$700,000
5,296
Living Area
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Property Description
Nestled in the city's heart lies a remarkable investment treasure. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navien heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 8.5%.Location is paramount, and this property doesn't disappoint. Proximity to downtown, effortless access to I-95, and closeness to the Pawtucket/Central Falls Station mark it as an investment hotspot. Moreover, critical destinations like Providence and Boston are within comfortable reach.This is a prime opportunity to own a well-maintained multi-unit property in a high-demand location—perfect for investors seeking long-term value and strong rental potential.
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Highlights
- Property Class: Commercial Sale
- Status: Closed
- Year Built: 1900
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Additional Details
- Roof: Rubber
- Zoning Description: Legal Conforming
- Zoning: M-1
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Fees / Taxes
- Tax Year: 2024
- Taxes: $5,620
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Listing information provided courtesy of Coldwell Banker Realty.
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