Catylist ID: #30233528
JWU Student Housing Northup
235 & 242 Northup St, Cranston, RI 02905
Business Opportunity for Sale
|Catylist Listing ID:||30233528|
|Property Subtypes:||Real Estate|
|Building Size (RSF):||See Agent|
|Gross Revenue:||$0 (Annual)|
|Cash Flow:||$106,000 (Annual)|
|Cash Flow Type:||Sellers Discretionary Earnings|
|Sale Terms:||To Be Negotiated|
Overview / Comments
Performing Student Housing package with income of $106k+. TURN KEY. Video door bell/unlock system, 235 has RBH electronic lock system, WIFI thermostats, property surveillance cameras, burglar alarm, and an internal communication room that can be controlled from a smart phone. Bank financing available for qualified buyers. These buildings consist of 2 three level single family homes/12 rentable bedrooms. Each building has: internal coin-operated laundry facilities, and a secured maintenance storage space. All units are fully furnished with kitchen table/chairs, stainless steel appliances, flat screen TV's, leather couches, wall accessories and more.
This also includes parking lots (one possibly buildable) that can accommodate 14 cars. Additionally, there is a one car garage for storage or additional rental income. 235 includes an additional lot.
Properties are within walking distance to the JWU Harborside Campus.
|Industry Segment:||Other Real Estate|
|Reason for Selling:||Other Business Interests|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Real Estate Status:||Real Property|
|Value of Real Estate Included ($):||$497,000|
Joe F LucaRE/MAX Preferred ECCPN Member
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