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Key Details
Sold Price $470,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Pascoag
MLS Listing ID 1292666
Sold Date 12/22/21
HOA Y/N No
Year Built 1900
Annual Tax Amount $5,443
Tax Year 2020
Lot Size 0.490 Acres
Acres 0.49
Property Description
Fantastic well maintained investment opportunity, with positive cash flow, in the heart of downtown Pascoag. This property has a full fire alarm system, coin operated laundry in the basement, lots of off-street parking in a paved rear parking lot, separate heating systems, oil tanks and electric meters for each individual unit, a beautiful back yard and more. The rents have been kept well below the current rental market due to long term tenants who have been there up to 26 years. Gas is available to the building. Gas line has been brought to the building. Profit/Loss statements, and expenses are available. One unit remains vacant at owner's choice. After 34 years of ownership, the owners have decided to retire and pass this desirable property on to the next investor.
Location
State RI
County Providence
Community Pascoag
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Furnishings Unfurnished
Laundry Common Area, Laundry Room
Exterior
Community Features Near Hospital, Near Schools, Public Transportation, Shopping, Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected
Present Use Multi-Family
Street Surface Asphalt,Paved
Total Parking Spaces 12
Building
Story 3
Foundation Combination
Sewer Connected
Water Public
Level or Stories 3
Structure Type Frame
New Construction No
Others
Tax ID 7474SAYLESAVBURR
Security Features Carbon Monoxide Detector(s),Fire Alarm,Fire Escape
Financing Cash
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