122 Benefit Street Providence, RI $ 1,750,000
122 Benefit Street
$ 1,750,000
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122 Benefit Street

Providence, RI, 02903
$ 1,750,000
Bedrooms-- Baths--

Monthly Estimate*

$ 11,050

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Commercial Property for sale in Providence, RI

for $1,750,000. This building was built in 1900.

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 122 Benefit Street in Providence, RI (the Property ). The multi-story building contains eleven (11) units with three (3) 1 Bedroom/1-Bathroom units and eight (8) Studio units with 2,916 square feet of gross living area in 5,970 square feet of gross area. The Property is situated upon a 0.09-acre parcel and features five (5) off-street parking spaces, as well as laundry systems in the basement. 122 Benefit Street is exceptionally well-positioned in the heart of Providence's historic College Hill neighborhood, offering immediate access to Downtown Providence, Brown University, the Rhode Island School of Design (RISD), and the city's premier employment, educational, and cultural destinations. The Property benefits from excellent connectivity via nearby Interstate 95, Interstate 195, and Route 6, providing efficient regional access throughout Rhode Island as well as to Boston and southeastern Massachusetts. Its walkable location places residents within steps of neighborhood dining, parks, and the Providence River waterfront, further enhancing the property's long-term residential appeal.

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Commercial Active

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 29,916

Style

Year Built

1900

Town/City

Providence

County/Region

Providence

MLS | Web ID

1420589

Features
General
Sewer Public Sewer
Construction Materials Brick
Year Built 1900
Electric 100 Amp Service
Property Subtype Commercial
Tax Year 2026
County Providence
New Construction false
Property Type Commercial Sale
Status Active
City Providence
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 3839
Land Lease Y/N false
Tax Annual Amount 29916
Structure Type Apartment
Standard Status Active
Tax Assessed Value 1150600
Tax Lot 103
Cap Rate 7.19
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Interior
Total Stories 0
Total Baths 0
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Exterior
Lot Features Historic District
Total Parking 5
Lot Size Area 3839
Number of Buildings 1
Building Area Total 0
Road Surface Type None
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* Excluded Features
List By
Horvath & Tremblay

Broker

smchale@htapartments.com

Email

Affordability Calculator

$13,543
Per Month
82%
18%
0%
Monthly Principal & Interest
$11,050
Monthly Property Taxes
$2,493
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$1,750,000 Listed Price

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122 Benefit Street, Providence, RI, 02903 is a Commercial Property for sale at $1,750,000. 122 Benefit Street was built in 1900. The property's zip code is 02903 which is in Providence, RI