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$ 925,000
Est. payment | /mo
0.3 Acres Lot
$ 925,000
Est. payment | /mo
0.3 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73427584
HOA Y/N false
Year Built 1900
Annual Tax Amount $4,034
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Property Description
Investor's Dream Opportunity! This 7-unit mixed-use property offers 6 residential apartments, 1 retail space, and a sizable parcel of land with potential for an additional buildable lot. A true cash-flow generator, the property boasts a strong rental history and consistent returns. The residential units feature balconies, eat-in kitchens, spacious living rooms, and full baths in each. Unit mix includes four 2-bedroom apartments, one 4-bedroom apartment, and one studio, catering to a wide range of tenant demand. Key highlights include Ample off-street parking, Recent upgrades: newer roof, updated balconies/porches, and compliant water meter, Prime location with a stable tenant base, Upside potential with land for expansion. With its income strength, solid fundamentals, and long-term growth potential, this property is a turnkey investment you won't want to miss! Note: Rental figures reflect market value projections.
Location
State RI
County Providence
Zoning R4
Direction Use GPS
Exterior
Total Parking Spaces 20
Others
Senior Community false
Listed by Keller Williams Elite
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Lavonne Lopes
Lic# 32513