# 161 Benefit Street, Providence, RI 02903

> **TL;DR:** commercial, $6,850,000, built 1876.
> A/C. Est. $29,683/mo. Listed 37 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $6,850,000 |
| Year Built | 1876 |
| Lot Size | 7,623 sqft (0.17 acres) |
| Stories | 4 |
| Property Type | Commercial (Apartment) |
| Status | For Sale |
| Days on Market | 37 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $29,683 |
| **Total** | **$29,683** |

## Key Amenities

- A/C

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 161 Benefit Street, Providence, RI 02903
- **County:** Providence
- **Neighborhood:** College Hill
- **Coordinates:** 41.82876, -71.40805
- **Google Maps:** https://www.google.com/maps?q=41.82876,-71.40805

## Listing Agent

- **Name:** Jim DeRentis
- **Brokerage:** Residential Properties Ltd.
- **Phone:** (401) 439-7705
- **Email:** jderentis@residentialproperties.com

## Primary Photo

![161 Benefit Street - Primary Photo](http://lh.rdcpix.com/f5d6f0375c8d18a4f4709e0d411bb67el-f1316618390r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/161-benefit-street-providence-ri-02903-1405710)*

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**MLS#:** 1405710 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/161-benefit-street-providence-ri-02903-1405710)

---

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