$775,000
$799,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
8,276 Sqft Lot
SOLD DATE : 05/22/2024
Key Details
Sold Price $775,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1346926
Sold Date 05/22/24
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,734
Tax Year 2023
Lot Size 8,276 Sqft
Property Description
DO NOT MISS THIS - Turn key, high cap rate, full performing, and well maintained 7 unit property is new to market. The property consists of two buildings on a corner lot. The Elm St building features four 2 bed 1 bath units and a 4 bed 1 bath unit with over 2100 square feet of combined living space. The Brook St building is a 2 unit building consisting of 2 beds 1 bath on the first floor and a 4 beds 1 bath on the second and third floor with a bonus room on the fourth floor. The Elm St building has a new roof and several new mechanical elements. The Brook St building shows like a new construction on the interior and has had long term stable tenants. Ample off street parking and designated dumpster location. This property produces excellent rental income and is close to all major highways and downtown Providence! New investors, seasoned investors or partners, this one makes a ton of sense for your portfolio.Tenants are responsible for their own utilities.
Location
State RI
County Providence
Exterior
Utilities Available Sewer Connected
Total Parking Spaces 6
Building
Sewer Connected, Public Sewer
New Construction No
Others
Tax ID 61ELMSTWOON
Financing Conventional
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Bought with Keller Williams Coastal
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