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Key Details
Sold Price $390,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Elmwood
MLS Listing ID 1274078
Sold Date 02/18/21
HOA Y/N No
Year Built 1930
Annual Tax Amount $10,569
Tax Year 2020
Lot Size 4,792 Sqft
Property Description
This fully rented Elmwood 6-unit boasts tons of updates, ample off-street parking, and a strong rental history that provides a fantastic cash flow for first-time and seasoned investors alike. The building is comprised of six 1-bedroom units four of which have been substantially updated (new plumbing, wiring, refinished hardwoods). The property also features a brand-new roof, young mechanicals, and a hardwired fire system with a central panel. Additionally, the house's vinyl and brick siding make for easy upkeep and maintenance. With clean common spaces, a gleaming, empty basement, and an established rent roll, 20 Congress is the perfect acquisition for any investment portfolio.
Location
State RI
County Providence
Community Elmwood
Zoning R3
Rooms
Basement Full
Interior
Heating Steam
Cooling None
Furnishings Unfurnished
Exterior
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected
Street Surface Asphalt
Total Parking Spaces 6
Building
Story 3
Foundation Brick/Mortar, Stone
Sewer Connected, Public Sewer, Sanitary
Water Connected, Public
Level or Stories 3
Structure Type Frame
New Construction No
Others
Tax ID 20CONGRESSAVPROV
Security Features Carbon Monoxide Detector(s),Fire Alarm
Financing Cash
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Bought with RentProv Realty