Warwick, RI 02889,1159 West Shore RD
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Warwick, RI 02889,1159 West Shore RD
Warwick, RI 02889,1159 West Shore RD
Warwick, RI 02889,1159 West Shore RD
Warwick, RI 02889,1159 West Shore RD

$685,000

Est. payment /mo

$750,000

8.7%
Est.Price: ?

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1159 West Shore RD Warwick, RI 02889

6,300 SqFt

SOLD DATE : 09/28/2022

Key Details

Sold Price $685,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $108

MLS Listing ID 1313867

Sold Date 09/28/22

Maintenance Fees $5,747

HOA Y/N No

Abv Grd Liv Area 6,300

Year Built 1925

Annual Tax Amount $10,992

Tax Year 2021

Lot Size 0.431 Acres

Property Sub-Type Commercial

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

Exterior

Community Features High Traffic Location

Utilities Available Sewer Connected

Total Parking Spaces 18

Building

Sewer Connected

Structure Type Frame

New Construction No

Others

Tax ID 1159WESTSHORERDWARW

Financing Conventional

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Listed by Century 21 The Seyboth Team
Bought with Century 21 Shoreline

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