$685,000
$699,900
2.1%For more information regarding the value of a property, please contact us for a free consultation.
1159 West Shore RD Warwick, RI 02889
4 Beds
4 Baths
8,457 SqFt
Key Details
Sold Price $685,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,457 sqft
Price per Sqft $80
MLS Listing ID 1314143
Sold Date 09/28/22
Bedrooms 4
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 8,457
Year Built 1925
Annual Tax Amount $10,992
Tax Year 2021
Lot Size 0.431 Acres
Acres 0.4311
Property Sub-Type Multi Family
Property Description
Investors take note! This Mix use Commercial Property offers 7 Residential Units and 1 Garage Unit that is recently rented out to landscaper! The 7 residential units all offer 1 full bath, Kitchen and Living room area! 2 Units Obtain 2 beds and the remaining 5 Offer 1 bedroom! All Units are rented and are on lease! All tenants are up to date on rent and projected 2022 Cashflow is estimated at a total of $59,116! 8%Cap rate, $7000 monthly rental income! New Rubber Roof on property! Do not miss out on this investment as it will not last!
Location
State RI
County Kent
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Flooring Carpet, Ceramic Tile, Hardwood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Detached
Garage Spaces 2.0
Utilities Available Sewer Connected
Total Parking Spaces 20
Garage Yes
Building
Sewer Connected
Water Connected
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 1159WESTSHORERDWARW
Financing Conventional
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Bought with Century 21 Shoreline