407 Benefit Street, Providence, Residential Income

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.