$1,872,500
24
Beds
8
Baths
4,017
Living Area
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Property Description
Great opportunity to own a key piece of property right on the corner of University Ave & Gershom Ave. Two buildings on one deed, totaling 6 x 4 bedroom units, all with a similar layout. Four units are 4 bdrm/1 bath and two units are 4 bdrm/2 baths. All units are separately metered with tenants being responsible for payment of own electric, heat, hot water and cooking gas. Parking is on street by residential sticker. Laundromat is two doors over. Expansion potential on top level in each building, but one would need to go through the proper city planning and permitting procedures to pursue this option. This a well maintained property by an active owner, with a strong rental history and potential to increase rents. One unit is vacant and unit rent is estimated.
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Highlights
- Area: Pawtucketville
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
- Levels: 5
- Property Type: 5-9 Family
- Total Rooms: 36
- Status: Closed
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Additional Details
- Basement: Unfinished
- Exterior Features: Balcony
- Foundation: Irregular
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Unknown/Mixed
- Zoning: Tmu
- Construction: Frame
- Flooring: Varies
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: On Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,298,800
- Taxes: $14,558
- Tax Year: 2025
- Total Rent: $10,600
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Universal Property Management.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.