
  • AIR CONDITIONINGCentral Air, Partial, Window Unit(s)
  • sewerConnected, Public Sewer
  • SubstructureCombination, Stone
  • HOA AmenitiesRestaurant
  • security FeaturesClosed Circuit Camera(s), Carbon Monoxide Detector(s), Fire Alarm, Fire Escape, Smoke Detector(s), Security Lights, Building Security, Fire Sprinkler System

Financial

  • Sales Price$6,850,000
  • Real Estate Tax $58,248/yr
  • Zoning R-3 HD
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 161 Benefit Street, Providence, RI 02903. We are reviewing your request and will be in touch shortly!
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Contact Details

Jim DeRentis

Phone

(401) 529-2188

Email

[email protected]

Address

140 Wickenden St Providence, RI 02903

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