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.
Sold for $1,900,000
$1,900,000
302 Benefit St, Providence, RI 02903
11beds
4,737sqft
Multi Family
Built in 1870
-- sqft lot
$2,165,700 Zestimate®
$401/sqft
$2,402 Estimated rent
Home value
$2,165,700
$1.95M - $2.43M
$2,402/mo
Zestimate® history
Owner options
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$2,402/mo
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$2,402/mo
Rent Zestimate®
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$9,790/mo
Est. payment
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$9,790/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Spencer Kelleher 508-493-7093,
William Raveis Inspire
Bought with:
Spencer Kelleher, RES.0048238
William Raveis Inspire
Source: StateWide MLS RI,MLS#: 1339334
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Electric, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Gas Water Heater
- Laundry: Common Area, In Building
Features
- Plumbing (PVC)
- Flooring: Hardwood
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,737
- Total interior livable area: 4,737 sqft
Property
Parking
- Total spaces: 17
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 8,576 sqft
- Features: Local Historic District
Details
- Zoning: R2
- Special conditions: 3rd Party/Corporate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Clapboard
- Foundation: Stone
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Connected
- Water: Public
- Utilities for property: Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Highway Access, Private School, Restaurants, Schools
Location
- Region: Providence
- Subdivision: College Hill
HOA & financial
Other financial information
- Total actual rent: 14275
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2023 | Sold | $1,900,000-2.6%$401/sqft |
Source:  StateWide MLS RI #1339334 Report a problem | ||
| 8/3/2023 | Pending sale | $1,950,000$412/sqft |
Source: StateWide MLS RI #1339334 Report a problem | ||
| 7/12/2023 | Listed for sale | $1,950,000-18.6%$412/sqft |
Source: StateWide MLS RI #1339334 Report a problem | ||
| 6/16/2023 | Listing removed | -- |
Source: StateWide MLS RI #1334583 Report a problem | ||
| 5/1/2023 | Listed for sale | $2,395,000$506/sqft |
Source: StateWide MLS RI #1334583 Report a problem | ||
| 8/29/2020 | Listing removed | $1,350 |
Source: Zillow Rental Network Report a problem | ||
| 1/24/2020 | Listed for rent | $1,350 |
Source: Zillow Rental Network Report a problem | ||
| 10/25/2019 | Listing removed | $1,350 |
Source: Zillow Rental Network Report a problem | ||
| 7/12/2019 | Listed for rent | $1,350 |
Source: Zillow Rental Network Report a problem | ||
| 4/10/2019 | Listing removed | $1,350 |
Source: Zillow Rental Network Report a problem | ||
| 1/30/2019 | Listed for rent | $1,350 |
Source: Zillow Rental Network Report a problem | ||
| 7/10/2018 | Listing removed | $1,350 |
Source: Zillow Rental Network Report a problem | ||
| 6/29/2018 | Listed for rent | $1,350 |
Source: Zillow Rental Network Report a problem | ||
| 5/27/2018 | Listing removed | $1,350 |
Source: Zillow Rental Network Report a problem | ||
| 9/27/2017 | Listed for rent | $1,350-10% |
Source: Zillow Rental Network Report a problem | ||
| 3/30/2017 | Listing removed | $1,500 |
Source: SeaLegs Property Group Report a problem | ||
| 3/22/2017 | Listed for rent | $1,500 |
Source: SeaLegs Property Group Report a problem | ||
| 5/27/2016 | Listing removed | $1,500-11.8% |
Source: Badger realty Grroup Report a problem | ||
| 2/25/2016 | Listing removed | $1,700 |
Source: Owner Report a problem | ||
| 1/29/2016 | Price change | $1,700+13.3% |
Source: Owner Report a problem | ||
| 12/31/2015 | Listed for rent | $1,500+7.1% |
Source: Legacy Real Estate Report a problem | ||
| 7/18/2014 | Listing removed | $1,400 |
Source: Atlantic Properties LLC Report a problem | ||
| 7/9/2014 | Price change | $1,400-6.7% |
Source: Atlantic Properties LLC Report a problem | ||
| 4/24/2014 | Listed for rent | $1,500 |
Source: Atlantic Properties LLC Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: College Hill
Nearby schools
GreatSchools rating
- 7/10Vartan Gregorian Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10Nathan Bishop Middle SchoolGrades: 6-8Distance: 1.3 mi
- 1/10Hope High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$2,165,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,165,700
- Rhode Island
- Providence County
- Providence
- 02903
- College Hill
- 302 Benefit St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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