407 Benefit Street, Providence, Rhode Island 02903
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$1,295,000 USD

Multi Family Home for Sale, 407 Benefit Street, Providence, Rhode Island 02903

  • MLS#
    1413018
  • Bedrooms
    5
  • Bathrooms
    5
  • Home/Lot size
    339 m² (3,647 ft²)

Listed By William Raveis Inspire

The Multi Family Home for Sale located at 407 Benefit Street, Providence, Rhode Island 02903 is currently for sale. 407 Benefit Street, Providence, Rhode Island 02903 is listed for $1,295,000. This property has 5 bedrooms, 5 bathrooms.

Date Updated : May 20, 2026

Property features

Property

  • Property size: 339 m² (3,647 ft²)
  • Features: Basement

Lot/Land

  • Land/Lot size: 430 m² (4,626 ft²)
  • Local zoning: Historical District

Construction

  • Year built: 1784
  • Basement and foundation: UnfinishedFull Basement

Bedrooms

  • Bedrooms: 5

Bathrooms

  • Total bathrooms: 5
  • Full bathrooms: 5

Interior Features

  • Floors: HardwoodVinyl
  • Number of fireplaces: 2

Heating and Cooling

  • Heating system: BaseboardNatural GasElectricGas
  • Cooling system: Window Unit(s)

Description

Introducing 407-409 Benefit St, a 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 stabilizing as high-demand student rentals, short term rentals, or a condo conversion. Premier location on the East Side of Providence. Can be delivered vacant at closing. Separate mechanicals, shared laundry, and a large yard. A savvy investor can explore converting the finished bonus space into an ADU.

Location

407 Benefit Street, Providence, Rhode Island 02903

407 Benefit Street, Providence, Rhode Island 02903