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About This Home

This 0-bedroom, 0-bathroom commercial at 161 Benefit Street in Providence, RI is listed for $6,850,000. Built in 1876, on a 0.17 acres lot.

Agent Description

Introducing the George Earle Building - A unique opportunity to acquire an incoming-producing, signature property on Providence's famed Benefit Street. In the heart of College Hill, just steps to Brown University and RISD, this multi-use building has been expertly maintained and upgraded by its current owner.

This 4-level brick building has 12 units in total - 3 Commercial spaces encompassing the first floor, and 9 residential units on the upper 3 floors. All common areas underwent extensive renovations in 2024, resulting in elegant stairways and corridors, lending to the upscale residential atmosphere.

The 3 Commercial spaces on the first floor are currently combined - and leased out to a Top local restaurant - a fantastic long-term tenant for the new owner. This first floor space opens directly to pedestrians on Benefit Street and features walls of glass, exposed brickwork, and city views.

The front of the building has been restored to its former glory - gorgeous custom wood doors and windows, and handsome millwork. All 9 residential units feature soaring ceilings, in-unit laundry, stone flooring, and original historic details including plaster moldings and marble fireplaces.

Many of the units feature stunning views of Benefit Street and the surrounding neighborhood. The listing package includes the buildable lot at 54 Meeting Street - Zoned R-3 HD, which is currently used as 10 parking spaces. Take advantage of this turn-key investment property unlike any other.

Key Features

  • Built in 1876
  • 0.17 acre lot
  • 4 stories
  • 10 parking spaces

Property Details

4 stories
10 spaces
1876

Amenities

A/C

Monthly Cost Estimate

$36,635/mo

20% down · 6.5% · 30 years

Principal$4,954
Interest$29,683
Insurance$1,998

Estimates only. Actual payments may vary.

Location

161 Benefit Street

Providence, RI 02903

College Hill

Features & Amenities

Interior Features

Ceiling Height (7 to 9 Ft)Ceiling Height (9 to 12 Ft)

Property Details

Construction

Brick Masonry

Heating

CentralForced Air

Cooling

Other (Cooling)Central AirWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 161 Benefit Street is listed at $6,850,000. The estimated monthly payment is $29,683 based on 20% down at 6.5% interest.

Key features include: Built in 1876, 0.17 acre lot, 4 stories, 10 parking spaces. Interior Features: Ceiling Height (7 to 9 Ft), Ceiling Height (9 to 12 Ft).

This property is listed by Jim DeRentis and can be reached at (401) 439-7705 or jderentis@residentialproperties.com.

JD

Jim DeRentis

Agent at Residential Properties Ltd.

(401) 439-7705

Listed by Residential Properties Ltd.

MLS# 1405710· Source: listhub· Updated 37 days ago

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.

161 Benefit Street, Providence, RI 02903

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