$549,900
$549,900
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2,899 SqFt
SOLD DATE : 03/04/2022
Key Details
Sold Price $549,900
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,899 sqft
Price per Sqft $189
MLS Listing ID 1301954
Sold Date 03/04/22
HOA Y/N No
Abv Grd Liv Area 2,899
Year Built 1880
Annual Tax Amount $8,523
Tax Year 2021
Lot Size 0.347 Acres
Property Sub-Type Commercial
Property Description
Investors take notice!!! This updated 6 unit with 1 bed in each unit sits on a 15,107 large corner lot in Wet Warwick, R.I. Rents are below market rate, Tenants pay for their electricity, there are 7 meters on the property. Owner pay for the heat and hot water. Updated roof about 2 years ago and new gas boiler about 5 years ago. Tenants on a month to month, The property is connected to city water and city sewers , no balance on the sewer assessment. Building has a newer fire alarm system. Property is on the bus line and has plenty of off street parking. Exterior has maintenance free siding. Owner will provide a current rental income and expense documentation. Great rental history. Walkout basement can be used to add coin op laundry. Walk up attic that could be finished for another unit. Don't miss out on this one. Great investment property
Location
State RI
County Kent
Zoning R6
Rooms
Basement Dirt Floor
Interior
Heating Baseboard, Hot Water
Exterior
Community Features Highway Access, Public Transportation, Street Lights
Utilities Available Cable Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected
Street Surface Asphalt
Total Parking Spaces 12
Building
Lot Description Corner Lot
Story 2
Foundation Combination
Sewer Connected
Water Connected, Public
Level or Stories 2
Structure Type Frame
New Construction No
Others
Tax ID 1044MAINSTWWAR
Security Features Fire Alarm,Fire Escape
Financing Conventional
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