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Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,960 sqft
Price per Sqft $110
Subdivision Federal Hill / Depasquale Sq.
MLS Listing ID 1272106
Sold Date 07/30/21
HOA Y/N No
Abv Grd Liv Area 4,960
Year Built 1900
Annual Tax Amount $16,988
Tax Year 2020
Lot Size 1,742 Sqft
Property Description
Get an investment property on Federal Hill, without breaking the budget. Property consists of 4 cash flowing units, gross rents of $62,400 annual, with well below market value rents. Some TLC needed, but massive rent increases to follow. Unfinished 4th floor unit/townhouse allows for equity growth! Don't miss out on your chance to get this prime property. The residential units offer huge upside. Leases in place for two units, two units remain on month to month. Motivated and ready to sell!
Location
State RI
County Providence
Community Federal Hill / Depasquale Sq.
Interior
Heating Steam
Exterior
Utilities Available Sewer Connected
Building
Story 4
Sewer Connected
Level or Stories 4
Structure Type Masonry
New Construction No
Others
Tax ID 150ACORNSTPROV
Financing Cash
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Bought with Smith and Oak Real Estate Co.