897 branch

Multi-Family for Sale
Catylist Listing ID: 30760757
Property Subtypes: Duplex/Fourplex, Mid-Rise
Number of Units: 4 Units
Building Size (RSF): 3,063 SF
Gross Building Area: 4,480 SF
Gross Land Area: 4,791 - 4,972 SF
Sale Price: $389,900
Unit Price: $97,475 Per Unit
Property Use Type: Investment
Building Name: 897 branch
Usable Size (USF): 3,063 SF
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 95
Last Updated: 9/27/2021

Overview / Comments

clean 4 unit multi family . newer mechanicals , ample parking in rear, easy highway access, close to schools, shopping

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $8,995 (Annual)
Potential Rental Income $47,400 (Annual)
Gross Operating Income $44,832 (Annual)
Net Operating Income $30,499 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: providence
Tax ID/APN: PR 078-0233
Highway Access: rt 95
Airports: greene
Site Description: building with paved lot
Property Condition: Average
Number of Stories: 3
Roof Type: Arched
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Parking Description: 6 in rear of building.
Total Parking Spaces: 6
Laundry: Shared
Heat Type: Natural Gas
Heat Source: Baseboard, Central
Fuel: Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 33,440 225,748 426,101
Median Age: 33.31 34.11 35.52
Households: 12,247 87,357 162,983

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