$420,000
$389,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,584 SqFt
SOLD DATE : 06/28/2024
Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,584 sqft
Price per Sqft $162
MLS Listing ID 1359537
Sold Date 06/28/24
Bedrooms 5
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,584
Year Built 1900
Annual Tax Amount $5,461
Tax Year 2023
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Multi Family
Property Description
Introducing 295 Washington Street, a well-maintained property owned by the current owner for an extended period. This property features four residential units, including one two-bed unit & three spacious one-bed units, providing an excellent investment opportunity. ** The property is supported by a high-efficiency gas boiler, ensuring reliable & cost-effective heating. It is fire code compliant with a conventional fire alarm system in place.* Exterior improvements include a stairway & decking that are only five years old & maintenance-free siding. * The property also features a detached garage & carport, new fencing & ample parking, adding to its appeal & functionality. * Long-term tenants are in place; the rents are below market rates, offering significant potential for increased revenue. This property is ideal for both owner-occupants & investors, providing a stable & attractive investment opportunity. * Additionally, 295 Washington Street is conveniently located close to all amenities & highways, making it an ideal location for residents.
Location
State RI
County Kent
Zoning R-6
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Interior Features Tub Shower
Heating Baseboard, Gas
Cooling None
Flooring Carpet, Laminate
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Porch
Garage Spaces 1.0
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Utilities Available Sewer Connected
Porch Porch
Total Parking Spaces 7
Garage No
Building
Sewer Connected
Water Connected
Structure Type Drywall,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 295WASHINGTONSTWWAR
Financing Cash
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