Historic Benefit Street Home Listed for Sale

Categories: Business NewsNewsReal Estate & Properties

The historic home on Benefit Street showcases beautiful architecture and expansive outdoor spaces.

News Summary

A historic home in Providence, built in 1890, has been listed for sale at $1.35 million. This unique property offers three bedrooms, two bathrooms, and ample outdoor space. It has not been on the market for nearly 100 years, making it a rare opportunity for buyers seeking historic charm and modern functionality. The house also features a rental unit, perfect for investment potential, and is strategically located near prestigious academic institutions.

Historic Benefit Street Home Listed for $1.35 Million in Providence

A historic home located at 288 Benefit Street in Providence has been listed for sale at an asking price of $1,350,000. Built in 1890, this property is being marketed for the first time in nearly 100 years, making it a unique opportunity for prospective buyers.

The 7,700 square foot lot on which the house stands offers ample space and a degree of privacy, as the property is set back from the street. Currently utilized as a legal two-family home, the house features a total of three bedrooms and two full bathrooms, with one bathroom conveniently located on the main level and the second in the primary bedroom.

Within the property, the rental unit provides over 1,000 square feet of living space, complete with in-unit laundry facilities. This unit boasts artisan-level wood paneling and a large fireplace that adds character to the living and dining area. The arrangement allows for versatile use, perfect for families or individuals looking to supplement their income through rental.

The tenant occupying the rental space is scheduled to vacate at the end of July 2025, providing potential buyers an opportunity for personal use or re-rental once the lease concludes.

Outdoor Spaces and Parking

The property features outdoor amenities that enhance its appeal, including a flagstone patio and a second-level deck, complete with an awning, which offers views overlooking North Main Street. This outdoor space provides an excellent setting for relaxation or entertaining guests.

Additionally, the home comes with a detached two-car garage, along with parking spaces available for four additional cars, ensuring convenience for residents and visitors alike.

Prime Location

Strategically located near prestigious educational institutions such as Brown University and the Rhode Island School of Design (RISD), the property also enjoys proximity to local museums and a wide array of community activities. This advantageous location makes the home particularly attractive for families, professionals, and students alike.

Historical Significance

The listing of this property marks a significant moment in Providence’s real estate landscape, especially given its history and the fact it has not been on the market for nearly a century. As a historic home, it carries not only the charm of its age but also potential for renovations or restorations in line with modern living standards while still preserving its heritage.

For interested buyers, the home at 288 Benefit Street presents a blend of historic charm, modern functionality, and prime location at an accessible price point in today’s real estate market. As more people look to settle in Providence, this property encapsulates the essence of both historic value and contemporary living.