71 73 benefit street East Side of Providence, RI 02906
The Nehemiah Dodge House, located at 71 Benefit Street, was built in 1845. After an extensive fire in the late 1980s, the house was rebuilt to Preservation Society historic standards. New windows, walls, insulation, wires, plumbing, heat/cooling and cosmetics. The original structure now consists of 4 units--one per floor--all 2 bed 1 bath flats. At that time, a townhouse unit consisting of 2 beds and 1.5 baths was built on the back of the building. And a stand-alone 2 bed 1.5 bath house was constructed at the back of the property. The result is an extremely unique 6-unit property on Benefit Street w/ 10-car parking, modern utilities and no lead paint issues. Each unit is 1000 sqft, offers dishwashers, laundry and central AC. Exterior was painted in 2017. Gross income is almost $120,000 annually. Great option for the owner occupant, investor or someone looking for a condo conversion project. Seller-financing opportunity.
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The East Side
The East Side is steeped in old New England charm with its striking, historic architecture and beautiful stone and brick sidewalks. Three of the state’s more prominent prep schools as well as Brown University and the Rhode Island School of Design are located on the East Side.
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LISTED BY: MOTT & CHACE SOTHEBY'S INTL.