Address
1101 Lonsdale Avenue, Central Falls, RI
Price
$ 589,900
Property Attributes
- MLS#1357654
- TypeCommercial
- CountyPROVIDENCE
- CityCentral Falls
- Zip02863
- StyleCommercial
- Year Built1900
- Taxes$ 3752
- Price$ 589,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4000
- Lot Size4,000 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Remarkable opportunity to own in up and coming area within Central Falls on the Lincoln line. Prime investment opportunity: 5- Unit Multifamily gem in Central Falls! Come take a look at this full functioning 5 unit property comprised of four 1-bed 1-bath units, and one 2-bed 1-bath all within three floors. The building provides spacious living space that has been well maintained by property management to ensure tenant and buyer satisfaction, along with the recent replacement of the roof is an additional update to the buildings infrastructure . There is also a convenient 1 car garage/storage area for owner or tenant use. Behind the property you will find a decent backyard area for outdoor activity use for all tenants, and plenty of parking on the side of the building as well. Whether you're an experienced investor or entering the market, this is the opportunity for financial growth. Schedule a viewing today!
| Price History | |
|---|---|
| 4/25/2024 | Listed $589,900 |
General Features
| Sewer | Connected |
|---|---|
| Utilities | SewerConnected |
| Construction Materials | Frame |
| Year Built | 1900 |
| Electric | Item100AmpService |
| Property SubType | Commercial |
| Tax Year | 2023 |
| Community Features | Sidewalks |
| County | Providence |
| Insurance Expense | 4325.0 |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| MaintenanceExpense | 3090.0 |
| Garage Y/N | No |
| Status | Active |
| City | Central Falls |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 1 |
| Lot Size Square Feet | 4000.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Lonsdale |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 3752.0 |
| Electric Expense | 2835.0 |
| Home Warranty Y/N | No |
| Fuel Expense | 3010.0 |
| Trash Expense | 1755.0 |
| Water Sewer Expense | 1733.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://tour.RiLiving.com/1101-Lonsdale-AV-Central-Falls-RI-02863 |
| Days on Market | 10 |
| Standard Status | Active |
| Tax Assessed Value | 224700 |
| Tax Lot | 254 |
| Cap Rate | 8.0 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Above Grade Finished Area | 4000.0 |
| Street Suffix | Avenue |
| Electric On Property Y/N | No |
Exterior Features
| Total Parking | 5.0 |
|---|---|
| Lot Size Area | 4000.0 |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 4000.0 |
| 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 02863
Price
Taxes
Visits
Year Built
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