New Listing - 03/04/2026
161 Benefit Street, Providence, RI, 02903
1876
Historic/Antique
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.
Status:
Active
Type:
Commercial
Furnished Remarks:
Unfurnished
Laundry Remarks:
In Unit
Units:
10
Zoning:
R-3 HD
Complex:
College Hill
Heating:
Central, Forced Air
Cooling:
Central Air, Partial, Window Unit(s)
Basement:
Partial
Parking:
10-car
Acreage:
0.18
Est. Taxes:
$58,248
Assessment
$1,994,800
Permitted Use
Multi-Family,Mixed Use,Residential
Construction
Brick,Masonry
Utilities
Cable Available,Electricity Available,Natural Gas Connected,Municipal Utilities,Phone Available,Water Connected,Sewer Connected
Lot Description:
Corner Lot,Historic District
Amenities:
RestaurantGolf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Street Lights, Sidewalks
Days on Market:
10
MLS #:
1405710
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Residential Properties Ltd. 401-274-6740