$685,000
$649,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
5,886 SqFt
SOLD DATE : 01/11/2021
Key Details
Sold Price $685,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,886 sqft
Price per Sqft $116
Subdivision Historic Armory District / West End
MLS Listing ID 1266883
Maintenance Fees $2,500
Year Built 1905
Annual Tax Amount $12,369
Tax Year 2019
Lot Size 3,049 Sqft
Property Sub-Type Commercial
Property Description
9 CAP, $95,880 yearly gross income.
Turn-key opportunity perfect for investment, condo conversion, or live and collect income. Legal SIX units boasting architectural and period details in the heart of Historic Armory District.
Fully occupied featuring; 2 two-bedrooms, 3 one-bedrooms and 1 studio. All well kept units were renovated between 2013-2015; updates included new appliances, kitchen cabinets and bathroom improvements (list of improvements attached). Well maintained, hardwood floors, large bright windows and high ceilings. Coin up laundry for additional income, ample storage including designed secured storage for tenants. FIRE CODED, Roof 2013, updated electrical.
Steps to Dexter Park, local restaurants, bars and seasonal farmers market. Convenient to Downtown, Federal Hill, Broadway and highway access.
Location
State RI
County Providence
Community Historic Armory District / West End
Interior
Heating Gas, Hot Water, Steam
Cooling 1 Unit
Laundry Common Area, Laundry Room
Exterior
Community Features Highway Access, Near Hospital, Near Schools, Playground, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Sewer Connected, Water Connected
Amenities Available Playground, Restaurant
Building
Lot Description Corner Lot, Historic District
Story 3
Foundation Brick/Mortar, Stone
Sewer Connected
Water Connected, Public
Structure Type Frame
New Construction No
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Bought with Lenox Realty Group
