PRO MANAGED 7% CAP LEGAL 5-UNIT, CORNER LOT, OFF STREET PARKING
Multi-Family
for Sale
| Catylist Listing ID: |
30793748 |
| Property Subtypes: |
Duplex/Fourplex, Other
|
| Number of Units: |
5 Units |
| Building Size (RSF): |
3,795 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
5,096 SF
|
| Sale Price: |
$519,000 |
| Unit Price: |
$103,800 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.0% |
| Average Occupancy Rate: |
90 |
| Last Updated: |
5/17/2022 |
Overview / Comments
|
"NEW LISTING"- Now is YOUR chance to own this professionally managed Legal 5 Unit multi family property. Good sized units, with 3800SF 9bed 5 full bath total! Deck and balconies a plus! Plenty of off street parking. Close to $60,000 a year in gross income. Rents are currently below market and can be increased. Well maintained property on a corner lot! Call today to set up your private showing on this RARE opportunity!
|
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Providence |
| Tax ID/APN: |
WO C5-36-105 |
| Zoning: |
R4 |
| Community Building, Restaurant(s), On-Site Maintenance |
| Property Located Between: |
Blackstone MA, Woonsocket Village |
| Site Description: |
Corner lot |
| Area Description: |
Suburban |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Number of Stories: |
3 |
| Year Built: |
1920 |
| Year Renovated: |
2017 |
| Construction/Siding: |
Other |
| Exterior Description: |
2 balconies, 1 outdoor deck patio area |
| Parking Type: |
Surface |
| Parking Description: |
parking in rear |
| Total Parking Spaces: |
5 |
| Laundry: |
Shared |
| Heat Type: |
Natural Gas |
| Heat Source: |
Baseboard |
| Fuel: |
Gas |
| Zoning Description: |
R4 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
22,417 |
70,175 |
101,438 |
| Median Age: |
37.08 |
38.9 |
40.02 |
| Households: |
9,679 |
28,369 |
40,048 |
|
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