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Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Riverside
MLS Listing ID 1307918
Sold Date 06/22/22
HOA Y/N No
Year Built 1976
Annual Tax Amount $22,926
Tax Year 2022
Lot Size 0.720 Acres
Property Description
Amazing investment opportunity in highly desirable Riverside, close to Bradley Hospital, Bay View Academy, East Bay Bike Path, and just 10 minutes from Downtown Providence. These two brick buildings are set back and situated on 3/4 acre lot, nestled between other well-kept residential buildings, abutting a quiet residential neighborhood. Each apartment features large large, open, living spaces with modern layouts, and private balconies or patio space. 20+ parking spots. Central AC/Heat. 11/12 units have month-to-month rental agreements with extremely long-term, reliable tenants, in place. These buildings boast near-zero vacancy rates and great opportunity for growth and increased ROI. This property is up to date with fire coding. This is a solid turn-key investment.
Location
State RI
County Providence
Community Riverside
Interior
Cooling Central Air
Exterior
Utilities Available Sewer Connected
Total Parking Spaces 23
Building
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Brick
New Construction No
Others
Tax ID 2910PAWTUCKETAVEPRO
Security Features Carbon Monoxide Detector(s),Fire Alarm
Financing Conventional
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Bought with South Earth Realty
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Porgech Sia
Agent | License ID: 1000883-RE-RS & RES.0042831
Agent License ID: 1000883-RE-RS & RES.0042831