122 Benefit Street Providence

$1,750,000
3,839 sq ft

The Property

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 122 Benefit Street in Providence, RI (the “Property”). The multi-story building contains eleven (11) units with three (3) 1 Bedroom/1-Bathroom units and eight (8) Studio units with 2,916 square feet of gross living area in 5,970 square feet of gross area. The Property is situated upon a 0.09-acre parcel and features five (5) off-street parking spaces, as well as laundry systems in the basement. 122 Benefit Street is exceptionally well-positioned in the heart of Providence’s historic College Hill neighborhood, offering immediate access to Downtown Providence, Brown University, the Rhode Island School of Design (RISD), and the city’s premier employment, educational, and cultural destinations.

The Property benefits from excellent connectivity via nearby Interstate 95, Interstate 195, and Route 6, providing efficient regional access throughout Rhode Island as well as to Boston and southeastern Massachusetts. Its walkable location places residents within steps of neighborhood dining, parks, and the Providence River waterfront, further enhancing the property’s long-term residential appeal.

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Listing Details

MLS Number

1420589

Lot Size:

0.09 acres

Features

  • Local Historic District
  • Historic
  • Year Built: 1900

Market Trends for Commercial/Business,Commercial Sale
in Providence

  • Overview
    Homes for Sale Today585.5% increase in inventory
    New on Market *24242.9% increase in new listings
    Avg. Asking Price/Sq.Ft. *$404.74$115 increase in List Price/Sq.Ft.
    Avg. Sale Price *$723,017$98,017 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.47%4.7% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$130.66$60 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *11864 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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