Address
1403 Mendon Road, Cumberland, RI
Price
$ 1,498,000
Property Attributes
  • MLS#1322831
  • TypeCommercial
  • CountyPROVIDENCE
  • CityCumberland
  • Zip02864
  • StyleCommercial
  • Year Built1930
  • Taxes$ 5865
  • Price$ 1,498,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7846
  • Lot Size0.35 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

This six unit has 4- 3 br apts with KIT, LR, DA, FULL BATH and 2-businesses both with AC & restrooms, all tenants (TAW) M-M, all separate utilities, six furnace's. 2 assigned parking for each apartment and 16 parking for businesses, 200 amp service for businesses and 100 amp service for apartments, fire coded, annual fire tax $774.00.

Price History
10/27/2022 Listed $1,498,000

General Features

Sewer Connected
Heating Baseboard,Gas,HotWater
Cooling Partial
Utilities NaturalGasConnected,SewerConnected
Possession Negotiable
Zoning C 1
HOA 0.0
Security Features CarbonMonoxideDetectors,FireEscape,SmokeDetectors
Construction Materials Frame
Year Built 1930
Electric Item100AmpService,Item200AmpService,CircuitBreakers
Tenant Pays Electricity,Gas,Heat,HotWater,Telephone
Stories 3
Levels ThreeOrMore
Property SubType Commercial
Tax Year 2022
Gross Income 91200.0
OwnerPays ExteriorMaintenance,Insurance,OtherTax,Repairs,RoofMaintenance,SnowRemoval,Sewer,Taxes,TrashCollection,Water
Business Type Mixed,Retail
Community Features HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Shopping,TennisCourts,Sidewalks
County Providence
Net Operating Income 70300.0
Insurance Expense 6020.0
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
MaintenanceExpense 3509.0
Possible Use Commercial,MultiFamily,MixedUse,Residential,Retail
Garage Y/N No
Status Active
City Cumberland
Buyer Agent Compensation 2% NS
View Y/N No
Senior Community Y/N No
Total Units 1
Lot Size Square Feet 15246.0
Waterfront Y/N No
Carport Y/N No
Number of Units Leased 6
Street Name Mendon
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 5865.0
Electric Expense 441.0
Home Warranty Y/N No
Fuel Expense 0.0
Trash Expense 1659.0
Water Sewer Expense 4312.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Leasable Area 0.0
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 435
Structure Type Apartment
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 397300
Tax Lot 0085
MobileHomeRemainsYN No

Interior Features

Basement Full
Furnished Y/N Unfurnished
Total Stories 3
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 7846.0
Street Suffix Road
Electric On Property Y/N No

Exterior Features

Water Source Connected
Total Parking 25.0
Lot Size Area 15246.0
Foundation Details Stone
Number of Buildings 1
Spa No
Building Area Total 7846.0
Lot Size Acres 0.35
Road Surface Type Asphalt
Frontage Length 233
Lot Size Units SquareFeet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02864

Price
AVG $660K
$1.5M
Taxes
AVG $6,144
$5,865
Visits
AVG 266
362
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1930
Walkscore
AVG 32
41
Data Provided by Walkscore® not using MLS data

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