Catylist ID:
#30658573
Residential Rental Investment Property-6 Units
Multi-Family
for Sale
| Catylist Listing ID: | 30658573 |
| Number of Units: | 6 Units |
| Building Size (RSF): | 5,040 SF |
| Gross Land Area: | 0.12 Acres |
| Sale Price: | $699,000 |
| Unit Price: | $116,500 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 1/23/2021 |
Overview / Comments
|
TWO 3 FAMILY BUILDINGS WITH A TOTAL OF 6 UNITS. Front bldg. 3 family with 3 bedroom units...1st floor large exceptional OWNER OCCUPIED WITH ADD'L BASEMENT ROOMS + extras (including garage). Rear bldg. 3 family with 2 bedroom units. Established / stable tenants currently at below market rent. Expenses: Taxes $6,062, Insurance $6,355, Water $1,657, Sewer $2,785...Total expenses=$16,859/yr Note: Roofs updated + Replacement Windows |
Additional Details
| Nearest MSA: | Providence-Warwick |
| County: | Providence |
| Tax ID/APN: | CF 5-182 |
| Zoning: | RES. |
| Percent Occupied: | 100% |
| Community Amenities: | Business Center, Play Ground |
| Property Located Between: | Broad Street (rte. 114) & Fletcher Street |
| Highway Access: | Broad Street to Cross Street east to Interstate Rte. 95 north and south to all points. |
| Airports: | Rhode Island International Airport, Warwick, RI |
| Site Description: | Level |
| Area Description: | Heart of City ...easy access to most amenities from shopping to highway. |
| Total Number of Buildings: | 2 |
| Property Condition: | Good |
| Year Built: | 1900 |
| Roof Type: | Gable |
| Parking Type: | Surface |
| Parking Description: | 6 car driveway for 6 unit complex |
| Total Parking Spaces: | 6 |
| Sprinklers: | None |
| Heat Type: | Natural Gas, Hot Water, Space Heaters |
| Heat Source: | Baseboard, Other |
| Fuel: | Gas |
| Air Conditioning: | Window Unit |
| Zoning Description: | Res. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | Parcel 5-182 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 37,678 | 153,725 | 324,205 |
| Median Age: | 33.1 | 37.15 | 36.75 |
| Households: | 14,668 | 61,113 | 127,450 |
Contact
| © Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Coast Commercial Property Network nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
