Central Falls, RI 02863,198-200 Cross St
Central Falls, RI 02863,198-200 Cross St
Central Falls, RI 02863,198-200 Cross St
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Eric Chauvin

Eric Chauvin

Penrose Realty

+1(617) 448-0910
$735,000
Est. payment /mo
5,296 SqFt
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UPDATED:

12/14/2024 01:54 AM

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 5,296 sqft

Price per Sqft $138

MLS Listing ID 73315584

HOA Y/N false

Year Built 1900

Annual Tax Amount $5,620

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Description

A STONE AWAY FROM BOSTON!! ATTENTION ALL ENTREPRENEURS AND INVESTORS. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 8.5%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise. Essential equipment and furniture stand at the ready.

Location

State RI

County Providence

Zoning M-1

Direction dexter to cross

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available, 110 Volts

Roof Type Rubber

Others

Senior Community false


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Listed by Coldwell Banker Realty
advisor-avatar

+1(617) 448-0910

eric@penroserealty.com

560 Harrison Ave. STE 503, Boston, MA, 02118, United States

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198-200 Cross St