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
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