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$1,050,000
Est. payment /mo
12 Beds
6.5 Baths
6,420 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 6,420 sqft
Price per Sqft $163
MLS Listing ID 73471060
Bedrooms 12
Full Baths 6
Half Baths 1
Year Built 1930
Annual Tax Amount $9,079
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type 5+ Family - 5+ Units Side by Side
Property Description
Exceptional mixed-use investment opportunity, bringing in over $120,000 in income with a 9.5% cap rate! This property is on the Pawtucket/Massachusetts border and is a fully renovated 6-unit building includes 5 residential units and 1 commercial unit. There is a restaurant with a long-term lease (tenant contributes to property taxes) on the first floor. The rest of the building consists of 5 residential units totaling 10 bedrooms and 6 bathrooms, including a 3-bed, 2-bath unit. All residential units have been renovated floor to ceiling with new kitchens, granite countertops, stone herringbone backsplashes, stainless appliances, new windows, and updated bathrooms. New fire panel installed. Located within 9 minutes of the commuter rail. P&L available upon request.
Location
State RI
County Providence
Zoning RES
Direction USE GPS
Interior
Flooring Tile, Vinyl
Exterior
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, T-Station
Roof Type Shingle
Garage No
Building
Lot Description Corner Lot
Story 5
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Keller Williams Realty Leading Edge
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