$425,000
$374,900
13.4%For more information regarding the value of a property, please contact us for a free consultation.
5,663 Sqft Lot
SOLD DATE : 04/22/2021
Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1278591
Sold Date 04/22/21
HOA Y/N No
Year Built 1910
Annual Tax Amount $7,521
Tax Year 2021
Lot Size 5,663 Sqft
Property Sub-Type Commercial
Property Description
Solid 9+% cap rate with room to grow. 6-unit building composed of similar 2 bed / 1 bath units. A well maintained property with attractive landscaping and a spacious backyard. Although one of the unit is currently vacant (kept empty for the sale), the building offers historically very low vacancy. Some long-term tenants. Up-to-date fire system, spring-loaded solid unit doors, separate utilities (gas and electric), and large basement with private storage units. Separate hot water tanks for each unit. Gas space heaters in the units. No off-street parking, but free and ample on-street parking on Carpenter St. Conveniently located near Lonsdale Ave and a few minutes to Mineral Spring Ave and I-95.
Location
State RI
County Providence
Zoning CG
Rooms
Basement Full
Interior
Heating Space Heater
Cooling None
Laundry Common Area
Exterior
Community Features Highway Access, Near Schools, Public Transportation, Shopping, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected
Building
Story 3
Foundation Brick/Mortar, Concrete Perimeter, Stone
Sewer Connected
Water Connected
Level or Stories 3
Structure Type Frame
New Construction No
Others
Tax ID 46CARPENTERSTPAWT
Security Features Fire Alarm
Financing 1031 Exchange,Other
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