Property Attributes
- MLS#1330511
- TypePending
- CountyPROVIDENCE
- CityNorth Providence
- NeighborhoodRhode Island College- Fruit Hill
- Zip02911
- StyleCommercial
- Price$ 499,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4559
- Lot Size0.245983 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Rare Investor opportunity to own a multi zoned property. The property was originally built as a nursing/ assisted living facility but has since been home to the New Hope Community Church of Christ and New Hope Mission from 2009 on. Operating as a mens christian sober living facility the property was designed to house 18 residents with a common living room, common kitchen, and common dining room. Many of the mechanicals have been updated including electrical and very high end fire suppression system. The property is currently in operation so buyers please be respectful of residents privacy.
Price History | |
---|---|
2/27/2023 | Listed $499,900 |
General Features
Sewer | Connected |
---|---|
Cooling | None |
Utilities | NaturalGasConnected,SewerConnected |
Possession | Immediately |
Zoning | CP |
Security Features | BuildingSecurity |
Construction Materials | Frame |
Year Built | 1930 |
Electric | Item200AmpService,CircuitBreakers |
Tenant Pays | None |
Property SubType | Commercial |
Tax Year | 2023 |
Gross Income | 14160.0 |
OwnerPays | AllUtilities |
Business Type | Other |
Community Features | Clubhouse |
Business Name | New Hope Community Church and New Hope Mission |
County | Providence |
Net Operating Income | 6179.0 |
Operating Expense | 7981.0 |
Insurance Expense | 465.0 |
New Construction | No |
Property Type | CommercialSale |
Association Amenities | RecreationFacilities,RecreationRoom |
HOA / Comm Assn | No |
Attached Garage | No |
MaintenanceExpense | 230.0 |
Subdivision Name | Rhode Island College/ Fruit Hill |
Garage Y/N | No |
Building Features | PublicRestrooms |
Status | Pending |
City | North Providence |
View Y/N | No |
Senior Community Y/N | No |
Total Units | 1 |
Lot Size Square Feet | 10715.0 |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Smith |
Property Attached Y/N | Yes |
Land Lease Y/N | No |
Tax Annual Amount | 0.0 |
Electric Expense | 750.0 |
Home Warranty Y/N | No |
Fuel Expense | 800.0 |
Trash Expense | 230.0 |
Water Sewer Expense | 175.0 |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Days on Market | 133 |
Lease Type | Gross |
Standard Status | Pending |
Tax Assessed Value | 619900 |
Tax Lot | 90 |
Ownership Type | Corporation |
MobileHomeRemainsYN | No |
Interior Features
Basement | Full |
---|---|
Basement (Y/N) | Yes |
Air Conditioning Y/N | No |
Heating Y/N | No |
Fireplace Y/N | No |
Above Grade Finished Area | 4559.0 |
Street Suffix | Street |
Laundry Features | LaundryRoom |
Electric On Property Y/N | No |
Exterior Features
Total Parking | 2.0 |
---|---|
Lot Size Area | 10715.0 |
Foundation Details | ConcretePerimeter |
Number of Buildings | 1 |
Spa | No |
Building Area Total | 4559.0 |
Road Surface Type | Asphalt |
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