Catylist ID:
#30658573
Residential Rental Investment Property-6 Units/2 Buildings
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: | 4/13/2021 |
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 bed 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
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