407 Benefit Street

Providence, RI 02903 Directions
$1,395,000
  • 5Bed
  • 5Baths
  • 3,647Sqft
  • 0.11Acres
  • 1784Built
  • $383Price/Sqft

Property Highlights

  • MLS: 1409306

Property Highlights

  • MLS: 1409306

Introducing 407–409 Benefit Street, a rare value-add opportunity in the heart of Brown and RISD’s campus. This legal 4-unit property, with additional bonus space, offers exceptional upside for investors, whether pursuing a condominium conversion or stabilizing as high-demand rentals in one of Providence’s most sought-after locations. The building can be delivered vacant at closing, providing immediate flexibility to renovate, reposition, and maximize returns. Features include separate mechanicals, on-site laundry, and a large yard, an uncommon amenity in this prime location. Opportunities like this are increasingly scarce—don’t miss...

Property Highlights

  • MLS: 1409306

Introducing 407–409 Benefit Street, a rare value-add opportunity in the heart of Brown and RISD’s campus. This legal 4-unit property, with additional bonus space, offers exceptional upside for investors, whether pursuing a condominium conversion or stabilizing as high-demand rentals in one of Providence’s most sought-after locations. The building can be delivered vacant at closing, providing immediate flexibility to renovate, reposition, and maximize returns. Features include separate mechanicals, on-site laundry, and a large yard, an uncommon amenity in this prime location. Opportunities like this are increasingly scarce—don’t miss your chance to capitalize on a premier asset in an unbeatable location.

Introducing 407–409 Benefit Street, a rare value-add opportunity in the heart of Brown and RISD’s campus. This legal 4-unit property, with additional bonus space, offers exceptional upside for investors, whether pursuing a condominium conversion or stabilizing as high-demand rentals in one of Providence’s most sought-after locations. The building can be delivered vacant at closing, providing immediate flexibility to renovate, reposition, and maximize returns. Features include separate mechanicals, on-site laundry, and a large yard, an uncommon amenity in this prime location. Opportunities like this are increasingly scarce—don’t miss your chance to capitalize on a premier asset in an unbeatable location.

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  • Additional Information
    • Basement Description: Exterior Entry, Full, Interior Entry, Unfinished
    • Electrical Features: 100 Amp Service
    • Living Area SqFt: 3647
    • On Market Date: 2026-04-06
    • Parking: No Garage
    • Sewer: Public Sewer
    • Style: Stacked, Side By Side
    • Tax Amount: $14,418
    • Tax Year: 2025
    • Type: Residential Income
    • Unit Count: 4
    • Utilities: Sewer Connected
    • Year Built: 1784
  • Interior/Exterior Features
    • Appliances Included: Gas Water Heater
    • Beds: 5
    • Construction Materials: Other, Shingle Siding
    • Cooling: Window Unit(s)
    • Flooring: Hardwood, Vinyl
    • Foundation: See Remarks
    • Full Baths: 5
    • Heat: Natural Gas, Baseboard, Electric
    • Living SqFt Source: Public Records
    • Rooms: 14

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 04/07/2026. Listed By: Spencer Kelleher of William Raveis Inspire.

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