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 Amenities: 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

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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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