161 Benefit Street, Providence, RI 02903
COMMERCIAL - Providence, RI
- Added:
- Mar 4, 2026
- Days on Market:
- 104
- Last Refresh:
- Jun 16 at 5:06 pm
Property Features for 161 Benefit Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Apartment
- Zoning
- R-3 HD
- Rooms
- Basement
- Parking
- 10
- Security features
- Security Lighting
- Interior features
- Ceiling Height (7 to 9 Ft), Ceiling Height (9 to 12 Ft)
- Basement
- Partial
- Standard status
- Active
- Size
- 9,687 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 58248
Utilities
- Heating system
- Central, Forced Air
- Cooling system
- Other (Cooling), Central Air, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1876
- Floors in Building
- 4
- Number of units
- 10
- Building materials
- Brick, Masonry
Listing agent Jim DeRentis (401) 439-7705
Listing office Residential Properties Ltd. 140 Wickenden Street, RI (401) 274-6740
Listing date Mar 4, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑level brick/masonry building built in 1876 on Benefit Street in College Hill, Providence
- 12 total units: 3 commercial spaces on the first floor and 9 residential units on the upper 3 floors
- All common areas were extensively renovated in 2024, including stairways and corridors
- First‑floor commercial space is currently combined and leased to a local restaurant, with direct pedestrian access on Benefit Street
- 9 residential units include in‑unit laundry and original historic details such as plaster moldings and marble fireplaces
- Package includes buildable lot at 54 Meeting Street, zoned R‑3 HD, currently used as 10 parking spaces
Overview
The building is positioned on College Hill, with the first-floor space opening directly to pedestrians on Benefit Street. The upper residential units are characterized by soaring ceilings, in-unit laundry, stone flooring, and preserved historic details such as plaster moldings and marble fireplaces. Many units also offer views of Benefit Street and the surrounding neighborhood.
For investors or owner-operators seeking a turnkey mixed-use asset, this property combines established residential income with an active ground-floor restaurant tenant. It also includes a buildable lot at 54 Meeting Street, which is currently used as 10 parking spaces, supporting everyday operations for residents and the commercial tenant.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.40805
- Latitude
- 41.82876
