Sold!
$1,250,000
10
Beds
8/3
Baths
9,849
Living Area
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Property Description
Imagine the rental income from this investment property paying for itself. As an investor or private investment, this mixed-use building with 6 units in a prime area is a rare find. Nestled near public transit and easy highway access within minutes to Rhode Islands or less than an hour from the Cape or Boston for convenience, the scenic water views create a peaceful oasis for tenants.The owner will consider financing to qualified buyers who can contribute 25% down payment and meet the criteria to be financed by a lending instruction. They are open to creative financing options to make this work. This well-maintained cash flowing property has below market rate rents with room to moderately increase over time.Easy access to all local major highway access. Imagine only a text, email away ..... serious inquiries from buyers who see the potential of
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Highlights
- Heating: Unit 1(Gas), Unit 3(Gas), Unit 4(Gas)
- Property Class: Residential Income
- Total Rooms: 29
- Status: Closed
- Parking Spots: 9
- Property Type: 5-9 Family
- Year Built: 1900
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Additional Details
- Appliances: Unit 1(Range, Refrigerator - ENERGY STAR)
- Construction: Frame, Brick, Stone, Block
- Flooring: Wood
- Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Family Room), Unit 3 Rooms(Living Room, Dining Room, Kitchen), Unit 4 Rooms(Living Room, Dining Room, Kitchen, Family Room)
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Source: Public Records
- Basement: Full
- Exterior Features: Porch - Enclosed
- Foundation: Concrete Perimeter, Brick/Mortar
- Lot Features: Corner Lot
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Mixed Use
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: 200+ Amp Service, Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $646,700
- Compensation Based On: Gross/Full Sale Price
- Rental Fee Includes: Unit 1(Heat), Unit 2(Heat), Unit 3(Heat), Unit 4(Heat)
- Taxes: $12,293
- Buyer Agent Compensation: 2%%
- Facilitator Compensation: 1%%
- Tax Year: 2023
- Total Rent: $7,840
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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 RE/MAX Impact.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
