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Key Details
Sold Price $710,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1383711
Year Built 1930
Annual Tax Amount $5,428
Tax Year 2024
Lot Size 6,098 Sqft
Property Sub-Type Commercial
Property Description
6 unit multi-family producing a steady flow of income. ---- UNIT 1 - 1 Bed, 1 Bath, $750, will be vacant June 1. ---- UNIT 2 - 3 Bed, 1 Bath, $1050. ---- UNIT 3 - 1 Bed, 1 Bath, $700. ---- UNIT 4 - 2 Bed, 1 Bath, $725. ---- UNIT 5 - 2 Bed, 1 Bath, $825. ---- UNIT 6 - 1 Bed, 1 Bath, $900. ---- ~~ALL RENTS ARE BELOW MARKET VALUE~~ Two tandem off street parking spaces. Large back yard. Roof is 2 years old. All newer hot water tanks. Coin-op washer and dryer in the basement. Separate electric meters for each tenant plus a common one. One unit has a boiler and baseboard heat, 1 has electric baseboard heat and the others have gas space heaters. Connected to sewer and public water. Units are always rented. There is one lease and all others are tenants-at-will.
Location
State RI
County Newport
Zoning R30
Interior
Heating Baseboard, Gas, Space Heater
Cooling None
Laundry Common Area
Exterior
Community Features Restaurant, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected
Amenities Available Restaurant
Building
Story 3
Foundation Stone
Sewer Connected, Public Sewer, Sanitary
Water Connected, Public
New Construction No
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