Water Views - New Construction - Golf Course
Address
115 Roger Williams Avenue, East Providence, RI
Price
$ 979,000
Property Attributes
  • MLS#1357927
  • TypeCommercial
  • CountyPROVIDENCE
  • CityEast Providence
  • NeighborhoodRUMFORD
  • Zip02916
  • StyleCommercial
  • Year Built1890
  • Taxes$ 9450
  • Price$ 979,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4284
  • Lot Size0.459389 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

RUMFORD, FIRST TIME OFFERED TO THE MARKET, UNIQUE BRICK SIX (6) UNIT, ZONED R-5 POTENTIAL 13 UNITS, LARGE SEPERATE (2) TWO CAR GARAGE, 14 TOTAL PARKING PLACES, OVER 20.000 SG FT LOT. (2) TWO GAS HEATING SYSTEMS WITH (2) GAS HOT WATER TANKS, CURRENT RENTS BELOW MARKET WITH LONG TERM TENANTS, ALL (6) UNITS HAVE LEAD SAFE CERTIFICATES. ALL UNITS CONSIST OF ONE BEDROOM, LIVING ROOM, EAT IN KITCHEN FULL BATHROOM. EACH SIDE OF BUILDING HAS A COIN OPPERATED WASHER & DRYER FOR TENANTS CONVENIENCE. BUYER AND /OR REPRESENTATIVE ARE RESPONSIBLE FOR ALL DUE DILLIGENCE.

Price History
5/1/2024 Listed $979,000

General Features

Sewer Connected,PublicSewer
Heating Baseboard,Central,Common,Gas,HotWater
Cooling None
Utilities CableAvailable,ElectricityAvailable,NaturalGasAvailable,NaturalGasConnected,MunicipalUtilities,WaterConnected,SewerConnected
Possession Negotiable
Zoning R-5
Security Features CarbonMonoxideDetectors,FireAlarm,SmokeDetectors,SecurityLights
Construction Materials Brick
Year Built 1890
Electric Item200AmpService,CircuitBreakers
Tenant Pays AirConditioning,CableTV,Electricity
View Water
Stories 2
Levels Two
Property SubType Commercial
Tax Year 2024
Gross Income 42760.0
OwnerPays CommonAreaMaintenance,Gas,GroundsCare,Heat,HotWater,SnowRemoval,Sewer,Taxes,Water
Community Features Golf,HighwayAccess,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,TennisCourts,HighTrafficLocation,StreetLights,Sidewalks
County Providence
Net Operating Income 42760.0
Operating Expense 20000.0
Insurance Expense 3769.0
New Construction Yes
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
MaintenanceExpense 1000.0
Subdivision Name RUMFORD
Possible Use MultiFamily,Residential
Garage Y/N Yes
Status Active
City East Providence
Buyer Agent Compensation 2.0 VNS
View Y/N Yes
Senior Community Y/N No
Total Units 3
Lot Size Square Feet 20011.0
Waterfront Y/N No
Carport Y/N No
Street Name Roger Williams
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 9450.0
Electric Expense 300.0
Home Warranty Y/N No
Fuel Expense 4200.0
Property Condition UnderConstruction
Trash Expense 0.0
Water Sewer Expense 2364.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Leasable Area 4285.0
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 10
Structure Type Apartment
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 417700
Tax Lot 014
Ownership Type SoleProprietor
Taxes 9475.0
MobileHomeRemainsYN No

Interior Features

Basement None
Furnished Y/N Furnished
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 4284.0
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Water Source Connected,Public
Total Parking 14.0
Lot Size Area 20011.0
Foundation Details BrickMortar,ConcretePerimeter
Number of Buildings 1
Spa No
Building Area Total 4284.0
Road Surface Type Paved
Lot Size Units SquareFeet
Road Frontage Type CityStreet
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 02916

Price
AVG $980K
$980K
Taxes
AVG $9,450
$9,450
Visits
AVG 36
35
Data Provided by Inside Real Estate®
Year Built
AVG 1890
1890

Areas We Cover