Property Attributes
- MLS#73176766
- TypeCommercial
- CountyPROVIDENCE
- CityCentral Falls
- Zip02863
- Style
- Year Built1900
- Taxes$ 5216
- Price$ 849,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5296
- Lot Size4,792 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
A STONE AWAY FROM BOSTON!! ATTENTION ALL ENTREPRENEURS AND INVESTORS. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient 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 9.6%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise.
Price History | |
---|---|
11/2/2023 | Listed $900,000 |
2/13/2024 | 6% - $849,900 |
General Features
Utilities | Public Water,Public Sewer,Natural Gas Available,110 Volts |
---|---|
Roof | Rubber |
Zoning | M-1 |
Year Built | 1900 |
Tax Year | 2022 |
Gross Income | 106200 |
County | Providence |
Net Operating Income | 76705 |
Operating Expense | 24185 |
Property Type | Commercial Sale |
HOA / Comm Assn | No |
Status | Active |
Directions | Of Dexter street,turn right on cross st to the left side of the street |
City | Central Falls |
Disclosures | The driveway does not come with the property,there is an easement was cleared when the owner to ownership of the property |
Senior Community Y/N | No |
Zoning Description | Legal Conforming |
Lot Size Square Feet | 4792 |
Waterfront Y/N | No |
Street Name | Cross Street |
Tax Annual Amount | 5216 |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Standard Status | Active |
Tax Lot | 310 |
Exterior Features
Lot Size Area | 0.11 |
---|---|
Building Area Total | 5296 |
Lot Size Acres | 0.11 |
Lot Size Units | Acres |
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