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$ 1,050,000
Est. payment | /mo
6,420 SqFt
$ 1,050,000
Est. payment | /mo
6,420 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,420 sqft
Price per Sqft $163
MLS Listing ID 1403681
Style Stacked,SideBySide
HOA Y/N No
Abv Grd Liv Area 6,420
Year Built 1930
Annual Tax Amount $9,079
Tax Year 2024
Lot Size 2,117 Sqft
Acres 0.0486
Property Sub-Type Commercial
Property Description
Exceptional mixed-use investment opportunity, bringing in over $120,000 in income with a 9.5% cap rate! This property is on the Pawtucket/Massachusetts border and is a fully renovated 6-unit building includes 5 residential units and 1 commercial unit. There is a restaurant with a long-term lease (tenant contributes to property taxes) on the first floor. The rest of the building consists of 5 residential units totaling 10 bedrooms and 6 bathrooms, including a 3-bed, 2-bath unit. All residential units have been renovated floor to ceiling with new kitchens, granite countertops, stone herringbone backsplashes, stainless appliances, new windows, and updated bathrooms. New fire panel installed. Located within 9 minutes of the commuter rail. P&L available upon request.
Location
State RI
County Providence
Rooms
Basement Full
Interior
Heating Gas
Cooling None
Exterior
Community Features Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
Utilities Available Sewer Connected
Building
Sewer Connected, Public Sewer
Water Connected, Public
Architectural Style Stacked, SideBySide
New Construction No
Others
Tax ID 735BROADWAYPAWT
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Holly Bronhard
REALTOR®