$685,000
$750,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
1159 West Shore RD Warwick, RI 02889
6,300 SqFt
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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Bought with Century 21 Shoreline





