7/8 Unit Multi-Family Residential in Cumberland RI!
Multi-Family
for Sale
| Catylist Listing ID: |
30797592 |
| Property Subtypes: |
Duplex/Fourplex, Other
|
| Number of Units: |
See Agent |
| Building Size (RSF): |
6,650 SF |
| Gross Building Area: |
7,850 SF |
| Gross Land Area: |
16,998 SF
|
| Sale Price: |
$725,000 - 777,000 |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
6,650 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/17/2022 |
Overview / Comments
|
Investors Take Note: This is an Amazing turn-key suite of 8 units over 3 buildings! A 5 unit with 1 bed units, a Duplex with a 1 and a 2 bed, and a stand-alone cottage out back that needs to be finished for additional rent. Updates include 10 year young roofs, some vinyl replacement windows and many of the units are on their own brand new Navien gas systems so tenants pay their own utilities and the rest have low reasonable expenses. In addition there are basements in 2 of the buildings, a 2 car garage and plenty of off-street parking. Very serious inquiries Only. Buyers MUST come with recent Proof of Funds or Pre-approval letter. Selling AS IS. CASH or Conventional financing only. Owner is busy with other projects and after many years is ready to sell this absolute Cash Cow!
|
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Providence |
| Tax ID/APN: |
CU 004-0346-000 |
| Highway Access: |
close to 295, 146 |
| Site Description: |
paved driveway w/parking |
| Area Description: |
suburban |
| Total Number of Buildings: |
3 |
| Property Condition: |
Fair |
| Number of Stories: |
3 |
| Year Built: |
1920 |
| Construction/Siding: |
Vinyl Siding |
| Parking Ratio: |
8 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
paved off-street parking |
| Total Parking Spaces: |
10 |
| Heat Type: |
Natural Gas, Oil |
| Heat Source: |
Baseboard |
| Fuel: |
Gas, Oil |
| Internet Access: |
Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
20,543 |
133,480 |
283,634 |
| Median Age: |
35.51 |
37.38 |
38.39 |
| Households: |
7,672 |
52,205 |
113,387 |
|
© Copyright 2001-2022 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither East Coast Commercial Property Network nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
